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Cosco Shipping Ports Spain To Invest €62 Million In Valencia Port

Cosco Shipping Ports Spain to invest €62 million in Valencia port

Source: Valenciaport

Valencia, Spain (PortSEurope) June 2, 2020 – Cosco Shipping Ports Spain (CSP Spain) has announced that it will invest over €62 million ($69.30 million) in Valenciaport until 2022 to increase the capacity of CSP Iberian Valencia Terminal by 30% to 5 million TEU. Volume in 2020 is forecast to be 2.5 million, leaving the same extra volume to meet demand for the next 15 years. Investment in equipment will include two new dock cranes, adding…

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