7 million twenty-foot equivalent units
this year and increase the national container capacity by more than 50%.
4 million twenty-foot equivalent units
(TEUs), a shipping container measurement, passed through Gulftainer's portfolio last year, which includes ports from Saudi Arabia to Brazil.
The installation of new equipment and the construction of new terminals will increase the port's capacity to 8 million twenty-foot equivalent units
after the first phase, which is scheduled to end in 2016, the port will have a capacity of around two million twenty-foot equivalent units
(tEu) per annum.
The Danish-led consortium, which includes Moroccan conglomerate Akwa Group, won the licence for Tangier Med Terminal 3, with capacity for 3 million twenty-foot equivalent units
(TEUs), the Mediterranean Tangier Special Agency said.
Taiwan's Yang Ming Marine Transport, China's Cosco Container Lines Ltd, Korea's Hanjin Shipping Co, Japan's Kawasaki Kisen Kaisha Ltd and Germany's Senator Lines GmbH have a total of 324 container ships with a capacity of 804,703 twenty-foot equivalent units
The port recently posted its highest trade volume in history, with over 4 million TEUs, or Twenty-foot Equivalent Units
, passing though in 1998, Wong said.
Total July POLA volume at 687,891 twenty-foot equivalent units
(TEU) was down 1.
2 million twenty-foot equivalent units
(TEU)at its more than 60 terminals compared to 26.
Together, the three container terminals will add a capacity of over 6 million TEUs, or twenty-foot equivalent units
, a measure for container traffic.