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Tuesday, 10 May 2011

Superport is Brazil’s new route to China

Financial Times
May 9, 2011

The so-called Highway to China is one of the first infrastructure projects in Brazil built on a scale to match anything in the Asian nation from which it takes its nickname.

Officially known as the Açu Superport, the facility stretches into the sea off the coast of the state of Rio de Janeiro and is the most ambitious component of the portfolio of Eike Batista, Brazil’s richest man.

After it begins operations next year, it will be deep enough to service the Chinamax – a new vessel capable of shipping 400,000 tonnes of iron ore between Brazil and China, twice that of most existing bulk carriers plying the route.
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