{"id":444175,"date":"2026-06-02T17:31:28","date_gmt":"2026-06-02T07:31:28","guid":{"rendered":"https:\/\/www.railfreight.com\/?p=71494"},"modified":"2026-06-03T17:01:08","modified_gmt":"2026-06-03T07:01:08","slug":"cosco-and-ptp-to-invest-116-million-euros-in-port-of-tarragona","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=444175","title":{"rendered":"COSCO, PTP to invest \u20ac116m in Tarragona terminal upgrade"},"content":{"rendered":"

Chinese shipping group COSCO and Argentine logistics company PTP Group will invest more than \u20ac116m in the upgrade and operation of the Moll d’Andalusia multipurpose terminal at the Port of Tarragona. The joint venture formed by the two companies has secured a 50-year concession from the Tarragona Port Authority.<\/strong>
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“The joint venture will begin operations at the end of 2026,” the port authority said. Construction work is then expected to continue over the next two years, increasing the capacity of the Moll d’Andalusia terminal to 680,000 TEU by 2028.<\/p>\n

Under the terms of the concession, the operator must handle at least 360,000 TEU annually by 2031, including at least 200,000 TEU from regular liner container services, such as full import and export container flows.<\/p>\n