Coalcorp Announces Agreement on Colombian Port Concession
Coalcorp Mining Inc. recently announced that it has completed its review of available port concessions in Barranquilla and has elected to partner with an existing concession holder to jointly develop a multi-purpose port, initially to be designed to handle 10 million metric tons of coal per year (mtpy) and ultimately
30 million mtpy. Preliminary design work is already underway and Sandwell Engineering has been retained for the detailed design and engineering for a state-of-the-art direct-loading port, fully in accordance with
Colombian and international environmental requirements. This port will take advantage of the Magdalena River to provide export capacity in cape size ships for all coal producers and ultimately other cargoes.
30 million mtpy. Preliminary design work is already underway and Sandwell Engineering has been retained for the detailed design and engineering for a state-of-the-art direct-loading port, fully in accordance with
Colombian and international environmental requirements. This port will take advantage of the Magdalena River to provide export capacity in cape size ships for all coal producers and ultimately other cargoes.