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Grapevive - Caucedo gets set for Panama Canal expansion

DP World’s Caucedo Multimodal reportedly announced on March 15 that, as of March 22, the international shipping lines NYK, Hanjin, Evergreen and Hyundai Merchant Marine would be using the Dominican Republic as a transit operations centre for container shipments between North and South America.

As reported in El Caribe, the port is preparing to make the most of the completion of the Panama Canal expansion in 2014. Located east of Santo Domingo, the facility now handles about 25 containerships a day or about 1,300 ships a year. It has a sophisticated security system, with over 100 cameras and motion-activated sensors. 

More than US$5 million has been invested in security measures, according to the report. The port has an annual handling capacity of 1.25 million teu. An expansion completed in 2011 has increased its capability by 300 metres of deepwater berth and equipped it with two new mobile cranes in addition to the existing five post panamax gantry cranes. The port now has three deepwater berths with a total length of 922 metres and 13.5 metres depth alongside. The terminal covers an area of 50 hectares with storage space for 30,000 containers.