BajaNews - 8-30-2009 at 09:16 PM
http://www.sandandgravel.com/news/article.asp?v1=12052
August 28, 2009
Business News Americas (BNAmericas) says API de Ensenada, the state administrator of Baja California's Ensenada port in Mexico, invested 220mn pesos
(US$16.6mn) to dredge the bay area in 2008 and 2009, according to commercial manager, César Rivera.
The investment was covered with federal funds and works were recently completed. The administrator decided to take advantage of the reduced movement
in the port, caused by the global financial crisis, to carry out the improvement works, said Rivera.
"We were able to invest and prepare the port for when the market recovers," Rivera told BNAmericas.
Previously, Ensenada port was able to handle ships with a maximum capacity of 5,500 TEU, but it can now handle ships with capacity up to 7,500 TEU,
Rivera said.