China COSCO Eyes New Terminal at Spain's Largest Container Port

(Beijing) – COSCO Shipping Ports is tipped as a likely bidder to build and operate a terminal at the southern Spanish port of Algeciras, a person close to the shipping giant told Caixin on August 24.

Algeciras is Spain's biggest container port and oil importing dock, and handled 2.3 million 20-foot containers in the first half the year – a 13 percent year on year increase, the port authority said.