The government of Guayaquil in Ecuador recently led the signing of a 25-year concession agreement with Luxembourg-based Jan De Nul Group for the deepening and maintenance of the 95-kilometer long access channel leading to the port of Guayaquil.
With dredging works expected to be completed within the first year of the concession, mega vessels will soon be able to enter the Port of Guayaquil – guaranteeing a new authorized draft of 12.5 meters at high tide, and 7.5 meters at the Guayas River. The...