Brazil plans to open two megaports in the State of Rio de Janeiro in 2012, as EBX Group, owned by Brazilian mining billionaire Eike Batista, makes rapid progress on the Deepwater Sudeste and Acu Superports. The projects are an effort to speed trade in natural resources and new investment by other nations, particularly China, say published reports. LLX Logistica SA Inland from the port, a 90-sq-km industrial complex is under development. The new ports are designed to accommodate the new Chinamax line of vessels, which are 380 meters long. Claimed to be the largest investment in port infrastructure in the
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.