Prodeco Opens Puerto Nuevo Coal Port
News: Swiss firm Glencore International 's Colombian coal unit Prodeco has opened its new US$550mn Puerto Nuevo Coal Port in the Colombian province of Magdalena. The port has been designed to meet the more stringent environmental regulations. It will load coal directly onto ships instead of using barges and has an annual capacity of 21mn tonnes in order to increase exports. The company aims to increase its annual coal production to nearly 21mn tonnes by 2015. Meanwhile, Prodeco produced 14.7mn tonnes of coal in 2012.