July 2021 - Construction underway; May 2021 - Construction started; March 2021 - Katoen Natie has signed an agreement with the government of Uruguay to invest in the expansion of the project; Investment will go towards the construction of a 220,000 sq m container yard, 700 m quay wall and dredging the shipping channel to a depth of 14m and works will more than double the annual capacity of the Terminal Cuenca del Plata from 1.2mn twenty-foot equivalent units (TEUs) to 2.5mn TEUs