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While Spain plunges deeper into economic crisis, with 4% of its stock market value wiped yesterday, record government lending rates and one of the worst unemployment levels in Europe, a new container terminal in the port of Barcelona will be officially opened this evening by King Juan Carlos of Spain.

However, project managers and Hutchison executives said that the terminal would aim to win transhipment traffic back from neighbouring ports and add new cargo options for French shippers regularly afflicted by ...

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