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We
own approximately 2,290 acres of land in Tuxpan, and we own a
terminal of multipurpose cargo through our wholly owned subsidiary
Terminal Marítima de Tuxpan, S.A. de C.V. We have access
to a contiguous public berth where containers and general cargoes
are unloaded and delivered to our multipurpose terminal. While
we currently only handle a small volume of cargo at the port,
we are in the process of developing the site. Tuxpan is operated
through Operadora Portuaria de Tuxpan, S.A. de C.V.,
a wholly owned subsidiary of Grupo TMM.
Additionally,
we have three concessions at the port of Tuxpan to use: 1) Approximately
35,000 square yards of waterfront since September 25, 2000 for
20 years (with the possibility of extension) 2) Approximately
9,500 square yards of land since april 7, 1997 for 20 years (with
the possibility of extension) through our wholly owned subsidiary
Tecomar, S.A. de C.V. and 3) to provide Stevedoring Services since
August 4, 1999 for 10 years (with the possibility of extension).
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