North America – Page 63
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NewsHPH abandons Manta and $20m investment
Hutchison Port Holdings has walked away from the $525m Manta container terminal (TIDE) facility in Ecuador after investing an estimated $20m in the project.
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NewsLiebherr grows its Montreal family
Liebherr has recently completed the supply of two 16-wheel rubber tyred gantry cranes (RTGs) to Cerescorp''s Termont Terminal in Montreal, Canada. This brings the number of Liebherr cranes at the terminal to eight.
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NewsU.S. Port Infrastructure- Return of PPP
While considerable buzz surrounds potential infrastructure investment by the US Federal Government, a record-sized privatisation transaction may be in the offing, perhaps part of a broader resurgence of public-private-partnerships in the US for facilities already in operation.
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Madryn traffic down
The southern Argentinian port of Madryn has suffered significant reduction in the export of many of its core products: aluminium, fish, wool, stone and ceramics. Port workers are worried that high charges are forcing exporters to switch cargo to Santa Cruz and Deseado ports. Madryn also suffers from high labour ...
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Strong volumes from Canada's princely port
Canada''s Port of Prince Rupert sidestepped the global economic slump to record a "moderate" increase in traffic in 2008.
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New Colombian coal port planned
Glencore and nine Colombian coal mining companies are planning to build a new port in the north of the country costing $1bn and capable of exporting 60m tonnes of coal annually.
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Mexican tenders must comply with national strategic plan
The head of Ports Development and Administration in Mexico has said that tenders for new port projects, such as those in Lá zaro Cá rdenas and Manzanillo, are being revised in order to adapt them to the objectives set out in the national strategic plan.
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Buenaventura competition threat
Colombia''s Buenaventura port company expects to face difficult competition over the next two years from other Atlantic coast of ports in the same region. Santa Marta and Barranquilla pose stiff competition in terms of dry bulk, while Cartagena is the main container handling rival following major investment in equipment.
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NewsPaita concessioning
One of Peru''s leading logistics companies has confirmed its interest in the concessioning of Paita, as signals emerge of accelerated port reform.
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Cargill remains at Santos
Cargill has been given permission to continue exporting soya, millet and derivatives from its grain terminal in the port of Santos despite its concession having expired.
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Rio Tinto abandons Uruguay terminal
Rio Tinto has suspended its project to build a new iron ore port at Agraciada in Uruguay.
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Costa Rican container terminal tender issued
A total of 11 international companies are interested in the 50-year concession being offered for the construction and management of a new container terminal on Costa Rica''s Caribbean coast. The project will cost $900m, of which $600m will be for infrastructure work.
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Ecuador to amend ports law
The government of Ecuador is to make changes to the current ports legislation to set down new regulations and limits on port services undertaken by the state, with a view to allowing more concessions in the future.
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Tuxpan box terminal up for grabs
A new tender has been issued for a container and general cargo terminal at the Mexican Port of Tuxpan. This was initially issued in February last year but cancelled in November for lack of conforming bids. Investment will be in the order of $180m.
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Ten new Brazilian terminals
Brazil''s National Port Authority (Antaq) gave permission for 10 new privately-managed port terminals to be built in 2008.
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APM abandons Kingston
APM Terminals has withdrawn from the contract which allowed it to manage Kingston Container Terminal. The company took over the reins in 2001, but has decided not to renew the contract to make it easier for the government to privatise the port.
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PCA under pressure to halt rate increases
In 2008, the Panama Canal Authority registered record revenue of more than $2bn, but this was based on fewer deep draught vessels using the facility and a 1% fall in cargo traffic over 2007.
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Itajaí PA to withdraw from operations
The new superintendent of the port of Itajaí, Antonio Ayres, has revealed that the port authority is to function less as a port operator and more as a regulatory agent in the future.
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Manzanillo box tender issued
A tender has been issued for a new container terminal at the Mexican Port of Manzanillo. Investment of $763m is needed, of which approximately half will be stumped up by the state and the rest by private investors. At present, the port handles traffic of 1.4m teu, equivalent to 43.7% ...
