North America – Page 66
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Extension to Arica port concession
Modifications have been made to the concession awarded by Arica port authority to TPA to reflect investment of $25m it must make in new anti-seismic technology.
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Deutsche Bank buys assets in New York
Deutsche Bank group company RREEF has been granted permission to acquire Maher Terminals by the Port Authority of New York-New Jersey.
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Uruguay upgrading river port traffic...
Uruguay plans to spend $160m over the next five years on reactivating trade at the ports of Salto and Paysandú, as well as upgrading facilities at Montevideo, Fray Bentos and Colonia.
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San Antonio seeks to expand
Attempts by the Chilean port of San Antonio to expand into an adjacent 88.6 hectare area are being opposed by many in the city, as it would mean the destruction of the park that currently occupies the site.
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Goldman Sachs buys into SSA Marine
Goldman Sachs has acquired a 49% stake in SSA Marine, although it is not known how much was paid for the shares.
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NewsPanama Canal expansion contracts awarded
The $5.25bn extension of the Panama Canal will be undertaken through the placing of eight contracts.
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Three ways discussed of privatising El Salvador's ports
El Salvador''s National Port Authority is looking into three possible methods of awarding concessions at the ports of La Unión and Acajutla.
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Suape gets greener
The Brazilian Port and industrial complex at Suape is to invest $9.84m in environmental projects up to 2010. These will be funded through the sale of land in the industrial area.
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Colombia woos private investors
Private investors are being the opportunity to commit cash to three new port projects in Colombia.
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El Salvador port privatisation overhaul
The Autonomous Port Executive Commission of El Salvador is seeking private sector investors to take over management of its ports.
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Brazil favours port investment
Brazil is to extend until 2010 its so-called Reporto tax incentive to enable ports and terminals to purchase equipment, as well as modernising and expanding infrastructure.
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ENAPU needs private sector cash
Peru''s National Ports Authority (Enapu) has come under fire for its decision to court private sector finance for the upgrading of Quay 5 at the Port of Callao.
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Peruvian port progress
Peru is undergoing a spate of new ports building as its trade with the rest of the world mushrooms.
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NewsPort outlet mooted for land-locked Bolivians
Evo Morales, President of Bolivia and his opposite number, Michelle Bachelet of Chile have opened the door to the construction of a Bolivian port on the Chilean coast, according to local sources.
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NewsStealth tax threat to US west coast ports
A controversial revenue-generating port bill appears to be on the home stretch in the California legislative process, lacking only the final seal from state governor Arnold Schwarzenegger.
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Dredging dearth undermines Brazilian harvest
The legislative assembly of the Brazilian state of Paraná has been told that if dredging work on the access channel at the Port of Paranagua is not completed rapidly, it will seriously prejudice the state''s ability to export both this year''s and next year''s harvests.
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Farfán back in the courts
The proposed new Panamanian Port of Farfán is once again the subject of a new legal challenge.
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Prince lures potash
Prince Rupert port has won favour with potash specialist Canpotex as the site for a new West Coast potash terminal.
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NewsPanama targets canal traffic
Panama Port Authority is aiming to boost its logistics provision to enable national ports to operate as international hubs.
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Colombian concession extensions
The operators of the Colombian ports of Buenaventura, Santa Marta and Baranquilla have each been given a 20-year concession extension. In exchange, Buenaventura will have to invest $450m in upgrading its facilities, Santa Marta $128m and Baranquilla $178.
