South America – Page 18
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China Merchants given go-ahead to buy TCP Participações
In Brazil, the competition authority Conselho Administrativo de Defesa Econômica (CADE) - the Administrative Council for Economic Defense - has given its unrestricted approval to the purchase by China Merchants Port Holdings (CMPH) of port operator TCP Participações. The announcement was made in the Official State News Publication.
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Brazil’s largest operator is reconsidering Imbituba assets
Brazil''s largest terminal operator is reconsidering its assets at the Port of Imbituba with a possibility they could be sold off.
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Euroamerica to open third terminal
Argentinian terminal operator Euroamerica SA, which has two port and logistics terminals in Campana, is to open a third: Terminal III Tajiber. The 280ha facility will require investment of $500m, of which $110m has already been allocated.
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Colombia studying 17 port projects
The government in Colombia is undertaking a study for the development of terminals across 17 ports, distributed between the country’s Caribbean and Pacific coasts. These are seen as medium-term projects and their establishment would help upgrade existing logistics provision in the country.
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Lobito port privatises terminal operations
In Angola, Soportos has taken over management of the minerals terminal, while Sogester (a consortium consisting of APM Terminals and local partners) has won the concession for the container terminal and dry dock at the Port of Lobito. In all cases, concessions have been awarded for 25 years, the length ...
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Puerto Rico begins recovery after hurricane
Omar Marrero, director of Puerto Rico Ports Authority, has said that things are slowly getting back to normal following recent hurricane damage.
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MSC negotiates Montevideo stake
At the Port of Montevideo, in Uruguay, talks are reported to be under way between MSC and Katoen Natie with a view to the acquisition by the former of a majority stake in the latter’s box handling facility, Terminal Cuenca del Plata (TCP).
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Santos box contract under investigation
In Brazil, the Federal Public Ministry (MPF) is reportedly investigating irregularities in the concession of the box terminal operated by Santos Brasil at Guarujá, on the left bank of the Port of Santos.
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Camco awarded DP World Callao gate automation project
Camco Technologies has been awarded the design, installation and commissioning of a gate automation system at DP World Callao.
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SSA investment boosts traffic in Mexico
SSA Mexico has confirmed that it has ongoing investment of $562m in its container, cruise, general cargo and automotive terminals in Mexico.
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No further port bureaucracy needed in Chile
Daniel Fernández, president of Chile’s Port and Maritime Chamber (Camport), has rejected the idea of creating an Under-secretariat of Ports to oversee issues impacting on the sector.
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Centralisation cannot solve Santos bottlenecks
The mayor of Santos has partially blamed the centralisation of port management for the excessive number of bottlenecks at the Port of Santos. Paulo Alexandre Barbosa has therefore again asked for decision-making at the port to be decentralised.
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Minister: Argentina must consolidate ports
The Under Secretary of Port and Inland Waterways of Argentina’s Ministry of Transport has stressed the need to consolidate ports in the country to both boost tourism and regional economies.
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$1bn injection into Rosario’s ports
Argentina’s Minister of Transport, Guillermo Dietrich, has welcomed favourable government tax policies that have been responsible for a raft of new investment in ports in the Rosario Metropolitan area, which currently handles around 80% of trans-Andean agricultural output.
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Cuba to upgrade Nuevitas/Tarafa port
The Cuban government is to spend $40m on developing the Port of Nuevitas into one of its largest capacity facilities and to make it the second leading port in the country. It currently handles just 250,000 tonnes annually.
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CMPort to acquire 90% of TCP
China Merchants Port Holdings (CMPort) is set to acquire a 90% stake in Terminal de Contêineres de Paranaguá (TCP) from the Brazilian terminal’s founding shareholders and global private equity company Advent International.
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Brazil to identify 15 new terminals for concession
As part of Brazil’s second Partnership and Investment Programme (PPI), the federal government is hoping to put out to concession a further 15 port terminals, in addition to other facilities given over to transport. The aim is to attract investment of $6.2bn.
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New Buenos Aires port plan ready
According to the Argentinean Ports Directorate (AGP), the design of the new Buenos Aires port is ready, although will not yet be made public.
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Buenos Aires province boosts port competitiveness
In Argentina, representatives of the Under-secretary of Ports and Navigable Waterways of the Ministry of Transport have met with representatives of the public ports of the Province of Buenos Aires to investigate new ways of boosting the competitiveness of the sector, particularly in reducing logistics costs.