South America – Page 19
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NewsNew dynamics
The expanded Panama Canal is driving change in Central America. Felicity Landon reports
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Grupo Argos sells Compas share
Grupo Argos has announced that it has sold its 50% share in port operator Compañía de Puertos Asociados (Compas) to an investment fund managed by Goldman Sachs for around $136m, Reuters has reported.
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NewsDelays at KFT due to existing operational system
Delays at KINGSTON Freeport Terminal following an operating system switchover were allegedly caused by existing issues.
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Latin America box traffic reverses declines
Recently released figures from the Economic Commission for Latin America and the Caribbean (CEPAL) show that regional ports boosted container traffic by 6.7% in the first quarter of 2017.
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NewsPeru laments cost of box handling
Handling containers in Peru is overly expensive, according to the Lima Chamber of Commerce (CCL).
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Mitsui moots Nicaragua ports investment
Nicaragua’s Official Investment Agency ProNicaragua has held talks with Japan’s Mitsui regarding possible funding of port projects.
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New information highway at Lirquén port
TEKSO, which specialises in the capture and transmission of data, has designed and implemented a solution for the Chilean Port of Lirquén, allowing it to communicate with its clients and workers in real time.
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Santos draft restrictions cost $35m per week
It has been estimated that the reduction of operational draft at the Port of Santos could be costing shipping companies in the region of $35m per week.
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Compas Port concession modified
The Colombian government’s National Infrastructure Agency has given the green light for modifications to be undertaken to the concession agreement for Compas Port, in which a total of $93m will be invested.
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APMT proposes Callao design amendment
Javier Lancha, the managing director of APM Terminals Callao, has confirmed that the company put forward in March proposals to modify its existing concession contract, which currently prioritises containerised cargo.
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Veracruz stretched to over-capacity
Congestion at the Mexican Port of Veracruz has now become so bad that some consignments are being diverted to other domestic ports, claims Leobardo Saldívar, president of the National Chamber of Cargo Carriers (Canacar).
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TCP fined again; second box terminal mooted
In Uruguay, the National Ports Administration (ANP) has fined Terminal Cuenca del Plata (TCP) for failing to handle an agreed minimum number of containers between July 2016 and June 2017. It has therefore had to pay a total of $950,000. In June 2016, it had previously been fined $358,000.
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Legal intervention over at TCQ
Alexander Aizenstatd, the interventor appointed by Guatemala’s Extinción de Dominio Court to oversee Terminal de Contenedores Quetzal (TCQ), has confirmed that, during his time there, no further complaints or legal action had been brought and that his job is now ended.
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Construction defects put back Moín opening
APM Terminals has put back until June 2018 the opening of its Moín container terminal, in Limón, Costa Rica.
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NewsGE completes Tiplam engineering
An engineering, supply and commissioning project for Brazil’s Port of Santos has resulted in improved cargo loading, discharging and stowing efficiency.
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New Veracruz terminal tender
In Mexico, Veracruz port authority (API) has issued a tender for the construction and operation of a new terminal in the port’s expansion area in Vergara Bay. This replaces an earlier tender that had to be withdrawn upon the insistence of the competition authority (Cofece).
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Latin American box traffic in decline
The latest port ranking table published by the Economic Commission for Latin America and the Caribbean (CEPAL) shows that container traffic in 2016 dropped by 0.9%, reinforcing the overall negative trend in recent years.
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Further Panama Canal extension mooted
If demand warrants it, the Panama Canal could be further extended before 2025, according to Canal administrator, Jorge Quijano.
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NewsBrazil announces new infrastructure investment plan
The Brazilian government is putting together a new infrastructure investment plan – Advance – to replace the Accelerated Growth Programme, first introduced in 2007. This latest initiative has been motivated by the 1% growth in GDP recorded in the first quarter of this year.
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Outeiro construction mothballed
All work has ceased on the construction of Terminal Portuário de Outeiro, in the city of Belém, in the Brazilian state of Pará.
