South America – Page 22
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NewsJudges give green light to Corozal
Panama’s Supreme Court has thrown out a motion put forward by Panama Ports Company (PPC) that the tender for the Port of Corozal infringes guarantees set out in the country’s constitution.
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NewsBuenos Aires to tender two box terminals
The Port of Buenos Aires is planning to issue two tenders for new container terminals in the first few months of 2017 as a result of a major shake-up of the port’s installations.
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Eten port to be privately funded
Advisor to Peru’s Ministry of Transport & Communications, Mario Arbulú Miranda, has mooted the idea of private investment to build the proposed Terminal Marítimo at Eten port.
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Panama needs better logistics, not new ports
There is no need for Panama to increase its existing port capacity, director of Panama Ports, Paul Wallace has said.
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Peru governor supports new deep water port
In Peru, the governor of Tacna province, Omar Jiménez, is backing a new megaport project.
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New Brazilian infrastructure fund emerges
The Latin American Development Bank, known previously as the Andean Development Corporation (CAF), and BNP Paribas Asset Management Brasil have agreed to constitute an infrastructure investment fund.
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DP World seeks BA terminal renewals
DP World has officially requested permission to renew the terminal concessions the company operates in the Port of Buenos Aires. Currently, it operates in terminals 1, 2 and 3, which have a combined area of 430,000 square metres. These were acquired from P&O Ports almost a decade ago.
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Posadas and Santa Ana seek operators
Argentina’s Posadas and Santa Ana Port Authority (EAPPSA) has asked for expressions of interest from companies willing to operate installations at the ports of Posadas and Santa Ana. A future contract will cover operations, warehousing and vessel handling, and eventually passenger operations at Posadas.
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NewsNo bids for El Salvador’s La Unión
No bids were received for a possible concession to operate the Port of La Unión in El Salvador, meaning a public-private partnership contract for the port is now extremely unlikely.
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Latin America needs $50bn in port investment
The Corporación Andina de Fomento (CAF), Latin America’s Development Bank, says that existing port infrastructure in the region is inadequate and the lack of new investment will become a real problem as of 2020.
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NewsBNP Paribas eyes Brazilian infrastructure projects
In Brazil, French investment bank BNP Paribas is to receive a new capital injection to allow it to finance the latest round of infrastructure projects in the country.
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Brazil amend ports legislation
The Brazilian government is to make changes to port regulations some three years after the new Ports Law was approved in order to attract $7.2bn of new investment. This will speed up the tender process and reduce unwanted government interference.
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NewsPort of Mariel’s US transhipment potential
Opportunities for the port of Mariel to capture US transhipment volumes have significantly improved since the US government lifted a ban restricting foreign vessels from calling at US ports within six months of calling at Cuba.
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Finally, a bid for Manta port concession
Against all expectations, the Chilean company Agunsa has entered a bid, involving $175m of investment, for the concession to operate Ecuador’s port of Manta.
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Engineering suspended at Suape pending investigation
The Accounts Tribunal of the Brazilian state of Pernambuco (TCE) has stepped in to halt a project to rebuild and reinforce the breakwater at the Port of Suape at a cost of $156m. The contract was due to be carried out by Infinito Engenharia Ltda.
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NewsPanama Canal issues request for proposals
The Panama Canal Authority has issued a Request for Proposals (RFP) to four pre-qualified port operators selected to compete for the concession to design, develop, finance, construct, operate and maintain Corozal Container Terminal, located in the Pacific entrance of the Panama Canal.
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Manta concession loses only bidder
Walter Solís has been forced to quit his job as Ecuador’s Minister of Transport and Public Works following his strategic error in extending the bidding process for the Port of Manta by a further 60 days.
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Budget squeeze hits Mexican ports
It appears that, of the 13 ongoing port projects in Mexico, 11 are at risk of having no continuity funding available to them in the 2017 federal budget.
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NewsReality check
Bigger ships are now a reality for West Coast South America ports. Alex Hughes reports
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Disquiet over Manta concession emerges
Kevin Lazo has been relieved of his post as head of Manta Port Authority (APM), in Ecuador, and replaced by Mr José Miguel García Auz.
