South America – Page 41
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Strikes disrupt Chilean ports
Month long strikes by dockworkers at the Chilean ports of Lirquén and Iquique have cost millions in lost cargo handling revenue.
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No second Montevideo box terminal
The government of Uruguay has decided not to go ahead with a second container terminal at the port of Montevideo. The tender for the facility was cancelled a year ago and in its place, a new port at Puntas de Sayago, to the east of Montevideo, is being considered for ...
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Venezuela hikes port charges
Ports in Venezuela introduced a series of new port taxes in June, some with a 300% hike.
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Multi-purpose terminal for Mazatlán
The Mexican port of Mazatlán has issued a tender for a multipurpose terminal as a means of boosting throughput at the port, which fell by 6.2% in the first four months of this year.
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CVRD in Santos joint venture
CVRD has formed a joint venture with Vale Fertilizantes to operate the Ultrafertil concession in the port of Santos.
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Callao authorities still onboard says APMT
APM Terminals has rebuffed rumours that there may be friction between the incoming government and its own new operation at Callao, saying there is a “tight” and positive embrace between the two.
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Harvest collapses Paranaguá
During Brazil''s recent cereals harvest, the queue of trucks heading into the port of Paranaguá averaged around 17 km in length. At one point, it had extended to 25 km, according to the Ecovia concessionaire.
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APMT's Callao North concession under scrutiny
The incoming Peruvian government has warned that the existing contract with APM Terminals at its new Callao North Terminal could be renegotiated if it deems that any clauses are not in the interests of the country.
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Investors edgy about emerging nation ventures
While acknowledging the investment potential of the BRIC nations, investors remain nervous about committing cash to port development in emerging markets, according to new research from international built asset consultancy, EC Harris.
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Brazil opens public-private door
The Brazilian government has announced plans to award a concession during the second half of the year for the country''s first public terminal to be built by the private sector.
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MMX to undertake IPO
Brazil''s Securities Commission has given the MMX mining company authorisation to undertake an initial public offering to acquire PortX, which owns the assets of the so-called Sudeste super port. PortX was created by the partial break up of LLX, which is the logistics subsidiary of EBX. In total, the IPO ...
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Costa Rica development gets green light
Construction of the contested new container terminal in Costa Rica’s Limón province has been pegged for an early 2013 start.
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Peru concession awarded
The Yurimaguas consortium has been awarded a concession to build and manage a new port in the Loreto region of Peru.
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Panamanian ports head Latin America league
The Panamanian ports of Colón and Balboa have topped Cepal’s latest league table of Latin American ports, respectively handling 2.81m teu and 2.75m teu.
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Rio Grande ordered to re-tender contract
A court has told the port of Rio Grande that it must re-issue a tender in respect of emergency environmental services within the next six months, or the contract granted to the current provider, Ecosorb, will be suspended.
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Protests stall Açu port construction
Construction work on the new Açu port being promoted by LLX was interrupted twice in March and April.
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Valparaiso tender dead in the water
The controversial concession for Valparaiso’s new Terminal 2 has stalled after the bid deadline passed without any offers.
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World Bank part funds Santos expansion
A subsidiary of the International Finance Corporation is to provide a long-term loan of $97m to finance expansion of container handling facilities at the port of Santos, in a project that will cost a total of $907m.
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Chilean ports invest for the future
An estimated annual growth rate of 8% has prompted Chilean ports to announce a series of investments to cater for demand.
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Abandoned port calls double in Brazil
Excessive waiting times at Brazil''s 17 leading ports resulted in 850 cancellations of shipping line calls in 2010, compared with just 457 cancellations the previous year.