After five years of strength in the southbound leg, the weakening value of the real is generating strong demand for Brazilian exports.
22 Jan 2015
Brazilian container terminal operator Grupo Libra has opened a 30 million reais ($11.7 million) bonded warehouse and logistics park to serve the Port of Santos, the busiest container port in South America.
20 Jan 2015
Trucks serving various container terminals on the left bank of the Brazilian port of Santos are expected to see shorter trips thanks to a new 3 million reais ($1.15 million) access road.
14 Jan 2015
Recent increases in throughput for the port of Santos – which handles 28 percent of all Brazil’s foreign trade and 33 percent of its containerized trade - are concealing a slump in international box movements at South America’s largest port.
09 Jan 2015
The port of Itajai risks losing future business from shipper skittishness after a protest shut the second-largest Brazilian container gateway for more than 30 hours this week.
06 Jan 2015
The Chibatao container terminal in Manaus, Brazil, plans to spend 113 million-reais ($41.9 million) to boost its annual container capacity by two-thirds to 500,000 TEUs.
31 Dec 2014
Brazil has appointed a new Minister for Ports, Edinho Araujo, in a move that is sowing dissatisfaction among the port community. He who will take over from outgoing minister Cesar Borges on Jan. 5.
29 Dec 2014
The Ecoporto Santos container terminal in Brazil is moving ahead with an expensive equipment upgrade despite not being guaranteed an extension to the company’s port concession period. This comes as competition among the Santos terminals is heating up, with handling rates eroding in 2014.
26 Dec 2014
After a year of surging sales of foodstuffs to Russia owing to economic sanctions imposed by the U.S. and European Union and retaliatory actions by Russia, Brazil is now possibly the largest supplier of food to Russia, according to the SovEcon consultancy.
22 Dec 2014
Charging that Brazil’s foreign trade is too concentrated in the Mercosur trading bloc, the Brazilian Foreign Trade Association wants Brazil to weaken its ties with Mercosur and concentrate instead on other foreign markets.
15 Dec 2014
Brazil port and health authorities carried out a simulated ebola emergency at the port of Santos last week to help improve the response to the threat the disease poses at maritime ports of entry.