The stagnant Brazilian economy and the massive injection of container capacity hurts major terminal operator.
14 Apr 2016
Brazil’s only surviving container line, Log-In Logistica, may be in deep debt, but that didn’t stop it from registering a 21.1 percent increase in Mercosur coastal and Brazilian cabotage movement during 2015.
07 Apr 2016
Maersk Line’s sister company Mercosul Line will beef up its cabotage and coastal operations along the East Coast of South America by adding a new vessel and service to help meet shipper demand for more options to Argentina.
06 Apr 2016
Brazil’s passionate Ports Minister Helder Barbalho announced that the recently delayed second tranche of port privatizations valued at more than 2.8 billion reais ($763.3 million) would go forward on June 5 at the Sao Paulo bourse.
05 Apr 2016
The already bleak situation facing the container terminals at Brazil’s port of Santos has become even more dire.
29 Mar 2016
The president of an association representing container terminal operators is confident that Brazil will be ready for the Safety of Life at Sea, or SOLAS, Verified Gross Mass rule and has established a Special Technical Group to resolve any final concerns.
28 Mar 2016
Brazil meat exporters had a week of both good and bad news as they seek new markets in Latin America to capitalize on the depreciation of the local currency, the real, which has recently buoyed the country’s beef exports.
23 Mar 2016
Embraport, one of Brazil’s newest container terminals in the Port of Santos, is looking to bring in a new partner to spread the risk of running the operation against a background of falling box volumes in Brazil, sharp falls in profitable imports, and overcapacity at Santos.
22 Mar 2016
Some 4,000 dockworkers in Santos, Brazil, South America’s top port, carried out a wildcat and possibly illegal strike and picket Monday, slowing movement at four port terminals, including the two leading container facilities in the port.
19 Mar 2016
Its economy, its currency and many of its commodity products may be tanking, but the decline has yet to ruffle the feathers of one of Brazil’s largest exports: chicken.
18 Mar 2016
Political corruption that has riveted Brazilians like a telenova and driven millions into the streets is slowing down the country’s bureaucracy and imperiling critical infrastructure projects.