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.
31 Oct 2014
Booming refrigerated shipments have given a boost to containerized operations at Brazil’s Port of Pecem, which is operated by APM Terminals.
30 Oct 2014
Russia, struggling after it enforced food embargoes on European Union countries, is ramping up its chicken imports from Brazil, registering a massive 291 percent year-over-year increase in imports of the white meat in September.
28 Oct 2014
Global Logistic Properties (GLP) has announced its second giant investment this week, pouring $138 million into a Japanese joint venture development that will be matched by long term partner Canada Pension Plan Investment Board.
28 Oct 2014
DP World boosted third quarter container volume by nine percent from a year ago as it opened new terminals at London Gateway and in Brazil.
23 Oct 2014
Brazil’s presidential runoff betweenincumbent Dilma Rousseff and Aecio Neves has important implications for efforts to put the country’s ports and maritime industry.on a more solid footing.
16 Oct 2014
Brasil Terminal Portuaria in the Port of Santos handled around 69,000 containers in the month of September, nudging ahead of long-time market leader Tecon Santos, which handled only 62,000 in September.
10 Oct 2014
Terminal de Containeres do Paranagua is the latest container terminal in Brazil set to be granted an extension to its long concession, and has therefore declared its intention to invest US$452.9 million in the facility.
10 Oct 2014
Uruguay will proceed with an ambitious plan to build a deep-sea hub port at Rocha, located about 135 miles east of Montevideo. Various sources in Brazil suggest the Brazilian government will back the Rocha port project, to the tune of $500 million, something Brazilian port associations oppose.
04 Oct 2014
After months of saying the concession bandwagon must go on, Brazil’s port minister Cesar Borges has this week stated publicly that the South American country may have to revise its model for serving up port concessions and devise a “Plan B”.
02 Oct 2014
With the navigation channel of the Brazilian port of Santos closed for 12 hours today, it’s possible that South America’s largest port will finally have a tunnel linking its eastern and western banks after more than 80 years of waiting.