Concluding the final stage in its merger with Hapag-Lloyd, CSAV injected 259 million euros ($317 million) into the combined company and in doing so increased its shareholding to 34 percent in what is now the world’s fourth largest container line.
AAPA’s Latin American/Caribbean Management Conference to Explore Port Alliances, Development, Productivity
30 Sep 2014
Modern Logistics S.A. has secured funding that will help the Brazilian logistics services provider launch operations within two months, offering regional warehousing and air and ground distribution.
30 Sep 2014
Several industry associations representing private port terminals throughout Brazil and private terminal operators inside organized port areas were quick to condemn a law intended to clear up irregularities and inconsistencies in an infrastructure improvement plan.
26 Sep 2014
Hamburg Sud subsidiary Alianca Navegacao e Logistica has expanded its coverage of the east coast of South America by adding two new vessels into its Brazilian cabotage and Mercosur Gran Cabotage services.
26 Sep 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
25 Sep 2014
South American ports are struggling to keep up with explosive growth in demand. The average size of ships calling on the east coast of South America has increased 140 percent since 2006, according to Drewry Maritime Research.
18 Sep 2014
Peruvian President Ollanta Humala has toured APM Terminals Callao to view how the terminal operator’s investment of more than $750 million at the port’s North Terminal is being modernized to handle larger ships.
17 Sep 2014
The northern Chile port of Iquique plans an $80 million expansion.
16 Sep 2014
The tit-for-tat imposition of embargoes between Russia and the West has opened the door for Brazil beef exporters to significantly expand shipments to Russia in recent months, with greater growth likely in 2015.
12 Sep 2014
The Embraport container terminal in Santos this week signed a contract with Antaq, the regulatory body for waterways in Brazil, that gives it the status of a Terminal de Uso Privado, or a TUP or Private Use Terminal, making it exempt from certain labor rules.
09 Sep 2014
Brazil needs to spend almost Reias1trillion (US$447.3BN) to eliminate its many transport bottlenecks, more than double mo