It is hard to believe that Venezuela’s container import business could get any worse — but it has done just that in 2016.
AAPA’s Latin American/Caribbean Management Conference to Explore Port Alliances, Development, Productivity
18 Apr 2016
The port of Paranagua, Brazil’s second-largest in tonnage terms and third-largest in container traffic, could soon have another container terminal, although some remain skeptical about the Novo Porto project with a capacity of 1.5 million twenty-foot-equivalent units and cost of 4 billion reais ($1.1 billion).
15 Apr 2016
On the back of roaring chicken exports the rapidly growing Terminal de Conteineres de Paranagua will spend $310 million to boost its capacity 1 million 20-foot equivalent units to 2.5 million TEUs after receiving a concession running through 2048. The investment will also allow the port to handle ships with capacities of up to 12,000 TEUs.
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.
12 Apr 2016
Container traffic from South America’s east coast ports to Europe has rebounded so strongly in recent months that the northbound leg is now the dominant trade on the route, according to Drewry Maritime Research.
11 Apr 2016
Rapidly expanding United Arab Shipping Company announced that it is beefing up its East Coast South America operations with a new joint venture agency in Uruguay as part of a broader strategic push in the region, fueled by expected growth in refrigerated shipments.
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.