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
08 Nov 2014
Brazil's port managers and unions are uniting to try to keep the country's Special Ports Ministry separate from the Ministry of Transport.
03 Nov 2014
Canceled sailings and shrinking volumes are injecting more volatility on the Asia-east coast South America trade, Drewry says.
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.
24 Oct 2014
Multiple container lines have planned general rate increases in numerous trade lanes in November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
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.
17 Oct 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
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.