Maersk Line’s acquisition of Hamburg Sud will likely force it to sell its Brazilian flag operation Mercosul Line, which could open the door to CMA CGM or Mediterranean Shipping Co. to enter the closed Brazilian coastal shipping market.
AAPA’s Latin American/Caribbean Management Conference to Explore Port Alliances, Development, Productivity
17 Feb 2015
The Brazilian port of Santos recently handled the largest container ship in its history, the 10,900-TEU CMA CGM Tigris. But if Brazilian pilots have their way, neither it nor other big ships will be allowed to berth in Santos or other Brazilian ports.
12 Feb 2015
Brazil will release a National Export Plan early in March and it can’t come fast enough for shippers in the South American country, who were expecting it to launch this month and see it as adding to a weak currency in boosting exports
09 Feb 2015
French ocean carrier CMA CGM has introduced the biggest container ship to call at a Brazilian port as it beefs up its Asia- East Coast South America service.
06 Feb 2015
One traditional group of Brazilian exporters, chicken producers, and one new importer of components, BMW, are helping the Porto Itapoa become a strong regional container port competitor.
04 Feb 2015
Maersk Line said it has cut capacity by 10 percent on the trade between the east Coast of South America and Europe and the Mediterranean in response to the “steady decline” in market demand.
03 Feb 2015
FedEx’s growing freight forwarding and customs brokerage arm is expanding its services connecting to Latin Amer
31 Jan 2015
There is growing concern among port users and service providers in Brazil that the newly appointed Special Ports minister may not be the right man for the job: a post which entails deciding which projects – out of more than US$4 billion in proposals sitting on his desk – should get the go-ahead this year.
25 Jan 2015
With the global middle class set to grow by nearly 3 billion people by 2030, congestion threatens to choke trade and economic growth, economist Walter Kemmsies told the SMC3 2015 JumpStart conference last week.
23 Jan 2015
After five years of strength in the southbound leg, the weakening value of the real is generating strong demand for Brazilian exports.
22 Jan 2015
Brazilian container terminal operator Grupo Libra has opened a 30 million reais ($11.7 million) bonded warehouse and logistics park to serve the Port of Santos, the busiest container port in South America.