Several world regions seem to have planned much more container terminal capacity than needed for the coming decades.
AAPA’s Latin American/Caribbean Management Conference to Explore Port Alliances, Development, Productivity
19 Feb 2016
Brazilian chicken exporters are making the most of a cheap and devalued currency to boost worldwide sales by attending a number of food and beverage expositions with a view to increasing exports by more than 10 percent by the end of this year, according to industry association ABPA.
18 Feb 2016
The election of Mauricio Macri as president of Argentina could see the the long-diminished Mercosur trading bloc once again become a serious force and help its members forge successful trade pacts with the EU and the North American Free Trade Agreement member nations, and possibly even its west coast of South America rival, the Pacific Alliance.
17 Feb 2016
Brazil seems to have most things in place for the new Safety of Life at Sea, or SOLAS, container weight mandate of the International Maritime Organization, according to several terminal managers and trade and maritime commentators in the South American country.
09 Feb 2016
A 10 percent increase in traffic at Itapoá port to 512,000 twenty-foot-equivalent units driven by a 25 percent surge in chicken exports to 41,200 containers in 2015 has left Itapoá in dire need of new equipment and more capacity.
03 Feb 2016
Although overall export revenues for Brazilian shoes fell 10 percent last year, to $960.4 million, sales during the last month of December ended on a high and rocketed 60 percent from November, to $119.57 million, raising the sector’s expectations for this year, according to Heitor Klein, the chief executive of Abicalçados, the Brazilian Association of Footwear Manufacturers.
27 Jan 2016
Localfrio Logistica, owner of the container storage facility at the Port of Santos where a fire recently broke out and temporarily closed a container terminal, has been hit with fines totaling 10.149 million reais ($2.51 million).
26 Jan 2016
Maersk Line had added a new service from Latin America to Europe and a new call on an existing service in the trade lane in an effort to tap one of the areas where container lines can still gain steadily profitable business: reefer cargo.
23 Jan 2016
The owner of a container terminal in Brazil plans to pick the top three bidders in the first week of February and request firm offers after receiving 10 non-binding proposals.
21 Jan 2016
APM Terminals has finalized an agreement to establish a joint venture that will invest over $200 million in upgrading and expanding a container terminal in Cartagena, Colombia’s largest port.
20 Jan 2016
Two of three of the most important Brazilian port deepening projects are advancing, paving the way for container lines to eventually bring the larger vessels that will soon to be able to traverse the larger Panama Canal locks to the ports of Rio de Janeiro and Recife.