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PANYNJ to tackle Bayonne Bridge restriction
17 Apr 2008
The Port Authority of New York and New Jersey (PANYNJ) Board has authorised up to $300,000 for a study of the restrictive 151 ft air draft of the Bayonne Bridge and how that might hinder future trade growth.
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Nautilus prospects for Savannah terminal
24 May 2008
California-based Nautilus International, which controls Metropolitan Stevedore and Metro Cruise Services among others, recently announced its purchase of the Savannah International Terminal (SIT).
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US and Chinese sisters in trade
20 May 2008
The North American port city of Tacoma recently announced the launch of a joint trade project with its Chinese sister-city.
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Salvador tarred as Brazil’s ‘least efficient’ port
30 Apr 2008
Truck turnaround times averaging in excess of six hours at the Brazilian port of Salvador allow it to claim the ‘title’ of the country's least efficient port.
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ISPS code doubts at Paranaguá
06 May 2008
Questions are being raised as to whether the Brazilian port of Paranaguá is abiding by security measures contained within the International Ship and Port Facility Security Code.
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Brazilian law shift to cripple concessioning efforts
24 Apr 2008
Existing concessionaires in Brazilian ports are alarmed by plans government to change current legislation governing the construction of private ports.
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Investment boom for Central America
16 May 2008
Central American ports plan to invest more than $1bn on modernisation to cash in on the expansion of the Panama Canal and to capitalise on new trade agreements signed with Europe and the US.
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Paraguay ports clogged
27 May 2008
A weak dollar and increasing water levels on the Paraguay River have resulted in its ports becoming increasingly congested in recent months.
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Privatisation backlash sweeps through Chile
30 Apr 2008
Shipping agents and port workers in Chile have stoutly rejected any new port privatisations in the country.
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Monopoly concerns in Ecuador
12 May 2008
The Association of Ecuador's Private Port Operators has asked the government to avoid creating monopolies.
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Farfán tender withdrawn
10 May 2008
The Panama Maritime Authority has voided the tender issued in respect of the new $500m Farfán mega-port on its Pacific coast. The project will now be taken forward by a consortium consisting of Cosco Pacific and MTC Holdings following direct negotiations with the Panama government.
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New Manzanillo terminal
15 May 2008
A tender covering operation of the container terminal at the port of Manzanillo, Mexico, will be issued in June. This will also involve expansion of capacity at the terminal to 4.5m teu.
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Paita and Pisco modernisation
25 May 2008
Modernisation of the Peruvian port of Paita will require investment of approximately $290m, while similar work at Pisco will involve $100m. Both ports are due to be transferred to private operators between July and September this year.
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Second quay for Coronel
12 May 2008
The Chilean port of Coronel is to raise $20m of new capital for the construction of a second quay and also to finance other investments. The port, which is Chile's main outlet for forestry traffic, needs the extra three berths to boost cargo to 3.5m tonnes.
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Five new Corrientes ports
23 May 2008
The Argentinian state of Corrientes is to build five new ports as part of its Strategic Territorial Plan "Argentina Bicentennial". These will be located at Ituzaingó, Itá Ibaté, Bella Vista, General Alvear and Gloria Goya.
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IADB loans Montevideo $40m
26 May 2008
The Interamerican Development Bank is to make available a loan of $40m for the construction of new 300-metre Quay C at the port of Montevideo. The reclaimed quay will have 4,000 sq m of backup land and alongside draught of 14 metres.
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Brazilian hub plan
21 May 2008
LLX has announced plans to build a ‘Porto Brasil’ hub facility on Brazil's east coast, occupying some 3km of coastline around Peruíbe with a capacity of 15m tonnes/year. Investment would be in the order of $3.6bn.
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Rio Grande interest
18 May 2008
Investors from the United Arab Emirates have expressed an interest in investing in ports in the Brazilian state of Rio Grande do Sul as a means of accessing agricultural products produced there. Abu Dhabi, for example, is currently targeting up to 200,000 tonnes of rice, which will be exported via the port of Rio Grande.
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PANYNJ aims for 2010 carbon neutral deadline
30 Jul 2008
The Port Authority of New York & New Jersey (PANYNJ) has announced a goal of carbon neutrality from its operations by 2010.
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Manaus terminal project
28 May 2008
Lajes Logística, a joint-venture between two Brazilian companies, is to build a new container terminal at the port of Manaus. It will occupy a 600,000m2 area and cost $118m to implement. Initial capacity will be 250,000 teu.
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Belém CMA CGM hub
19 May 2008
CMA CGM is seeking to build a terminal in the Brazilian port of Belém, a process that it began three years ago on the back of 28% increase in business in the region. APM terminals, which recently acquired a stake in Ceara Terminal Operator - the major stevedoring company in Belém - also wants to create a hub facility in the port.
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Tecondi ups capacity
13 May 2008
The Tecondi container terminal at the port of Santos in Brazil plans to increase capacity by 180% to 700,000 teu, which is equivalent to 29% of all containers handled at the port of Santos in 2006. This will require investment of $102m.
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Santos Imbituba move
16 May 2008
Santos Brasil has been awarded a 25-year concession to operate a container terminal in the port of Imbituba in Santa Catarina state, for which the company will pay $72m. Capacity will be 950,000 teu/year, with investment of $170m earmarked.
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