DP World seeks BA terminal renewals

DP World has officially requested permission to renew the terminal concessions the company operates in the Port of Buenos Aires. Currently, it operates in terminals 1, 2 and 3, which have a combined area of 430,000 square metres. These were acquired from P&O Ports almost a decade ago.

The request was made by Dubai’s Economy Minister Sultan Bin Saeed Almansoori to the Argentinian vice president Gabriela Michetti.

DP World plans to invest $200m in the three Buenos Aires terminals, whose concessions are due to expire in 2019. Nevertheless, Argentina’s president, Mauricio Macri, was to bring the renewal date forward to 2017 as a means of driving investment.

According to Ms Michetti, the concession renewal will be made by open tender, with no preferential treatment given to incumbents. She added that a possible option would be to allow DP World to continue with the investment and, at worse, leave it as a sub-contractor for the future concessionaire.

DP World Buenos Aires has invested $250m in the last 20 years and currently operates the Terminales Rio de la Plata box handling facility, with an annual throughput of 600,000 teu.

 

LATEST PRESS RELEASES

Very first installations by new SFT Spanish office

Our new office in Spain is not even a year old and we already celebrate two successfully completed i... Read more

CM Labs Expands Lineup of Port Training Solutions with ITV Simulator Training Pack

Montreal, QC, June 20, 2018 — At TOC Europe 2018 (Stand D40), CM Labs Simulations, the world leader ... Read more

Training programs further develop steel production facility

ShibataFenderTeam has a new welding supervisor for the steel fabrication at our production facility ... Read more

ShibataFenderTeam continues involvement in Surinam

Since 2012 ShibataFenderTeam fenders support the smooth berthing operations from VABI in Surinam. Read more

Enhanced Hazcheck Restrictions Portal Launched, 1 May 2018

Exis Technologies, with the support of leading shipping and freight insurers, TT Club and UK P&I Clu... Read more

Successful participation and presentation at exhibition in Beira, Mozambique

The exhibition series ‘Intermodal Africa’ organized by Transport Events is always a good possibility... Read more

View all