Venezuela privatises ports

The government of Venezuela has signed a decree terminating concessions of all private port terminals in the country. Henceforth, these will report to state-owned companies Bolipuertos and Puertos del Litoral Central. To date, no compensation has been given to owners for the seizure of their assets.

The government of Venezuela has signed a decree terminating concessions of all private port terminals in the country. Henceforth, these will report to state-owned companies Bolipuertos and Puertos del Litoral Central. To date, no compensation has been given to owners for the seizure of their assets.