South America

Senator Roberto Cavalcanti has publicly stated that private investment from both home and abroad is needed to reduce the existing port infrastructure bottleneck in Brazil, especially since 80% of Brazilian exports depends…

More than $4.89bn is due to be invested in new Brazilian ports over the next four years, which is a rise of approximately 200%. Around 64% of the investment will be in…

The Colombian port of Buenaventura has warned it will become less competitive if it is not given the go-ahead to deepen the draught in its access channel.

Controversy continues in Brazil regarding privately-owned terminals handling third-party traffic.

The Brazilian government is to extend several concession contracts for terminal operators at Brazilian ports, despite the 1993 Ports Law requiring a tender to be issued in each case.

APM Terminals has put forward an investment plan for the development of the North Quay at the Peruvian Port of Callao.

Antaq, the Brazilian state organisation overseeing port development, has authorised new tenders for terminals at both Santos and Imbituba.

The Brazilian government is promising to issue a series of port tenders towards the end of April.

Ports in Brazil are due to receive $1.72bn over the next few years as part of Brazils Accelerated Growth Plan (PAC).