South America

The Cuban government is to spend $40m on developing the Port of Nuevitas into one of its largest capacity facilities and to make it the second leading port in the country. It…

As part of Brazil’s second Partnership and Investment Programme (PPI), the federal government is hoping to put out to concession a further 15 port terminals, in addition to other facilities given over…

In Argentina, representatives of the Under-secretary of Ports and Navigable Waterways of the Ministry of Transport have met with representatives of the public ports of the Province of Buenos Aires to investigate…

Grupo Argos has announced that it has sold its 50% share in port operator Compañía de Puertos Asociados (Compas) to an investment fund managed by Goldman Sachs for around $136m, Reuters has…

Javier Lancha, the managing director of APM Terminals Callao, has confirmed that the company put forward in March proposals to modify its existing concession contract, which currently prioritises containerised cargo.

Argentina’s central government and the regional administration in Buenos Aires are to invest $118m in ports in the Buenos Aires metropolitan region to boost their competitiveness.