{"id":7628,"date":"2008-10-24T12:24:00","date_gmt":"2008-10-24T11:24:00","guid":{"rendered":"https:\/\/portstrategy.nfdtesting.uk\/greenport\/2008\/10\/24\/brazlian-operator-halts-investment\/"},"modified":"2008-10-24T12:24:00","modified_gmt":"2008-10-24T11:24:00","slug":"brazlian-operator-halts-investment","status":"publish","type":"post","link":"https:\/\/www.portstrategy.com\/greenport\/news\/north-america\/brazlian-operator-halts-investment\/","title":{"rendered":"Brazlian operator halts investment"},"content":{"rendered":"<p>According to capital expenditure budgets prepared for LLX, suspending the Port Brasil project decreased its total expected capital expenditures by approximately 50%, to $2bn from $3.9bn thereby abating the company&#8217;s cash outflow requirements, especially in the short term.<\/p>\n<p>It is the first time that the spreading credit-crisis has effected a port in South America.<\/p>\n<p>LLX will now focus on the ongoing construction of Port Acu and the development of Port Sudeste, with scheduled start-up in 2010 and 2011, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brazils LLX Logistica\u00a0 has decided to suspend investments in the Port Brasil\u00a0 terminal project\u00a0 in\u00a0 Peruibe municipality, Sao Paulo,\u00a0 the company said in a press release.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[53],"tags":[],"sponsor":[],"class_list":["post-7628","post","type-post","status-publish","format-standard","hentry","category-north-america"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/7628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/comments?post=7628"}],"version-history":[{"count":0,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/7628\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media?parent=7628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/categories?post=7628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/tags?post=7628"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/sponsor?post=7628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}