North America

A weak dollar and increasing water levels on the Paraguay River have resulted in its ports becoming increasingly congested in recent months.

Modernisation of the Peruvian port of Paita will require investment of approximately $290m, while similar work at Pisco will involve $100m. Both ports are due to be transferred to private operators between…

California-based Nautilus International, which controls Metropolitan Stevedore and Metro Cruise Services among others, recently announced its purchase of the Savannah International Terminal (SIT).

The Argentinian state of Corrientes is to build five new ports as part of its Strategic Territorial Plan Argentina Bicentennial. These will be located at Ituzaingó , Itá Ibaté , Bella Vista,…

Investors from the United Arab Emirates have expressed an interest in investing in ports in the Brazilian state of Rio Grande do Sul as a means of accessing agricultural products produced there.…

Santos Brasil has been awarded a 25-year concession to operate a container terminal in the port of Imbituba in Santa Catarina state, for which the company will pay $72m. Capacity will be…

A tender covering operation of the container terminal at the port of Manzanillo, Mexico, will be issued in June. This will also involve expansion of capacity at the terminal to 4.5m teu.

The Chilean port of Coronel is to raise $20m of new capital for the construction of a second quay and also to finance other investments. The port, which is Chiles main outlet…