South America

China Merchants Port Holdings (CMPort) is set to acquire a 90% stake in Terminal de Contêineres de Paranaguá (TCP) from the Brazilian terminal’s founding shareholders and global private equity company Advent International.

According to the Argentinean Ports Directorate (AGP), the design of the new Buenos Aires port is ready, although will not yet be made public.

Recently released figures from the Economic Commission for Latin America and the Caribbean (CEPAL) show that regional ports boosted container traffic by 6.7% in the first quarter of 2017.

Nicaragua’s Official Investment Agency ProNicaragua has held talks with Japan’s Mitsui regarding possible funding of port projects.

TEKSO, which specialises in the capture and transmission of data, has designed and implemented a solution for the Chilean Port of Lirquén, allowing it to communicate with its clients and workers in…

It has been estimated that the reduction of operational draft at the Port of Santos could be costing shipping companies in the region of $35m per week.

Congestion at the Mexican Port of Veracruz has now become so bad that some consignments are being diverted to other domestic ports, claims Leobardo Saldívar, president of the National Chamber of Cargo…

Alexander Aizenstatd, the interventor appointed by Guatemala’s Extinción de Dominio Court to oversee Terminal de Contenedores Quetzal (TCQ), has confirmed that, during his time there, no further complaints or legal action had…

In Mexico, Veracruz port authority (API) has issued a tender for the construction and operation of a new terminal in the port’s expansion area in Vergara Bay. This replaces an earlier tender…

The latest port ranking table published by the Economic Commission for Latin America and the Caribbean (CEPAL) shows that container traffic in 2016 dropped by 0.9%, reinforcing the overall negative trend in…

If demand warrants it, the Panama Canal could be further extended before 2025, according to Canal administrator, Jorge Quijano.

All work has ceased on the construction of Terminal Portuário de Outeiro, in the city of Belém, in the Brazilian state of Pará.

Specialists in the Brazilian ports sector believe that the latest set of political corruption scandals could undermine recent changes to ports legislation that seeks to modernise the industry and speed up investment.