South America

Ports in the Argentinean province of Buenos Aires will not be privatised, Marcelo Lobbosco, heads of the ports department, has said.

Chiles Foreign Minister used his Twitter account to confirm that construction will now go ahead of a new deep water port at San Antonio, in Valparaísos southern zone. The announcement co-incided with…

Political instability, difficulties in securing finance and legal uncertainty resulting from changes to regulatory frameworks have combined to deter potential foreign investors to Brazilian infrastructure projects, according to Fernando Marcondes, partner at…

Guatemala’s Auditor General, Carlos Mencos, has filed a criminal complaint in respect of 19 contracts that are in force in the Port of Quetzal (EPQ) on the grounds that they transfer public…

In Brazil, Wellington Moreira Franco, the minister responsible for the country’s port concession programme, has asked for patience in respect of difficulties that have emerged in implementation.

Otto Bottger, DP Worlds commercial manager for the South American west coast and future director of the Posorja container terminal, has confirmed that the operator is to invest $1.2bn in its latest…

A request by Contecon, the ICTSI company which operates the container terminal at the port of Libertador Simón Bolívar de Guayaquil, to have DP Worlds Posorja concession suspended as a precautionary measure…

ICTSIs Guayaquil subsidiary, Contecon, has filed a claim against DP World and Dubai World Corp to Ecuadors Antitrust Agency, the Superintendent of Market Control (SCPM), for uncompetitive and monopoly practices in respect…

Guatemalas Presidential Commissioner, Enrique Godoy, revealed at a recent press conference that the government has sent around 30 contracts to the countrys Attorney General in respect of allegations of possible corruption surrounding…

Interpol is seeking the whereabouts of Spanish businessman Ángel Pérez-Maura for allegedly paying bribes of $24m in respect of a port concession in Guatemala.

The previous announcement by Ecuadors president Rafael Correa that the Chilean company Agunsa would be awarded a concession to operate the expanded port of Manta now seems to have been a little…

Brazils Ports Minister, Helder Barbalho, has resigned from the government of President Dilma Rousseff, who is currently under threat of impeachment.

Brazils House of Representatives is analysing draft legislation put forward that would introduce a new Port Infrastructure Investment Fund. The proposal aims to fund at least 50% of the infrastructure linked to…

Panama Canal minister, Roberto Roy, recently highlighted the need for a new port on the Pacific coast in order to maintain Panamas logistics competitiveness.

The government of Venezuela has announced that it is to invest $60m in its ports via the National Integrated Customs and Exercise Administration (Seniat) and national ports company, Bolivariana de Puertos (Bolipuertos).

Ecuadors Overseas Trade Minister, Diego Aulestia, recently travelled to the Brazilian state of Amazonas to consolidate a trade corridor linking the port of Manta with Brazils port of Manaus.

The Ecuadorian president Rafael Correa has confirmed that a memorandum of understanding has been signed with the Turkish terminal operating group Yildrim to implement a new terminal at Puerto Bolívar. The MoU…

In Nicaragua, the National Port Company (EPN) is planning to build a new terminal at Bilwi, Puerto Cabezas, to accommodate cargo from the north of the country that is currently handled by…