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.

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.

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

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…