NORTH AMERICA

SAN ANTONIO

21 years ago

Sudamericana Agencias Aereas y Maritimas (SAAM) has been given permission to raise its stakeholding in Chiles San Antonio Terminal Internacional (STI) from 40% to 60%. SAAM acquired an initial 39.99% stake when the concession on Molo Sur was first awarded in 2000.

This will be located close to the mouth of the Panama Canal, adjacent to the former US Howard airbase.

An initial limitation was imposed to prevent a conflict of interest, given that SAAM is a subsidiary of the Compania Sud Americana de Vapores shipping line, a major client at the terminal.