South America – Page 41
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Coquimbo privatisation out of favour
A $40m tender has been issued for the privatisation of the Chilean port of Coquimbo, but the process has already drawn criticism from port workers who complain that the government has reneged on earlier promises to include them in the process.
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World Cup spurs Brazilian port investment
Brazilian ports are to receive $449m for upgrades in time for the Fifa World Cup, a modest sum in comparison to investment being made in national airports.
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Four new ports earmarked for Brazil
Brazil is planning to build four new ports at Manaus, at Sul in Bahia state, in Espírito Santo state - where a deepwater port is planned - and a new multipurpose terminal at Vila do Conde in Pará state.
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Co-operation reigns in South America
As a means of expanding volumes, while at the same time reducing costs, the Brazilian port of Rio Grande is to sign cooperation agreements with terminals in Montevideo and Buenos Aires.
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Peru confirms DPW Callao lawsuit
The Peruvian Ministry of Transport and Communications has confirmed that DP World is taking legal action for alleged unfair competition linked to the North Terminal concession at its port of Callao.
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Strikes cripple Pecém
Recent strikes at the port of Pecém resulted in losses of up to $160,000 for every 12 hours of working day lost, according to port authority CearáPortos. It also calculates that docked vessels were accumulating losses of $32,000 every day they stood idle.
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Santos remodelling under discussion
Santos port authority, Codesp, and representatives from the governing body of Brazilian ports, Antaq, recently came together as part of a working group to look into ways of re-modelling Santos to enable it to handle more cabotage containers.
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Strikes disrupt Chilean ports
Month long strikes by dockworkers at the Chilean ports of Lirquén and Iquique have cost millions in lost cargo handling revenue.
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No second Montevideo box terminal
The government of Uruguay has decided not to go ahead with a second container terminal at the port of Montevideo. The tender for the facility was cancelled a year ago and in its place, a new port at Puntas de Sayago, to the east of Montevideo, is being considered for ...
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Venezuela hikes port charges
Ports in Venezuela introduced a series of new port taxes in June, some with a 300% hike.
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Multi-purpose terminal for Mazatlán
The Mexican port of Mazatlán has issued a tender for a multipurpose terminal as a means of boosting throughput at the port, which fell by 6.2% in the first four months of this year.
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CVRD in Santos joint venture
CVRD has formed a joint venture with Vale Fertilizantes to operate the Ultrafertil concession in the port of Santos.
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Callao authorities still onboard says APMT
APM Terminals has rebuffed rumours that there may be friction between the incoming government and its own new operation at Callao, saying there is a “tight” and positive embrace between the two.
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Harvest collapses Paranaguá
During Brazil''s recent cereals harvest, the queue of trucks heading into the port of Paranaguá averaged around 17 km in length. At one point, it had extended to 25 km, according to the Ecovia concessionaire.
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APMT's Callao North concession under scrutiny
The incoming Peruvian government has warned that the existing contract with APM Terminals at its new Callao North Terminal could be renegotiated if it deems that any clauses are not in the interests of the country.
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Investors edgy about emerging nation ventures
While acknowledging the investment potential of the BRIC nations, investors remain nervous about committing cash to port development in emerging markets, according to new research from international built asset consultancy, EC Harris.
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Brazil opens public-private door
The Brazilian government has announced plans to award a concession during the second half of the year for the country''s first public terminal to be built by the private sector.
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MMX to undertake IPO
Brazil''s Securities Commission has given the MMX mining company authorisation to undertake an initial public offering to acquire PortX, which owns the assets of the so-called Sudeste super port. PortX was created by the partial break up of LLX, which is the logistics subsidiary of EBX. In total, the IPO ...
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Costa Rica development gets green light
Construction of the contested new container terminal in Costa Rica’s Limón province has been pegged for an early 2013 start.
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Peru concession awarded
The Yurimaguas consortium has been awarded a concession to build and manage a new port in the Loreto region of Peru.