South America – Page 10
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NewsChinese interest in Corrientes ports
China State Construction Engineering Corporation is interested in port projects in the Argentinean province of Corrientes and has already had negotiations with governor Gustavo Valdés.
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NewsEPV to push ahead with new T2 tender
Chilean port company Empresa Portuaria Valparaíso (EPV) is determined to continue with a project to build Terminal 2 (T2) at Valparaíso to allow it to compete with San Antonio.
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NewsCosta Rica assesses four port projects
The government of Costa Rica is considering investment in four port projects and has committed $3.348m to pre-investment studies.
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More criticism of Posorja concession award
Allegations continue to build about the improper manner in which DP World was awarded the concession for the Posorja Deep Water Port Project in Ecuador.
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NewsBuenos Aires $760m tender imminent
Argentina’s Ministry of Transport has approved the specifications of an international public tender to operate the renewed Port of Buenos Aires for the next 50 years.
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Guatemala invests to eliminate port congestion
The government of Guatemala must invest $133m into its ports’ network in order to reduce congestion and improve operations at existing terminals, according to officials.
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Just one bid for box terminal concession
Santa Fe-based Mundo Construcciones has been confirmed as the only bidder for the concession to operate a container and general cargo terminal at the Argentinian Port of Santa Fe.
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Three major port projects underway in Peru
In Peru, an updated Macroeconomic Projections 2019-2022 report prepared by the Ministry of Economy and Finance has revealed that three port projects are currently absorbing significant amounts of investment.
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China to invest $450m in Peru
In Peru, the regional governor of Ancash state, Juan Carlos Morillo Ulloa, has revealed that China Communication Construction Company (CCCC) is to invest more than $450m in an upgrade of the Port of Chimbote.
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Costa Rican port faces operational collapse
The Costa Rican Pacific ports institute, Instituto Costarricense de Puertos del Pacifico (INCOP), has claimed that the Port of Caldera has effectively reached a point of collapse, with few options open to it under the existing operations contract.
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Uruguay backtracks on TIL terminal rejection
Having turned down a request from MSC’s terminal arm, Terminal Investment Limited, to build a new container terminal in the Port of Montevideo, Uruguay’s National Ports Administration (ANP) has had a change of heart and has put forward an alternative plan for a different location.
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NewsUruguay turns down dedicated MSC terminal
Uruguay’s national ports administration Administración Nacional de Puertos (ANP) has said it is not viable to build a dedicated container terminal for MSC at the Port of Montevideo. This follows an analysis from a team of experts which has been ongoing since the middle of 2018.
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NewsUrgent re-tender of Valparaíso T2
In Chile, the head of the national shipowners’ association Asociación Nacional de Armadores (ANA) has forecast a prompt re-tendering of Terminal 2 (T2) at the Port of Valparaíso following the departure of concessionaire Terminal Cerros de Valparaíso (TCVAL).
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NewsDP World seeks bigger Latin America stake
DP World is looking at concessions in up to seven Latin American ports in the next year, according to the company’s chief operating officer.
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NewsBox throughput up in Latin America
Ports in Latin America and the Caribbean saw container throughput rise by 7.7% year-on-year in 2018.
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NewsItapoá secures major IDB loan
Brazil’s Porto Itapoá, a private-use terminal located in Santa Catarina state, has concluded a financing package worth $116m to boost capacity.
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NewsConditions still not right for Ilo investment
Gustavo Jáuregui, managing director of the National Chamber of Commerce of Bolivia, has stated that neither Bolivia nor Peru have yet made significant-enough progress to enable them to make public-private co-investment in the Port of Ilo, which is viewed as a genuine alternative to the Chilean Puerto de Arica for ...
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NewsDebt and service losses force terminal closures
Grupo Libra will close its Libra Terminais operation at the Port of Santos after CMA CGM switched three services to other terminals and the terminal operator feels the strain of its struggle with debt.
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NewsStrikes hang over Brazil's leading port
Casual dockworkers supplied by OGMO at Santos, South America’s largest port for containers, have entered their third week of strike action and continue to demand a return to 25% of the shift allocation.
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Future of Valparaiso Terminal 2 at risk
Terminal Cerros de Valparaiso’s (TCVAL) decision to quit the Port of Valparaiso’s Terminal 2 project will set the initiative back by years and slow the expansion of port capacity in Chile, according to recent analysis.
