South America – Page 26
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TRX launches new infrastructure fund
In Brazil, TRX Infraestrutura, one of TRX''s business units, has launched its TRX Infraestrutura FIP II investment fund.
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Impeachment proceedings fail to stop concessions
Brazil issued its first round of port tenders on December 9, divided into two calls.
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HPH fined for breach of contract
Ecuador''s Attorney General, representing Manta Port Authority (APM) as plaintiff in the arbitration case taken out against companies belonging to Hutchison Whampoa Limited, has ruled that the port authority is due compensation for a breach of contract obligations by the defendants in respect of the terms and conditions related to ...
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Panama releases Corozal tender
Panama Canal Authority (ACP) has issued a Request for Qualifications (RFQ) for companies interested in the Corozal Container Terminal.
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Brazil ditches Para tender
Brazil has cancelled an auction to lease a port terminal area in the northern state of Para due to a lack of interest, according to Reuters.
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Callao: no to regional hub status
Peru has all but ruled out the possibility that Port of Callao will become a regional hub.
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Manta modernisation set for 2016
The President of Ecuador, Rafael Correa, has revealed that modernisation of the Port of Manta will become a reality in 2016. This will form part of the ninety-third anniversary celebrations of the founding of the city.
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APM Terminals chases Itajaí concession extension
APM Terminals has changed tack in its attempt to persuade the Brazilian government to grant it a concession extension at its Port of Itajaí container terminal.
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Global operators vie for Corozal's hand
The Panama Canal Authority has announced that 11 of the world’s largest port operators have expressed interest in the Port of Corozal.
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Buenos Aires' TRP concession in doubt
The head of Argentina''s tax authority (AFIP), Ricardo Echegaray, has asked the courts to withdraw the concession awarded to Terminales Río de la Plata for container berths 1, 2 and 3 at the Port of Buenos Aires.
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Barreiro necessary to allow Lisbon reinvention
Manuela Patrício, director of Port Terminals and Logistics at Lisbon Port Authority, has defended the decision to build a new container terminal at Barreiro on the southern bank of the Tagus river in Lisbon.
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Mexican state changes port infrastructure funding model
Mexico''s Transport & Communications Minister has stated that, as of 2018, port infrastructure work will not be financed using state resources, given a cut in central government funding.
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Nicaragua advances port privatisation
Nicaragua will make its first move towards privatisation of its ports with the re-organisation of Corinto and Sandino.
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Brazil announces go ahead for new tenders
As part of a cabinet reshuffle, Brazil''s president Dilma Rousseff has sacked the incumbent ports minister, Edinho Araújo. He has been replaced by Helder Barbalho, the former Fisheries and Aquaculture Minister.
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Deadline for first new Brazilian port tenders
Brazil''s Ports Ministry (SEP) is to publish the first tenders for new port concession on October 26.
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Ultramar worried by Chile's lack of long term port planning
Richard von Appen, president of the Chilean company Ultramar, has said that he is concerned about the ports industry in his country.
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Coquimbo crippled by earthquake
The 8.3-magnitude earthquake and resulting tsunami that hit Chile last week has put a stop to the country’s coastal port of Coquimbo, local media reports.
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Castilla’s unfair concession terms criticised
Juan Carlos Garrido, ICTSI''s director of business development for the Americas, has publically criticised the terms for the recently announced development of Puerto Castilla, which is being backed by the Honduras'' Commission for the Promotion of Public-Private Alliances (Coalianza).
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Peru to add eight ports by 2025
Peru''s director general responsible for concessions at the Ministry of Transport and Communications, Raúl García, wants to see eight major ports operational in Peru over the next 10 years.
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Brighter times ahead
Despite a short term slowdown, long terms prospects for Chilean ports look bright, finds Alex Hughes