Water levels in the Panama Canal are likely to remain exceptionally low for months despite forecasted short-term improvements, meaning no end in sight to the prolonged disruptions hampering vessels transiting the vital shipping artery.The Panama…
Multipurpose carrier Intermarine and sister company Jumbo-SAL-Alliance (JSA) expand their presence in South America, opening a new office in Santiago.Intermarine and Jumbo-SAL-Alliance are joining Intermarine’s long-time agent, Marval, to form the new subsidiary JSA-Intermarine Chile…
Australian livestock exporter Wellard has released its annual report and financial year 2023 financial results noting changes in trade patterns.Wellard’s financial results in FY2023 were significantly impacted by continued depressed live cattle…
Starting in September, the company that manages the Paranaguá Container Terminal (TCP) will receive a new maritime service in partnership with COSCO Shipping Lines/OOCL and Ocean Network Express (ONE). The service is branded respectively as: East Coast South America-Europe 2 (ESE2)…
Paulo Sousa, the president of Cargill's unit in Brazil, said companies should continue making investments in logistics to help Brazil, the world's largest exporter of commodities like soybeans, coffee and sugar, to store and move its agricultural products more efficiently…
Grain inspectors returned to their posts after midday Monday following a short-lived strike, the local chamber of Port and Maritime Activities (CAPyM) said.The workers, who began a strike Monday morning in a bid to push for higher wages, returned…
The Panama Canal will extend restrictions on ships' maximum depth, it said on Tuesday, and it has limited average crossings at one of the world's busiest trade passages to just 32 ships a day as a prolonged drought continues.The Panama Canal Authority (ACP) will maintain a depth limit of 44 feet…
The Panama Canal will postpone depth restrictions that were set to affect the largest ships crossing the key waterway, the canal authority said, after much-needed rain provided relief to the strained maritime passage.A series of measures were…
Maersk's APM Terminals has pledged a €962 million (US$1 billion) investment in its Brazilian operations up to 2026.This figure includes a €296 million of a total €483 million investment exclusively for the Phase One development of a new terminal in Suape…
Konecranes announced it has delivered three rubber-tired gantry (RTG) cranes to PSA Panama.The RTG cranes will strengthen the terminal’s container handling equipment fleet, now comprising 12 RTGs and 12 rail-mounted gantry (RMG) cranes which handle the terminal’s increasing container traffic…
Argentina grains inspectors have launched a 24-hour strike that is halting shipments at key river ports in farm transport hub Rosario, the ports chamber CAPyM said on Monday.The strike by the Urgara grains inspectors union is linked to conflicts…
The end of a contract between a Bunge agent and a state-run port company in southern Brazil could make room for rivals interested in the public grains terminal, documents and court filings showed.The contract between Bunge port agent Litoral…
Argentina's Rosario agro-port hub terminals were operating normally on Thursday in the midst of a strike by the Urgara grain receivers union aimed at storage centers, the country's Chamber of Port and Maritime Activities (CAPyM) said.'The ports are not affected…
Brazil’s privately run Porto Itapoá is investing 'heavily' amid strong cargo volume growth, announced APM Terminals, who holds a 30% share in the terminal on the north coast of Santa Catarina.Volumes at Porto Itapoá grew by more than 14% in 2022 (885…
Panama's Maritime Authority has lifted a suspension on First Quantum Minerals' operations at the port of Punta Rincon, which the Canadian company uses to export copper concentrate from its key Cobre Panama mine, company sources said late on Friday…