South America News

 

DP World Announces Investments in Latin American Ports

Jun 11, 2024

DP World is making significant investments in its port terminals in Peru and Ecuador to enhance capacity and operational efficiency.Carlos Merino, CEO of DP World in Peru and Ecuador, said, “DP World remains committed to creating resilient and efficient logistics solutions. Peru and Ecuador’s strategic locations provide reliable connections from the west coast of South America to major global markets…

Brazil's Container Port Operator Seeks to Avert 'Congestion' Surcharge

Jun 13, 2024

TCP, an arm of China Merchants Port, is working to dissuade a logistics firm from applying a surcharge on outgoing cargos at South America's largest container terminal, TCP Commercial Director Carolina Brown said.France-based logistics firm CMA CGM's $150 surcharge…

Russia Starts Wheat Shipments to Brazil from Baltic Terminal

Jun 07, 2024

Russia has started wheat shipments to Brazil from Vysotsky Port on the Baltic Sea, the quality inspection arm of Russia's agricultural watchdog said on Friday.'Grain was shipped to Brazil from Russian Baltic Sea ports for the first time,' the grain quality assessment centre said…

Port Strike Suspended at Argentine Grains Hub

Jun 06, 2024

Port worker unions in Argentina cut short a planned strike in grains shipping ports in the Rosario region following government-ordered talks, a union head said on Thursday, in welcome news for the country's farm exports.The area north of the…

Panama Canal Eyes Adding New Reservoir to Boost Ship Transits

Jun 04, 2024

The Panama Canal is exploring the construction of a new water reservoir that would provide capacity for 11 additional ship crossings, the administrator of the key global waterway said in a statement on Tuesday.The administration is also seeking to make its ship reservation system 'more permanent…

Rumo to Sell Stake in Brazil Port Terminal to Bunge, Zen-Noh for $115 Million

May 29, 2024

Brazilian railway operator Rumo agreed to sell its 50% stake in a terminal at the Santos port to a consortium formed by Bunge's local unit and Zen-Noh Grain Corp for 600 million reais ($115.3 million), it said on Wednesday.In a securities filing…

Dredging of Suape’s Outer Channel Completed

May 24, 2024

Van Oord said it has finished the dredging of the outer channel to the Port of Suape in the Northeast of Brazil. The dredging of the channel up to 20 meters enables the port to handle larger, more efficient, container and (liquid) bulk vessels…

Worker Dies in Accident at Peru's Chancay Megaport Project

May 12, 2024

Hong Kong-based Cosco Shipping Ports said on Saturday that a worker died in an early-morning accident at a megaport it is building on Peru's Pacific coast.The worker was doing sanding and painting work at the deepwater Chancay Port Terminal when the accident occurred…

Conflict Heating Up Over Cosco's Megaport in Peru

May 08, 2024

The Chinese state-owned company at the center of a dispute over operations of a megaport it is building on Peru's Pacific coast insisted on Tuesday on terms agreed with the government, as some local officials have sought to backtrack on the deal…

Operations Normal at Brazilian Grains Port Despite Torrential Rain

May 07, 2024

A large grains shipping hub located in Rio Grande do Sul is operating normally after torrential rains battered Brazil's southernmost state, the port authority said in a statement on Tuesday.Heavy rains and flooding have devastated vast areas Rio Grande do Sul state in the past few days…

Maritime Trafficking: How Balkan Gangsters Became Europe's Top Cocaine Suppliers

May 02, 2024

In 2018, convicted cocaine trafficker Slobodan Kostovski fled a Brazilian prison and made his way back to Europe with a fake passport.The Serbian senior quickly fell into old habits, police allege. Last August, Kostovski was arrested in Belgrade…

CMPC Weighs $4 Billion Pulp Plant in Brazil

Apr 29, 2024

CMPC has signed a deal with Brazil's southernmost state of Rio Grande do Sul to evaluate building a new, $4 billion pulp plant there, the Chilean pulpmaker said on Monday.The new project, which would be in the city of Barra do Ribeiro, would initially have the capacity to produce up to 2…

Peru Seeks to Avoid Arbitration Over Chinese-built Mega Port

Apr 29, 2024

The Peruvian government is looking to avoid an international arbitration process which could be filed by Chinese port operator Cosco Shipping over a legal dispute regarding exclusivity rights to a massive facility being built by the firm, an official said on Monday…

Shiploader Collapses at Brazil's Recife Port

Apr 19, 2024

An accident with a shiploader at the sugar terminal in the Recife port in Northeastern Brazil suspended loading operations at the site, according to a note from shipping company Williams Brazil late on Thursday.The company said the shiploader…

US to Reimpose Oil Sanctions on Venezuela

Apr 17, 2024

The Biden administration said it would not renew a license set to expire early on Thursday that had broadly eased Venezuela oil sanctions, moving to reimpose punitive measures in response to President Nicolas Maduro’s failure to meet his election commitments…

Logistics News

Ports of Indiana Says It Aims to Develop Container Terminals

Ports of Indiana Says It Aims to Develop Container Terminals

The Path to Zero: Shell Opens MW Charger in Amsterdam

The Path to Zero: Shell Opens MW Charger in Amsterdam

Singapore Oil Spill Spreads Along Coast

Singapore Oil Spill Spreads Along Coast

GAC to Acquire Quadrant Pacific’s Ship Agency Business

GAC to Acquire Quadrant Pacific’s Ship Agency Business

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