Chinese President Xi Jinping arrived in Lima, Peru, on Thursday, kicking off a week-long diplomatic blitz in Latin America by inaugurating the massive Chancay deep-water port, one of Beijing's most ambitious infrastructure investments in Latin America.Xi will participate in the Asia-Pacific Economic Cooperation (APEC) summit in Lima before heading to the Group of 20 summit in Rio de Janeiro next week…
Dubai-based ports and logistics firm DP World and shipping giant Maersk have signed a long-term agreement to boost container-handling capacity and increase weekly vessel calls to support Brazil’s growing trade demands.DP World operates one of…
A 24-hour strike launched on Wednesday by transportation unions in Argentina against President Javier Milei's austerity measures blocked grain shipments at a major hub and affected thousands due to the lack of operating trains and airplanes…
Peru's massive Chancay port, which authorities hope will become a major shipping hub for South America-Asia trade, will ship two container ships a week beginning late next month, an executive for port operator Cosco Shipping said on Friday.After the port's inauguration in mid-November…
Brazilian port terminal group Amport said on Thursday that grains transport through the Tapajos waterway has come to a halt as a severe drought hit northern Brazil and lowered the river's water levels.Tapajos, which links Brazil's central and north regions…
The river port in the Amazon rainforest's largest city of Manaus on Friday hit its lowest level since 1902, as a drought drains waterways and snarls transport of grain exports and essential supplies that are the region's lifeline.Below-average…
French shipping giant CMA CGM plans to launch a full takeover bid for port terminal operator Santos Brasil after it agreed to buy a 48% stake in the company, it said on Monday as it further expands its grip on global shipping infrastructure…
The American Association of Port Authorities (AAPA) announced the reconstitution of its presence in Latin America with the appointment of Juan Duarte as the first Latin American to serve as Executive President of AAPA in Latin America.Duarte…
The Panama Canal expects to be ready to combat a possible new drought, which could hit the world's second-largest waterway within four years, by accommodating larger vessels, securing dedicated passage for some ships and expanding its water reservoirs' capacity…
In a groundbreaking development for Argentina’s maritime industry, TecPlata S.A., the Argentinian arm of International Container Terminal Services, Inc. (ICTSI), has become the first port in the country to earn carbon neutral certification.The…
Offshore wind developer Corio Generation, a Macquarie Group company, and Brazilian shipyard and marine construction company Estaleiros do Brasil (EBR) have signed a memorandum of understanding (MoU) to explore how EBR’s facilities could support future offshore wind projects off Brazil’s south coast…
Turkish holding company Yilport will invest an expected $1.62 billion to expand two ports in El Salvador and operate them jointly with the local port authority, the government of the Central American country said.Salvadoran President Nayib Bukele…
A strike launched by Argentine oilseed industry workers has halted grain shipments from local ports with soybean processing plants, the country's Ports and Maritime Activities Chamber (CAPyM) said on Wednesday.Argentina is a top global supplier of the processed soybeans…
The Panama Canal expects to increase the number of daily transit slots for vessels to 36 from the current 34 beginning in September, the canal's deputy administrator said, as rains allow authorities to ease drought-imposed restrictions.Panama experienced its third-driest year on record in 2023…
Russia has begun shipping oil and refined products to Bolivia, helping to tackle a fuel shortage in the country, and expanding its presence in Latin America as Western sanctions have forced Moscow to seek new markets, traders and shipping data show…
