South America News


APM Terminals to Invest $1 Billion in Brazilian Terminals by 2026

May 15, 2023

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. The terminal, located in Estaleiro Atlântico Sul, is in the final stages of acquisition and will rejuvenate infrastructure and increase competition in the port…

Konecranes Delivers Diesel-electric RTGs to PSA Panama

Apr 20, 2023

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 Strike Halts Shipments at Rosario Ports

Apr 17, 2023

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…

Bunge Port Deal in Southern Brazil Ends, Opening Door to Rivals

Apr 13, 2023

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…

Rosario Ports Operating Normally Despite Strike

Mar 30, 2023

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…

Porto Itapoá Investing in New Equipment

Mar 22, 2023

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 Gives Canada's First Quantum Go-ahead to Operate Port Terminal

Mar 13, 2023

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…

DP World Invests $35 Million in Port of Santos

Mar 03, 2023

DP World announced it will invest $35 million in 2023 to expand and modernize its facilities on the left bank of Brazil’s Port of Santos.With the investment, the company plans to increase annual movement capacity from 1.2 million TEUs to 1.4 million TEUs and expand the size of the quay from 1…

Svitzer Expands Into Brazil's Port of Salvador

Mar 01, 2023

A.P. Moller-Maersk's towage arm Svitzer announced it has expanded its presence in Brazil to provide operations and services at the Port of Salvador, including Aratu Port Complexes.Svitzer said it will deploy two 'modern and high-powered' tugs…

Konecranes to Deliver Mobile Harbor Crane to Guyana

Feb 22, 2023

Finland's Konecranes reports it has received an order to deliver two mobile harbor cranes to Guyana's Port of Georgetown.In Q3 2022, two port operating companies in Guyana – Muneshwers Ltd. and John Fernandes Ltd. – made a joint order for two…

Guyana's Shore Base Project Could Cut Shipping Costs by About 12%

Feb 16, 2023

Companies working on a $300 million logistics facility in Guyana that will support offshore oil operations said on Wednesday the shore base will help reduce shipping costs for supplies by as much as 12% by allowing larger supply vessels to dock…

SAAM Towage Certifies Its Carbon Footprint

Jan 17, 2023

For the fifth year in a row, SAAM Towage was recognized by the Ministry of the Environment’s Huella Chile program for measuring and assuring its greenhouse gas (GHG) emissions during 2021.“Our commitment is to continually seek alternatives that…

Security at Brazilian Port Reinforced on Invasion Threat

Jan 11, 2023

Brazilian oil workers union FUP said on Wednesday that intelligence staff at state-run Petrobras are aware of a potential plan to invade its Transpetro terminal located in the Maceio port in northeast Brazil.The threat comes as Brazil braces…

Robbers Pull Off Multimillion-dollar Copper Heist in Chilean Port

Jan 11, 2023

Chilean authorities said on Wednesday they were investigating a violent heist in Chile's main seaport where thieves stole several shipping containers filled with copper belonging to state-owned giant Codelco.Juan Carlos Catalan, the local prosecutor…

Lack of Dredging Could Delay Chevron's Venezuela Oil Exports

Jan 05, 2023

A shipping channel snafu is slowing Chevron Corp’s efforts to load tankers at one of its four Venezuelan joint ventures and bring heavy crude to the United States, three people familiar with the matter said on Wednesday.Washington in November authorized the last major U…

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