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…
DP World has completed its $400 million expansion project at the Port of Callao in Peru, boosting container handling capacity at the South Terminal by 80%.The Bicentennial Pier expansion project extends the pier from 650 meters to 1,050 meters…
APM Terminals Suape, Brazil, reports it has completed the purchase of 28 pieces of all-electric container handling equipment from SANY. The equipment has been specifically customized for the new terminal and features state-of-the-art technology with a high level of efficiency and safety…
Cavotec announced the inauguration of our MoorMaster automated vacuum mooring system at DP World San Antonio, the largest multipurpose port in Chile. This milestone marks the first implementation of an automated mooring system in South America…
The Panama Canal authority said on Wednesday that recent rains boosted water levels, allowing heavier ships with larger cargo loads to transit the canal's Neopanamax locks.The maximum ship depth for the key global waterway will be set at 47 feet (14…
A fire that destroyed a conveyor belt and electric systems at the Tiplam terminal in the port of Santos, Brazil's largest, caused a suspension of sugar loading on piers 2 and 3 on that terminal, according to a note from the company.The fire…
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…
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…
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 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…
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…
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…
