South America News

 

US LNG Exports Through Panama Canal Shrink, Asia-Europe Spreads Widen

Dec 08, 2023

The number of U.S. liquefied natural gas (LNG) vessels transiting the Panama Canal to Asia halved in November compared with a year ago as Asia prices for the gas this week traded at their steepest premium to European prices in nearly two years…

Konecranes Delivers Cranes for Brazilian Port Expansion Project

Nov 15, 2023

In August 2023, CMA TERMINALS Fortaleza received delivery of two Generation 6 ESP.8 Konecranes Gottwald Mobile Harbor Cranes for its terminal in northeastern Brazil. The cranes will be used to build local container handling operations as part of the first stage of a port expansion project…

In Brazil's Amazon, Cargill Grains Ports Meet Local Resistance

Nov 06, 2023

For centuries, riverside communities, including the 'quilombola' descendants of enslaved Africans who escaped from plantations and ranches, have shared Xingu Island in Brazil's Amazon Basin.Its inhabitants live in brightly painted wooden houses…

Panama Canal to Slash Booking Slots Due to Drought

Oct 31, 2023

Daily ship crossings on the Panama Canal, one of the world's main maritime trade routes, will be further reduced over the coming months due to a severe drought, the authorities managing the canal said late on Monday.Booking slots will be cut to 25 per day between November 3 to November 6…

Fire-hit Paranagua Port Berth to Resume Ops Nov. 4

Oct 31, 2023

Shipping agent Cargonave said on Tuesday Berth 201 on the West Corridor of Brazil's port of Paranagua would tentatively resume operations on Saturday, according to a note to clients based on information it said it received from the local port authority…

Crowley to Launch LNG Bunkering at Panama Canal's Pacific Side

Oct 24, 2023

Shipping and energy logistics company Crowley said Tuesday it is proceeding with plans to provide liquefied natural gas (LNG) bunkering services on the Pacific side of the Panama Canal, under the first permit issued by the Panama Maritime Authority (AMP) for the provision of such services…

It's Crunch Time for Brazilian Ports

Oct 19, 2023

Brazil’s commodities export hubs are strained with record volumes of soy, corn and sugar to be moved at a time of the year when rains start to increase in southern ports, according to traders, analysts and shipping data.Exporters are reporting…

Amazon River Port Water Levels Drop to 121-year Record Low

Oct 16, 2023

The water level at a major river port in Brazil's Amazon rainforest hit its lowest point in at least 121 years on Monday, as a historic drought upends the lives of hundreds of thousands of people and damages the jungle ecosystem.Rapidly drying…

Vessels Run Aground in the Rivers of the Drought-hit Amazon Region

Oct 11, 2023

A barge carrying three trucks and 2,000 empty cooking gas cylinders lies stranded on the vast sand banks of a diminished Rio Negro river after running aground last month, highlighting the plight of river transport in the Amazon region hit by severe drought…

Amazon Drought Chokes River Traffic, Threatens Exports

Oct 10, 2023

A severe drought choking major rivers in the Amazon rainforest has disrupted ship traffic near the region's biggest city and pushed up costs for northern shipping routes, raising risks for corn exports in coming months.The unusual heat and dryness…

Seaspan and AES to Partner on LNG Bunkering in Panama

Oct 09, 2023

Seaspan has signed a memorandum of understanding (MoU) with global energy company AES in collaboration mainly aimed at providing liquefied natural gas (LNG) bunkering services to shipping vessels crossing the Panama Canal, as well as exploring…

Rio Brasil Terminal Welcomes COSCO’s ESE2 Service

Oct 04, 2023

Rio Brasil Terminal (RBT), International Container Terminal Services, Inc.’s (ICTSI) operation at the Port of Rio de Janeiro, recently handled the inaugural call of COSCO Shipping Lines’ Europe – East Coast of South America (ESE2) service.On September 15…

Konecranes to Supply 8 RTG Cranes for New Terminal in Colombia

Oct 03, 2023

Konecranes announced it has won eight rubber-tired gantry (RTG) cranes order for a new container terminal in Colombia.The eight RTG cranes will be delivered to a new container terminal at Puerto Antioquia, Colombia, that will provide new export…

Vale Seals Deal for Potential Low-carbon Iron Ore Complex

Sep 26, 2023

Mining giant Vale and Brazil's top commercial port have signed an agreement to study the potential construction of a facility in Rio de Janeiro state that would produce low-carbon iron ore products, port executives told Reuters.Vale's deal with the Acu port…

Panama Canal to Further Reduce Daily Transits if Drought Continues

Sep 12, 2023

The Panama Canal could further reduce the maximum number of authorized daily vessel transits if this year's drought continues, the waterway's administrator said on Tuesday.A backlog of ships is waiting to pass through the trans-oceanic canal…

Logistics News

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