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After being put up for sale at the start of this year the Central American Port of Belize has reportedly received several offers but is still on the lookout for the investors, according to chief executive Tux Vasquez.

Thursday, 05 February 2015

European container growth to slow

Growth in European container port traffic is set to taper off this year as the industry enters a new phase, according to a report from consultancy firm, FitchRatings.

The president of Brazil’s national shipyard syndicate – Sinaval – has spoken out in favour of government support for local supplier laws as uncertainty grows in the wake of the Petrobras scandal. The legislation aims to ensure that 65% of budgets are spent with local suppliers as opposed to foreign imports.

The Port of Amsterdam’s international division has announced that it will work with the Netherlands Embassy in Benin to help revitalise the Port of Cotonou in the West African country.

Brazilian entrepreneur, Washington Barbeito, is leading the fight to bring the Brazilian flag back to the seven seas, with calls for the government to review severe protective laws, referred to as Custo Brasil (Brazilian Cost), and permit local companies to create companies abroad

The appointment of the new Brazilian minister of ports, Edinho Araujo, at the start of this month has left many investors in the sector uncertain as they wait to see what the relatively inexperienced newcomer will deliver for the industry.

Container throughput at the port of Rotterdam rose sharply in 2014 with a 5.8% increase to 12.3 million TEU and a 5.2% increase by weight to 127.6 million tonnes, the port authority reports. Overall the port saw a more modest 1% increase in total throughput to 445 million tonnes.

A record volume of transhipment cargo passed via the ports of Amsterdam, Ijmuiden, Beverwijk and Zaanstad in 2014, with the four neighbouring sites reprtoing a total of 97.4 million tonnes a increase of 1.7% on 2013 levels.

Brazilian port operator Odebrecht SA is eyeing further investment and increased volumes in its Mariel Port in Cuba following the relaxation of U.S. sanctions against the island in December.

Friday, 19 December 2014

U.S. eyes Cuban port opportunities

The resumption of diplomatic relations between the U.S. and Cuba is set to give a boost to port trade in both countries, officials anticipate. Recent moves by U.S. president Barack Obama to open communications with Cuban President Raoul Castro have caused widespread optimism that the two countries may soon see significant trade.


Port Finance International provides online news and conferences worldwide. It is a platform and a community for senior industry experts and players to review and discuss the market. Our online news team provides daily coverage of international port finance, investment and operations news. A weekly e-newsletter- sent to readers free of charge - covers the key news and views of the week.

Port Finance International's conferences and training programmes are held across the globe. These events feature key industry figures and they address market challenges and trends as well as providing industry players with essential networking opportunities.

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