Features / Interviews
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 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.