The Up For Sale Tecon Sepetiba container terminal in Brazil’s state of Rio de Janeiro has received 10 non-binding “proposals from companies interested in buying it”, according to the box facility’s owners Companhia Siderúrgica Nacional (CSN). The purchase price is believed to be in the Reais1.2 billion to Reais1.5 billion ($371 million) range, according to a former Sepetiba Tecon executive, and Advent International is considered favourite to win the bid, according to various sources in Rio de Janeiro.
Brasil Terminal Portuário registers 206 moves per hour on the MSC Geneva with 1,980 containers handled.
Facilities at Itajaí and Pecém continue to expand in tough economy
The Panama Canal has announced that Grupo Unidos por el Canal (GUPC), the consortium responsible for the design and construction of the Third Set of Locks Project, has successfully completed testing of the reinforcements in sill #3 of the Cocolí locks.
Just as the Special Ports Ministry (SEP) in Brazil releases details for Round Two of the “Great Brazilian port sell-off” - worth Reais1.766 billion (US$429.14 million), one experienced commentator declares that current exchange rates make these concessions very attractive to foreign investors.
USD $200 million in facility upgrades and equipment will be invested to accommodate larger container ships soon transiting the Panama Canal.
Panama City, December 23, 2015 – 2015 was an historic year for the Panama Canal and the Panama Canal Authority. In 2015, the ACP reached a number of milestones: nearing completion of the ACP’s first-ever expansion, setting a tonnage record, training employees, investing in simulation facilities and other infrastructure projects, instituting a new toll structure, and diversifying its products and services.
Panama City, December 21, 2015 – The Panama Canal Authority (ACP) has proudly announced that the first-ever expansion is 96 percent complete.
- The Maersk Edinburgh covers a strategic trade route between China, South Korea and the Pacific coast of Central America
- Maersk Line has established itself as a major shipping company in Buenaventura (Colombia)
Evergreen Group’s Colon Container Terminal, S.A. (CCT) held a ceremony yesterday to mark the completion of its newly built Berth No. 4. The President of Panama, Juan Carlos Varela, Administrator of Panama Maritime Authority (AMP), Jorge Barakat Pitty, and a number of government officials joined the company’s chairman Captain Yen-I Chang for ribbon cutting. Many dignitaries from shipping and related industries were present at the event to witness the grand opening of the new facility.
On December 8th, 2015, HKND Group, concessionaire of the Nicaragua Interoceanic Grand Canal project, has entered into an agreement in Hong Kong with international marine infrastructure, design and engineering consultancy BMT Asia Pacific to develop Canal and Ports Operations Plans and refine the integrated port-canal business modelling.