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Ports and Terminals Oct, 22, 2024 0

Peru’s Chinese-built mega port to soft launch in late November with Shanghai route

Peru’s massive Chancay port, which authorities hope will become a major shipping hub for South America-Asia trade, will ship two container ships a week beginning late next month, an executive…
Maersk container
Ports and Terminals Oct, 21, 2024 0

Maersk reports preliminary Q3 revenue of US$15.8 billion

Based on preliminary unaudited figures, A.P. Moller Maersk reports revenue of US$15.8 billion, underlying EBITDA of US$4.8 billion and underlying EBIT of US$3.3 billion for the third quarter of 2024.…
Ports and Terminals Oct, 21, 2024 0

Santos-Guarujá Tunnel: Change in designated route reduces impact on locals

The proposed route for the Santos-Guarujá underwater tunnel project, which initially included a binary road between Avenida Conselheiro Rodrigues Alves and Rua José do Patrocínio in the Macuco neighborhood of…
Ports and Terminals Oct, 21, 2024 0

MSC inks deal to acquire controlling stake in Wilson Sons for BRL 4.35 bn

European shipping giant MSC has reached an agreement to acquire a controlling stake in Wilson Sons, a Brazilian port services company, for R$17.50 per share, according to a notice released…
Ports and Terminals Oct, 21, 2024 0

Grain exports to China drive growth at Port of Sao Francisco do Sul

Cargo throughput at the Port of São Francisco do Sul grew by 5% in the first nine months of the year compared to the same period in 2023. According to…
Ports and Terminals Oct, 21, 2024 0

Portonave breaks record with 3,300 cargo trucks in a single day

Portonave, a private port terminal in Navegantes on Santa Catarina’s northern coast, set a new daily record for truck traffic at some 3,308 truck movements on Wednesday, the 16th. This…
Coffee Oct, 21, 2024 0

Açu Port carries out its first coffee export operation

Port of Açu, located in northern Rio de Janeiro, recently completed its first coffee export operation using big bags. Logistics operator C. Steinweg Group shipped 15,520 tonnes of Arabica and…
Ports and Terminals Oct, 21, 2024 0

ICTSI’s TecPlata handles Argentina’s first carbon-neutral container

TecPlata achieved a new milestone with its handling of the first carbon-neutral container in Argentina. The latest achievement marks a significant step forward in the company’s commitment to sustainability, reinforcing…
Ports and Terminals Oct, 18, 2024 0

I Squared prepares offer for Wilson Sons, but competition may arise

After being stalled for over a year, the sale of Wilson Sons is expected to heat up in the coming days. Investment firm I Squared Capital, which had been negotiating…
Ports and Terminals Oct, 18, 2024 0

Port of Santos breaks yet another record for container throughput

The Port of Santos set a new record for container throughput in 2024, surpassing the 4-million TEU mark. The port also reached an all-time high in tonnage, handling 44.5 million…