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Latin American

AVEVA Opens Office in Chile

AVEVA (LSE:AVV), announced on June 18, 2012 that it has further expanded its Latin American presence by opening an office in Chile.   The office in Santiago de Chile will also be the location for AVEVA’s Mining & Metals Centre of Excellence (MMCoE). The Chilean office will serve a number of Latin American countries providing sales and support for AVEVA’s entire product and solution portfolio. The new MMCoE will act as a global resource, working with customers in Latin America, Australia and other mining intensive regions.   “Chile is a very key location for AVEVA in Latin American,” said Santiago Pena, Senior Vice President of Latin America, AVEVA. "As our main hub for the Mining, Metals & Minerals industry it will also serve our customers in Argentina, Paraguay and Uruguay. The new Mining & Metals CoE is being established here to take advantage of the extensive local industry knowledge, both within AVEVA and with our customers. The MMCoE will develop customised applications and configurations for the Mining, Metals & Minerals industry, as well as special projects for our Plant customers. Our Chilean team is very customer focused and with the Latin American market, experiencing dramatic change, it is their mission to help our customers meet challenging technical and business objectives.”  


CP Ships to Acquire Nordana Line

CP Ships, one of the world's top ten container shipping companies, has reached agreement with Dannebrog of Denmark to acquire Caribbean/Latin American market specialist Nordana Line. The acquisition includes Nordana's business and services and its 10,000 teu container fleet. It also includes the time charter of three roll-on/roll-off ships owned by Dannebrog and the sub-charter of three chartered-in ships. "The acquisition of Nordana Line is a good example of one of the principal elements


Viking Life-Saving Equipment Expands to Panama

Henrik Uhd Christensen, VIKING CEO

VIKING has announced the next step in its continued global expansion with a Latin American sales and service facility at Colon, Panama.    Leading marine safety equipment provider VIKING Life-Saving Equipment has announced the addition of a Latin American sales and service facility located at Colon, Panama on November 1, 2011. The move to establish a presence in Panama is another step towards fulfilling VIKING’s goal of expanding its network to include more service and stock


Need for Latin American Transport Infrastructure Investment Highlighted

TT Club logo

TT Club’s Senior Underwriter, Dan Negron, speaking at the recent TOC Americas Conference in Miami outlined his views on future Latin American trade growth and the pressures that this will create on the region’s transport infrastructure. Excerpts from his address follow: “Two examples of robust economies are Colombia and Peru.  The latter has grown its export trade by a multiple of five over the last decade


Port Leaders To Focus on Trade and Security at Convention

Port authority leaders from across the Western Hemisphere will gather from September 22 - 26, 2002, at the Breakers Hotel in Palm Beach, Florida, to address issues such as trade trends, maritime security, financing requirements at ports, and cruise operations. The 91st Annual Convention of the American Association of Port Authorities (AAPA) is expected to attract up to 800 delegates and guests to Palm Beach. The Port of Palm Beach will serve as host and plans a number of social events to


Volvo Penta Targets Marine for Growth

Ron Huibers, President of Volvo Penta Region America, said “We have the mandate to grow the business substantially; we want to double the business in the next few years.”

Ron Huibers has been on the job as president of Volvo Penta Region America for just more than six months, but upon entering the position in the autumn of 2013, the goal for the engine industry veteran was clear:  “We have the mandate to grow the business substantially; we want to double the business in the next few years.” A strong brand in the leisure marine segment, Volvo Penta is now making the moves it believes will help it fortify and extend as a player in the commercial


LNG: Gas Demand Drives Investment

A bright future is forecast for the LNG industry, as long-term gas demand drives major investment in global LNG facilities. A new report from energy business advisors, Douglas-Westwood (DW), predicts the Pacific basin will be the main contributor to a ten year global investment high of $26 billion per annum by 2015. The report is being launched this week at the 6th FLNG Asia Pacific Summit, Singapore and the 5th Annual Gas Storage Conference, London


Fazekas Joins Terresolve

terresolve.jpg

 Terresolve Technologies, an industry leader in producing environmentally safe lubricants and functional fluids, today announced that Stephen Fazekas has joined the company as director of business development.  Fazekas holds more than 21 years of industrial experience in the areas of market development, management, direct sales and engineering.  At Terresolve, Fazekas will explore new market opportunities as well as develop and enhance business opportunities within the


CP Ships Report 3Q Results

CP Ships Ltd. was able to report a 37% increase in net income in the third quarter despite higher costs, due to continuing general improvement in industry conditions. The company said its operating profit in the latest quarter was the highest since it went public in October 2001. Third-quarter net income was $33 million or 36 cents a share, up from $24 million or 27 cents a year earlier. The Thomson First Call mean estimate was for net income of 41 cents in the latest quarter.


Mbanefo Earns Support for IMO Secretary-General Bid

Monica Mbanefo is gathering support for her bid to become the next Secretary-General of the International Maritime Organization. A substantial number of the 162 member states of IMO have already declared their support for her in advance of the elections in June 2003. Mbanefo is currently Director of the Conference Division of IMO. She says, "IMO is at a critical point in its development and it is important for the


Vice Presidents Rejig at Caterpillar Inc

Following the previous announcement regarding two group presidents’ retirements and new responsibilities for another group president, Caterpillar Inc. (NYSE: CAT) today announced related changes at the vice president level, including the retirement of Vice President Steve Gosselin.


MacGregor Secures Deck Machinery Orders from Sinopacific

the main dimensions of SPA85L have been optimized to meet the complex conditions of the South China Seas

MacGregor has signed a new series of deck machinery orders for 12 vessels with the China-based Sinopacific Shipbuilding Group. This builds on a track-record of contracts that now stands at 150 shipsets of equipment successfully delivered and installed at Sinopacific yards


New Vice Presidents at Caterpillar

  Following the previous announcement regarding two group presidents’ retirements and new responsibilities for another group president, Caterpillar Inc. today announced related changes at the vice president level, including the retirement of Vice President Steve Gosselin.


Teleperformance Commended by Frost & Sullivan

Frost & Sullivan Commends Teleperformance for its Unmatched Performance in the Nearshore Contact Center Outsourcing Services Market

Based on its recent analysis of the Latin American contact center outsourcing services market, Frost & Sullivan recognizes Teleperformance with the 2014 Latin America Frost & Sullivan nearshore Company of the Year Award. By leveraging its unparalleled nearshoring expertise acquired through


Venezuela Considers Importing Crude for the First Time

PDVSA would use its own fleet to transport imported crude; Purchases of crude imports would reduce costs; Venezuela has been exporting oil for a century Venezuela is considering importing crude oil for the first time ever and could use a light oil from its partner in OPEC, Algeria


Cuba Struggles to Attract Investors Despite Reforms

Photo: Lukas Mathis

Cuba has yet to attract new foreign investors despite launching two major initiatives in the past year, a sign of the lingering caution over doing business with the communist government and its own hesitancy to follow through on free-market-style reforms.


Dredge Yard to Participate in Latin American Congress of Ports

Dredge Yard announced it will for the first time participate in the Latin American Congress of Ports that will be held in less than a week in Puerto Iguazú in Argentina. Dredge Yard’s objectives are to showcase its latest innovations in realm of dredging and mining equipment


Petroperu Tenders for Latin American or WAF Crude

State-run Petroperu has launched a tender to buy a 360,000 barrel cargo of a Latin American or West African crude to be received at Conchan and Talara ports on September 26-30, according to a document seen by Reuters on Tuesday. The Peruvian company has been buying 1-2 monthly cargoes of crude


Yara to Acquire Majority Position in Galvani

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  Yara International ASA has entered into an agreement to acquire a 60% stake in Galvani Indústria, Comércio e Serviços S/A ("Galvani"), for an enterprise value of USD 318 million. Galvani is an independent, privately held fertilizer company, controlled by Mr


Sinopacific Shipbuilding Win Order to Construct 4 SPA60 vessels

 Sinopacific Shipbuilding Group (SINOPACIFIC) has recently signed a contract with Singaporean company Vallianz Holdings Limited

  Sinopacific Shipbuilding Group (SINOPACIFIC) has recently signed a contract with Singaporean company Vallianz Holdings Limited (Vallianz) for the construction of 4 SPA60 vessels. The vessels will be built in SINOPACIFIC’s Zhejiang Shipyard and all of them are expected to be delivered


DW to Present at Upcoming Floating LNG 2014, Houston

FPSO Sevan Voyageur: File photo

Douglas-Westwood (DW) says that its manager in Houston, Andrew B. Meyers will be joining the speakers on the platform at the upcoming 27th-30th October 2014 'Floating LNG Conference' at the Hilton Hotel Greenway Plaza in Houston. DW explain that annually the conference attracts over 140


ICC Appoints Ximena Tapias Delporte as Vice-Chair

Ximena Delporte

  The International Chamber of Commerce (ICC) is pleased to announce the appointment of Ximena Tapias Delporte as Vice-Chair of the ICC Commission on Marketing and Advertising. Ms Tapias Delporte has been Executive Chairman of the Colombian Union of Advertising Companies (UCEP)


Cat Financial Announces Second-Quarter 2014 Results

CAT Brand

  Cat Financial reported second-quarter 2014 revenues of $728 million, an increase of $34 million, or 5 percent, compared with the second quarter of 2013. Second-quarter 2014 profit after tax was $146 million, a $35 million, or 32 percent, increase from the second quarter of 2013.


China lends Argentina $7.5 bln for Power, Rail Projects

Argentine President Cristina Fernandez and her Chinese counterpart, Xi Jinping,

  Argentina signed deals on Friday to borrow $7.5 billion from China at a time when the Latin American country cannot tap global capital markets because of disputes over unpaid debt. Among the deals signed, Argentine President Cristina Fernandez and her Chinese counterpart


OceanLED Appoints Marketing Director & Sales Manager

Nicole Squartino of OceanLed

OceanLED, the global leader in LED marine lighting technology, announces today that it has appointed Nicole Squartino as its new creative Marketing Director and Oscar Socarras as Territory Sales Manager. Both will be working closely with the US General Manager, Don DeMott






 
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