Latin America News

31 Mar 2020

Brazil Blocks Costa Cruise Crew from Coming Ashore Due to Coronavirus

Costa Fascinosa (Photo: Costa Cruises)

A Brazilian court has barred crew members from disembarking from the Costa Fascinosa cruise ship anchored with no passengers at the port of Santos after some of their mates developed coronavirus symptoms, city authorities said on Monday.All passengers on the ship, which has a capacity for 3,800 passengers and crew, were disembarked on March 17 at Santos and only the crew remained in quarantined.Santos is Latin America's largest port and where most of Brazil's agriculture commodities are exported.Last week…

23 Mar 2020

Dock Workers at Brazil's Santos Port Call off Strike Vote

© bannafarsai / Adobe Stock

A union representing the on-demand dock workers has called off a vote that had been scheduled for Monday on whether to hold a strike at Latin America's largest port over concerns about risks from the coronavirus outbreak.In a statement on Sunday, the union - which said it represents about 5,000 people - said the cancellation of the vote was due to a request from government officials.

18 Mar 2020

Santos Port Operating Normally Amid Coronavirus

© andre luis ferreira alferreira / Adobe Stock

Latin America's largest port in Santos in Brazil will maintain regular operations, port operators said after meeting with dock workers and authorities on Wednesday to discuss measures to deal with the coronavirus outbreak.In a statement sent to Reuters, Regis Prunzel, president of operators group Sopesp, said a crisis committee was created with representatives from all stakeholders at the port, where most of Brazil's coffee, sugar, soybeans, corn and cotton are exported to the world.One of the measures agreed on Wednesday will reduce large group gatherings on port premises…

18 Mar 2020

Port of Callao to Install Wärtsilä VTS

Traffic safety will be enhanced with the installation of Wärtsilä’s VTS in the busy Peruvian port of Callao. Copyright: Dmitrii Vinogradov

Wärtsilä said it will install its Vessel Traffic Service (VTS) solution at Peru's main harbor, one of Latin America’s most important ports.Dense fog and haze are a consistent challenge for Callao’s port operations, often making shipping conditions dangerous. Wärtsilä said its VTS solution will provide the technology needed to ensure uninterrupted port operations, while increasing safety levels and facilitating arrival, docking and departures for visiting ships.The technologies to be deployed by Wärtsilä includes solid-state IALA Advanced radar…

05 Mar 2020

MCT Completes 1st Year of Operations

Image: APM Terminals

The container port in the Limón province of Costa Rica, Terminal de Contenedores de Moín or Moín Container Terminal (MCT), operated by APM Terminals, completed its first year of operations on February 28.A press release from the international container terminal operating company headquartered in The Hague said that during the year the terminal serviced more than 1,100 ships, around 1.2 million TEUs and achieved important improvements in productivity, sustainability and the training of 1…

27 Feb 2020

Evergreen Line Launches New Digital Platform

Image: Evergreen Line

Taiwanese container transportation and shipping company Evergreen Line has launched a new digital platform designed to provide customers with seamless booking capabilities and greater access to integrated trade services.Evergreen Line said in a press note that GreenX platform provides a digital portal for Evergreen customers to get instant quotes and book secured space with prioritized equipment supplied by the carrier.From the time of its soft launch last month, GreenX has received nearly 2…

16 Feb 2020

PIL Exits Transpacific Market

Image: Pacific International Lines

Singapore shipping company Pacific International Lines (PIL) has announced that it is quitting the Transpacific market as part of an optimization strategy. The shipping line has been participating in a half-dozen trans-Pacific services, mostly in slot-charter arrangements.PIL’s last Transpacific sailing will be in March 2020.The company said it has taken the decision as part of a wider strategic review of its business. Henceforth, PIL will focus on further strengthening its position in the North-South Trade such as Africa…

10 Feb 2020

Damen Delivers Patol Boat to Mexican Navy

Photo: Damen

The Secretariat of the Navy of Mexico (SEMAR) has held a ceremony marking delivery of the Long Range Ocean Patrol (POLA) Class vessel ARM Reformador. The delivery ceremony was attended by Admiral José Rafael Ojeda Durán, Secretary of the Navy and High Command of the Mexican Navy, in the company of Mr. Juan Carlos Atecas Altamirano, Municipal President of Salina Cruz Oaxaca. Damen Shipyards Group was represented by Executive Board member René Berkvens, President of Damen Shipyards Mexico Horacio Delgado, and POLA Project Director Frank Verhelst.

29 Jan 2020

Global Wind Capacity to Reach 626 GW

Image courtesy: Ørsted

The global wind power industry is expected to install more than 626,800 MW of new capacity over the next decade, said a report.According to a report from Navigant Research, this new capacity represents a market worth more than $92 billion in 2019 and more than $1 trillion over the forecast decade.According to the report, global offshore wind development is expected to experience a 16% compound annual growth rate over a 10-year forecast period.China, Taiwan, and Europe are the leading markets…

19 Jan 2020

SAAM Acquires Intertug

Image: Sociedad Matriz SAAM S.A

Chilean logistics company SAAM has struck a deal to buy Intertug Investment Holding, a towage services company with operations in Colombia, Mexico and Honduras.SAAM will spend $54.5 million for 70% of Intertug, based on an enterprise value of $98 million, and carry out the acquisition through a capital increase and a share purchase, it said in a stock market exchange announcement.Intertug's 25-vessel fleet logs more than 18,000 maneuvers a year, generating around US$44 million in towage service revenue annually.The partnership with Intertug allows us to enter Colombia…

15 Jan 2020

Nordex Wind Energy Orders Top 6.2GW in 2019

Image: Nordex Group

The turbine manufacturing and installation company Nordex Group booked turbine orders totaling 6207MW in 2019, up 31% on the 4754MW in 2018.The German manufacturer secured deals with a combined capacity of 1477MW in the fourth quarter of last year, which was down on the 1679MW in the last three months of 2018.Overall, the Nordex Group received orders to deliver 1,616 wind turbines with a total output of 6,207 MW in 2019, representing a 31 percent increase on the previous year (2018: 4…

02 Jan 2020

Yılport Awaits 2 STS, 6 E-RTG Cranes

Image: Yilport

Yilport Puerto Bolivar, Ecuador’s first deep-sea terminal, will soon have a new fleet of ship-to-shore (STS) and electrified rubber tired gantry (E-RTG) that set sail from Oita, Japan, on December 30, 2019.Yilport said in a press release that the cranes will arrive on January 27, 2020, and will be part of a fleet comprising 6 STS and 18 ERTG cranes.The cranes forms the first shipment of overall 6 new STS cranes and 18 E-RTG cranes order of the Terminal. These 2 STS cranes will have 62 meters 22 rows out-reach capacity, designed to serve 14,000 TEU vessels.

27 Dec 2019

Hornbeck Offshore Delisted from NYSE

(File photo: Hornbeck Offshore Services)

Hornbeck Offshore Services announced its common stock has been delisted from the New York Stock Exchange (NYSE) on December 20, 2019, and that the company began trading on the OTC Pink marketplace effective December 23, 2019.The NYSE announced that Hornbeck stock was was suspended from trading because the company did not maintain an average global market capitalization of at least $15 million over a consecutive 30-trading-day period, as required by NYSE continued listing standards.Hornbeck…

27 Dec 2019

Sea Trials of Damen Mexican Navy Frigate Complete

The Damen designed, locally built Mexican Navy’s POLA-class ARM Reformador. Image Credit: Damen

ARM Reformador project shows economic impact of local shipbuilding.Working in close cooperation, Damen Shipyards Group, the Mexican Navy, subcontractors and suppliers have completed successful sea trials of the Mexican Navy’s POLA-class ARM Reformador. The programme of sea trials was comprehensive, including testing of platform and combat systems in addition to training of Mexican Navy crews. The completion of these sea trials indicate how the project as a whole is progressing…

27 Nov 2019

Training for L. American Maritime Leaders

Pic: International Maritime Organization (IMO)

A regional workshop organized by International Maritime Organization (IMO) has provided senior maritime administration officials in Latin America with the latest information on current and future developments at the Organization.The workshop for the regional maritime authorities networks, ROCRAM and ROCRAM-CA was held at IMO Headquarters in London (26 November) in the margin of the 31st IMO Assembly.The 28 participants received detailed information about the activities within…

26 Nov 2019

Global FPSO to Grow at Over 19.9%

Pic: Bumi Armada Berhad (Malaysia)

The floating production systems market worldwide is projected to grow by US$85.1 Billion, driven by a compounded growth of 19.5%.Floating production storage offloading (FPSO), one of the segments analyzed and sized in this study, displays the potential to grow at over 19.9%, said a report by ResearchAndMarkets.The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market.Poised to reach over US$77 Billion by the year 2025…

26 Nov 2019

Kalmar Signs Pact with Baja Ferries

Pic: Kalmar

Kalmar, part of Cargotec, has signed an agreement with Mexican ferry operator Baja Ferries to supply 20 terminal tractors for use in RoRo port operations.The order, which was agreed through Kalmar’s Mexican distributor Tracsa/Sitsa, was booked in Cargotec's 2019 Q3 order intake, with delivery scheduled to take place during Q1 2020.Baja Ferries is a leading provider of cargo and passenger ferry services in Mexico, offering integrated and multimodal logistics solutions. The company’s…

22 Nov 2019

FPSO Vessel Revenue to Reach $8.30Bln by 2026

Pic: MODEC

The global floating production storage and offloading (FPSO) vessel market is expected to grow at a robust rate of 11.80% during the forecast period 2016 to 2026. Additionally, the revenue in the global FPSO vessel market is projected to reach up to US$8.30bn by the end of 2026.Growing demand for alternative sources of oil due to continual depletion of existing oil reserves drives the global FPSO vessel market, said a report by Transparency Market Research Market (TMR).On the basis of geography, Latin America held a large share until 2016.

19 Nov 2019

Petrobras to be World's Largest Oil Producer

Graph: Rystad Energy

Brazil’s Petrobras is on track to become the world’s largest oil producer among publicly listed companies by 2030, based on Rystad Energy’s latest data and forecasts.Brazil’s biggest-ever oil auctions in November were generally deemed to be disappointing, receiving muted interest from international exploration and production companies.However, national oil company Petrobras could not have asked for a better outcome. The world’s fastest growing oil producer gained nearly full control of more than eight billion barrels of oil in the Buzios field…

11 Nov 2019

Hapag-Lloyd Expands Atlantic Loop 3

Image: Hapag-Lloyd

German international shipping and container transportation company Hapag-Lloyd AG announced that it is expanding fleet on Atlantic Loop 3 service between the US and Europe."Our Atlantic Loop 3 Service (AL3) fleet is growing with the addition of the 4,248 TEU vessel “Rio Grande Express” sailing between the United States and Europe," the cargo container shipping line said in a statement."Upgrading to a 6 vessel rotation will improve the reliability of the AL3 service for our customers and support our strategy of being number one for quality…

29 Oct 2019

Norway Rejects Prosafe-Floatel Merger

Image: Prosafe

The Norwegian Competition Authority has rejected the proposed merger between Scandinavian offshore accommodation/construction support providers Prosafe and Floatel.Oslo-listed accommodation services player Prosafe in a press release said that it will study the decision in detail, and expects to decide on whether to appeal shortly and within the deadline within three weeks.The company owns and operates semi-submersible accommodation vessels operating at present in the North Sea…

03 Nov 2019

Lydia Oldendorff Sets Record

Pic: Oldendorff Carriers

The largest German bulk carrier company Oldendorff Carriers GmbH, which operates around 700 ships, said that its Lydia Oldendorff (207,562 tdw built 2015) has set a record as the largest vessel to load coal at Puerto Bolivar, Colombia.The Newcastlemax vessel has a length of 300 meters and a breadth of 50 meters and was loaded on a trial cargo draft of 17.5 meters. The cargo loaded is destined for Flushing, in the port of Antwerp in Belgium, where it will again be the largest vessel to enter the port.Oldendorff Carriers currently operates a fleet of about 65 modern eco-Newcastlemax (203-211…

17 Oct 2019

EU/IMO Global Project Drives Energy Efficiency

Photo: IMO

The GMN global network of maritime technology cooperation centers has completed numerous pilot projects over the past three years, helping to drive forward the changes which are required to reduce GHG emissions from shipping. A global network of maritime technology cooperation centers has completed an impressive array of pilot projects over the past three years, helping to drive forward the changes which are required to reduce GHG emissions from shipping.Five regional Maritime…

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