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Thursday, August 28, 2025
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CATEGORY

Ports-America South

VLCC and Suezmax freight rates rise, crude oil tanker stocks hit new highs for the year

The Baltic Exchange VLCC equivalent time charter rate reached $47,/day, a year-on-year increase of 41%; the Suezmax index reached $62,/day, a year-on-year increase of...

Brazil’s TCP adds second BYD electric bus, expands port decarbonization drive

Last Friday (22), TCP, the company that manages the Paranaguá Container Terminal, received the second electric bus to join its fleet. The vehicles are...

Paranaguá’s Moegão port project 67% complete, to boost grain rail capacity by 2026

Brazil’s most significant public port infrastructure project, the Moegão, has reached an overall completion of 67% this week. The civil works alone are 76.8%...

Brazil audit court TCU orders changes to Santos port fuel terminal auction

The Federal Audit Court (TCU) has ordered the Santos Port Authority (APS) to make a series of adjustments to the bidding notice for the...

Elliott-Linked Firm Makes Best Bid for Citgo

August 26, 2025 - A company affiliated with hedge fund Elliott Management has emerged as the frontrunner in the bidding for the parent company...

Brazil’s Vast Infraestrutura begins construction of R$250 mln tank farm at Açu liquid terminal

Vast Infraestrutura has begun construction of the tank farm at the Açu Liquid Terminal (TLA), located at the Port of Açu in São João...

Pecém–Asia direct route cargo volumes jump 48% in seven months

In just seven months of operation, the new weekly service at APM Terminals Pecém, in partnership with MSC – the Far East-Centram-ECSA Service (Santana)...

Copper hits two-week high in knee-jerk reaction to softer dollar

Copper prices hit two-week highs on Tuesday as the dollar eased after expectations of U.S. interest rate cuts next month were boosted by President...

Baltic index gains as rates rise across all vessels

The Baltic Exchange’s main sea freight index rose to an over one-week high on Tuesday, supported by higher rates across all vessel segments. The...

Seizure of 50 kilos of cocaine in the port of Civitavecchia Investment firm CVC Capital Partners exits Boluda Maritime Terminals and TTI AlgecirasMaersk records an...

They were concealed inside a reefer container arriving from Ecuador The financial police of the provincial command of Rome seized a shipment of cocaine concealed inside a...
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