July 10th, 20190A dramatic ship-to-ship transfer operation is set to continue today in the wintry waters of southern Chile to rescue around 200 cattle in trucks on a roro vessel that grounded and listed last week after the ship’s master hanged himself. The first cattle were taken off the roro yesterday after the navy had stabilised the ship and...
May 17th, 20190Investigations are proceeding into how a conveyor belt collapsed yesterday at the port of Patillos in northern Chile injuring one port worker and damaging the , a two-year-old, 63,000 dwt bulker belonging to Greece’s Lavinia Corporation. The accident, caught on video, happened while the Leonidas was loading a shipment of salt. Much...
January 14th, 20190Dubai terminal operator DP World is buying a Chilean port operator, further bolstering its global footprint. DP World is acquiring a 71.3% stake of Puertos y Logistica (Pulogsa) from Minera Valparaiso and other shareholders associated with the Matte Group. Pulogosa has two ports in Chile, including the nation’s largest private port in...
June 12th, 20170Chilean multinational port services company SAAM has taken 100% control of Iquique Terminal Internacional (ITI) – the main port terminal in Chile’s far north – with an $11.05m purchase of the last 15% it needed. SAAM made the transaction through its subsidiaries SAAM Puertos and SAAM Inversiones, acquiring the final chunk from...
May 30th, 20170The strike by customs workers at Chile’s ports has come to an end. Seaports along the nation’s lengthy Pacific coast are returning to normal operations following the workers’ union the National Association of Customs Officers of Chile (ANFACH) announcing the end of the stoppage after five days. Workers, numbering around...
May 25th, 20170Ports in Chile have been hit by customs workers' strike action. The vote for labour action by members of the National Association of Customs Officers of Chile (ANFACH) trade union affects all ports in the South American country. It is causing disruption and delays to freight movement up and down its 6,000km-long Pacific...
May 11th, 20171Splash understands the two product tankers sold earlier this week by Scorpio Tankers are heading to Compania Maritime Chilena (CMC), the firm controlled by the Ureda family who sold boxline Compania Chilena de Navegacion Interoceanica (CCNI) to Hamburg Sud two years ago. NYSE-listed Scorpio Tankers sold the 2013-built MR product...
February 9th, 20170Chilean multinational port services company SAAM has completed its acquisition of two concessions at Puerto Caldera in Costa Rica after getting approval from regulatory authorities in the Central American country. The deal originally signed in September involved SAAM offering $48.5m for 51% stakes in Sociedad Portuaria de Caldera...
November 17th, 20150Italian shipping group d’Amico Società di Navigazione is ready to open a new office in South America. Cesare d’Amico, head of the group together with his cousin Paolo, told Splash: “In January 2016 d’Amico will open a new directly-linked office in Santiago de Chile. We have been active in that country for a long time now as we...
September 19th, 20150The Chilean port of Coquimbo has had its container terminal services suspended as authorities assess the havoc caused by Wednesday’s massive earthquake, Chile’s worst in five years, according to AFP. Chile’s national government declared a state of emergency for the whole Coquimbo region, worst-hit part of the country after the...