Two new operator concessions in the offing at ports in Latin America

Two new operator concessions in the offing at ports in Latin America

Two ports in Latin America – one in Argentina, one in Honduras – are on the way to replacing their operators after moves on Friday, according to portstrategy.com.

In Argentina the General Ports Administration (GPA), responsible for the running of all sea and river ports in the country, is putting out to tender the operating rights for Terminal Five at Buenos Aires port.

The port operator role at this major facility has been held as a stopgap the past three years by Bactssa (Buenos Aires Container Terminal Services SA) whose concession proper ended in 2012.

The next concession will be for four years with an option to extend another year and the winning bidder will be required to pledge $13m to investment in the port.

In Honduras a bid has been received by a private firm, not identified, to modernise and develop the port terminal at Punta Castilla on the country’s northern (Caribbean) coast. Rival bidders have until Thursday (August 27) to submit their own proposals.

Donal Scully

With 28 years experience writing and editing for newspapers in the UK and Hong Kong, Donal is now based in California from where he covers the Americas for Splash as well as ensuring the site is loaded through the Western Hemisphere timezone.

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