Red Sea port calls plummet by 85% in 2024
NewsThe Red Sea region experienced an 85% drop in deep-sea port calls, from over 200 to under 40 per month, during January-June 2024.
SAAM for TCP Montevideo?
Yurik Díaz, head of the Port Terminals Division of Chile-based company SAAM, has labelled the decision by Katoen Natie to put its 80% stake in Terminal Cuenca del Plata (TCP) Montevideo (Uruguay) up for sale as “an interesting process”. In addition, earlier this year, in May, Katoen Natie announced it wished to dispose of all of its assets in the country, which also encompass Seaport Terminals Montevideo SA and Nelsury SA.
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