US ports breathe sigh of relief as tariff exemption saves US$ 130m
NewsUS ports welcomed a crucial tariff exemption, saving them over US$ 130 million in unexpected costs on Chinese-made cranes.
Uruguay’s Administración Nacional de Puertos (ANP) wants to push through Parliament a bill that will allow for a new tender for another dedicated container terminal in the country’s capital port.
The US$200M project for a new terminal is strongly opposed by existing container terminal operator Terminal Cuenca de la Plata (TCP), part of Belgium’s Katoen Natie, which says such a move would break the existing agreement signed between it and ANP back in the middle of 2001.
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This complete item is approximately 1000 words in length, and appeared in the January 2009 issue of WorldCargo News, on page 22. To access this issue download the PDF here.
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