STI Chile gears up; FIT steps up

News

SAAM’s STI San Antonio Terminal Internacional receives new cranes from China, and will scrap two 25-year old cranes; SAAM’s FIT in Port ...

SAAM earnings up 33% in Q1

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Along with strong performances across all divisions, the company continues to reinforce its current operations with acquisitions in strategi...

SAAM extends towing coverage in Peru

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SAAM Towage reported that it has signed an agreement with Ian Taylor to acquire the company’s towage operations in Peru, which currently p...

Container handlers expand at Guayquil

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SAAM has inaugurated US$16M of upgrades at its Terminal Portuario Guayaquil concession, while ICTSI has announced a 3-stage, US$18M expansio...

SAAM posts higher profits

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Chile-based multinational ports, logistics and towage group SAAM posted net income of US$64.4M in 2017, up 11% on 2016...

Record for Ecuadorian port

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Terminal Portuario Guayaquil, operated by SAAM, has received a call by the 11,000 TEU CMA CGM Rodolphe...

Expansion at Guayaquil

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SAAM Group is investing US$60M in its Ecuadorian concession, Terminal Portuario Guayaquil (TPG), to double capacity. The berth is being exte...

SAAM out of Tramarsa

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Chile’s SAAM has sold its 35% stake in Trabajos Marítimos SA (Tramarsa) to the Romero Group for US$124M, booking a profit of US$33M on th...

Taylor-made FIT for purpose

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SAAM's Florida International Terminal in Port Everglades has acquired two new Taylor reach stackers...

SAAM to invest US$133.5M in 2017

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The plan comes on top of investment of around US$500M in the past four years; the company has also rieterated its opposition to the "megapue...