Callao is one of many Latin American ports thats undergoing privatization schemes that undermine longshore workers jobs.

Callao is one of many Latin American ports that's undergoing privatization schemes that undermine longshore workers' jobs.

Switzerland’s Mediterranean Shipping Company (MSC) has signed a service agreement with Peruvian national ports operator Enapu to allow cheaper tariffs at Callao (“ki-YOW”) port’s Muelle Norte terminal.

Enapu’s operations at Muelle Norte will face competition from the nearby Muelle Sur terminal when concessionaire DP World begins operations there later this month. The firm has said it will reduce existing tariffs by around 70%.

From Business News Americas, June 22, 2010