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The following is an analysis from Corporate Finance Week: CFW believes the announcement that El Salvador’s Autonomous Executive Port Commission (CEPA) expects to finalise the concession of La Unión by July 2012 is good news for the country’s port sector. We caution, however, that the operator should consider concessioning the ports of Acajutla and La [...]  The Westbound Transpacific Stabilization Agreement, a discussion group of 10 ocean carriers in the trade, published the checklist in order to improve clarity in the contracting process and minimize the potential for dispute. The checklist contains suggestions involving key service contract issues such as volume commitments, rate stability and predictability, surcharges, including fuel surcharges, service [...] The Panama Canal expansion began in 2007 and is scheduled to be complete in 2014. The project to expand the Panama Canal has advanced by some 20%, and contracts worth a total of more than $4 billion dollars, of the estimated total of $5.25 billion, have been awarded according to the Panama Canal Authority [...] |
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