Victor Crespo, Honduran dockworker union leader

Victor Crespo, Honduran dockworker union leader, was assaulted and had his life threatened by paramilitaries in September for his union activities at ICTSI’s new terminal in Puerto Cortes. Mr. Crespo was moved to a safe location by dockworker allies. No arrests have been made.

A subsidiary of listed International Container Terminal Services Inc. (ICTSI) is set to take over the operations of a port in Honduras this month.

In a disclosure to the stock exchange on Tuesday, ICTSI said Operadora Portuaria Centroamerica S.A. de C.V. signed a takeover deed for the container and general cargo terminal of Puerto Cortes.

“The actual and physical takeover of the operations of the terminal shall take place before the end of November 2013,” added ICTSI.

In March ICTSI signed a 30-year contract to operate and maintain the container and cargo terminal of Puerto Cortes.

Text from the Business Mirror; photo from the International Transport Workers’ Federation(ITF)