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Issue #589

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New York Ports

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2014 Media Kit
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Brazil’s Prumo says suspends Porto Brasil project

By: | at 06:59 PM | Ports & Terminals  

Brazilian port operator Prumo Logística said on Monday its subsidiary LLX Brasil Operações Portuárias S.A. has formally decided not to continue with its Porto Brasil project in the state of Sao Paulo.

The company said in a statement that the decision was due to the legal uncertainties about the area where the port project would have been located.