STXNEWS LATAM-Brazil's Prumo says suspends Porto Brasil project

lunes 28 de julio de 2014 18:59 GYT

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.