Venezuela
Gentlemen,
As we feared, today it was published in the Official Gazette that BOLIPUERTOS (federal government
agency created last MAY to take over the administration of all ports ... terminals — following are main terms of the publication:
1. As of this date, BOLIPUERTOS will be the only entity in charge of the administration,
profitable management, and operation of port ... facilities and warehousing located within
ports.
2. BOLIPUERTOS is instructed to immediately take over and occupy these yards and facilities,
and so notify all companies currently performing these tasks