Brazil created the state-owned National Petroleum Fleet (FRONAPE).
1951
Aliança organized as a subsidiary of the Fischer group in Brazil.
1953
June 27
Chilean government organized EMPRENLAR to provide coastwise service.
1954
April 2
Brazilian government transferred the National Petroleum Fleet (FRONAPE) to PETROBRAS.
1955
June
Cement carrier Anáhuac began operations for business venture that eventually became known as the Mexican Line.
1956
June 22
Chile became the first country in Latin America to adopt cargo preference.
1958
April 24
Brazil created a Merchant Marine Fund whose revenue came from taxes on ocean freights.
summer
Brazil began to organize the first shipbuilding industry in Latin America.
1960
February 2
Santa Eliana, first all-container vessel in the world, arrived in La Guaira, Venezuela.
February 19
Countries of region established the Latin American Free Trade Association (ALALC).
-171-
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication Information: Book Title: Latin American Merchant Shipping in the Age of Global Competition. Contributors: René De La Pedraja - author. Publisher: Greenwood Press. Place of Publication: Westport, CT. Publication Year: 1999. Page Number: 171.
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