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Property and equipment (Tables)
12 Months Ended
Dec. 31, 2024
Property and equipment [Abstract]  
Summary of Property and Equipment
Property and equipment as of December 31, 2024 and 2023 are summarized as follows:

 
   
2024
 
   
Lands
   
Construc-
tions in
progress
     
Buildings
and
facilities
   
Maritime
and
transpor-
tation
equipment
   
Major
maintenance
   
Other
equipment
   
Total
 
Gross carrying amount
                                           
Balance as of January 1
 
$
1,419,674
   
$
230,406
     
$
114,044
   
$
193,882
   
$
29,142
   
$
46,260
   
$
2,033,408
 
Additions
   
-
     
462,622
  (a)
   
-
     
1,060
     
3,177
     
7,667
     
474,526
 
Revaluation
   
22,974
      -        
-
      -       -       -      
22,974
 
Disposals
   
-
     
(5,616
)
     
-
     
(16,933
)
   
-
     
(1,116
)
   
(23,665
)
Balance as of December 31
   
1,442,648
     
687,412
       
114,044
     
178,009
     
32,319
     
52,811
     

2,507,243
 
                                                           
Depreciation and impairment
                                                         
Balance as of January 1
   
-
     
-
       
(13,011
)
   
(149,941
)
   
(7,045
)
   
(37,279
)
   
(207,276
)
Disposals
   
-
     
-
       
73
     
15,356
     
-
     
954
     
16,383
 
Depreciation
   
-
     
-
       
(8,375
)
   
(23,627
)
   
(11,228
)
   
(1,821
)
   
(45,051
)
Balance as of December 31
   
-
     
-
       
(21,313
)
   
(158,212
)
   
(18,273
)
   
(38,146
)
   
(235,944
)
Carrying amount as of December 31
 
$
1,442,648
   
$
687,412
     
$
92,731
   
$
19,797
   
$
14,046
   
$
14,665
   
$
2,271,299
 



   
2023
 
   
Lands
     
Construc-
tions in
progress
   
Buildings
and
facilities
   
Maritime
and
transpor-
tation
equipment
   
Major
maintenance
   
Other
equipment
   
Total
 
Gross carrying amount
                                           
Balance as of January 1
 
$
1,147,174
     
$
136,495
   
$
113,857
   
$
163,282
   
$
21,026
   
$
50,247
   
$
1,632,081
 
Additions
   
272,500
  (b)
   
105,727
     
187
     
31,757
     
23,301
     
236
     
433,708
 
Disposals
   
-
       
(11,816
)
   
-
     
(1,157
)
   
(15,185
)
   
(4,223
)
   
(32,381
)
Balance as of December 31
   
1,419,674
       
230,406
     
114,044
     
193,882
     
29,142
     
46,260
     
2,033,408
 
                                                           
Depreciation and impairment
                                                         
Balance as of January 1
   
-
       
-
     
(10,042
)
   
(85,574
)
   
(6,444
)
   
(39,250
)
   
(141,310
)
Disposals
   
-
       
-
     
217
     
1,157
     
10,328
     
3,815
     
15,517
 
Depreciation
   
-
       
-
     
(3,186
)
   
(65,524
)
   
(10,929
)
   
(1,844
)
   
(81,483
)
Balance as of December 31
   
-
       
-
     
(13,011
)
   
(149,941
)
   
(7,045
)
   
(37,279
)
   
(207,276
)
Carrying amount as of December 31
  $ 1,419,674      
$
230,406
   
$
101,033
   
$
43,941
   
$
22,097
   
$
8,981
   
$
1,826,132
 
Cost Model Revalued Carrying Amounts
If the cost model had been used, the revalued carrying amounts for land and properties as of December 31, 2024 and 2023, would be as follows:
 
   
2024
   
2023
 
Lands
 
$
847,745
   
$
847,745
 
Properties
   
188,799
     
198,736
 
   
$
1,036,544
   
$
1,046,481