While the Panama Canal expansion has led ports in close proximity to prepare to compete, a similar scenario is taking place in South East Asia.
Indonesia Port Corporations (IPC) or PT Pelabuhan Indonesia (Pelindo), Indonesia’s state-owned port operator is to build 22 ports in the country in the next five years for an anticipated cost of around $3.5 billion.
This is in order to support the Indonesian government’s plan to turn Indonesia into a maritime [...]
Looking towards the Panama Canal expansion, the Executive Director of the Port of Caucedo, Dominican Republic, Morten Johansen, explained new projects currently being implemented at the maritime terminal.
These include port dredging from its current 13.5 meters to 15 meters deep, with an investment of more than $30 million.
This major project will be completed by mid-November this year, preparing the Caucedo port for the expansion of the Panama Canal in 2016.
The comment was [...]
It is in the Colón Free Port in Panama, where the West Mexican Council for Foreign Trade (Comce) will open, before the end of this year, a logistics center for small and medium enterprises (SMEs) of Jalisco, Colima and Nayarit to export their goods to the Latin American market.
After several months of paperwork and finding the right warehouse, they finally have the site and the physical space to house the products made in Mexico [...]