During BNamerica’s LatAm Port and Logistics Summit held in Panama City, the five busiest ports in the region were evaluated, according to the latest numbers from the UN Economic Commission for Latin America and the Caribbean (Eclac), which looked at container movement in TEUs from 2013. The results are:
Although container movement at Panama’s Colón port was down 5.3% in 2013 compared to 2012, with 1.68 million TEUs moved, [...]
Restraints on the sale of foreign currency are the reason for slow seaport operations in Venezuela. The activity has plunged 80% said Customs agencies.
Restrictions on the sale of foreign currency by the Venezuelan authorities have translated into a slowdown in the arrival of cargo, and a lower supply of goods in the domestic market.
Based on the estimates issued by importers and Customs agents at Puerto Cabello, imports in January-February 2014 plummeted by around [...]
Senior representatives of the Port of Malaga, Spain, met with the Minister of the Presidency, Roberto Henriquez, to show their interest in links and exchanging information with the Panamanian authorities for the international business and economic impact the Panama Canal expansion will have when it is completed by mid-2015.
The Spanish delegation included the president of the Port of Málaga, Paulino Plata, the director of the maritime terminal, José Moyano and the director of the [...]
To attract foreign investors
The Dominican Republic is investing in the training of its human resources in technical areas and in the English language in order to attract investors to the island.
The Senior Commercial Manager of DP World Caucedo, Hector Tamburini, highlighted the geographical position of the Dominican Republic, which is located close to large consumer markets and the country’s investment in a technology park technical college specializing in training technical vocations and the [...]
APM Terminals, operator of the Multipurpose North Pier at Callao, Peru, will invest $58 million in the expansion of the discharge capacity of the conveyor belt and the expansion of the container yard.
The General Director of APM Terminals Callao, Henrik Kristensen, said that the refurbishment will be carried out in five stages.
Currently, APM Terminals Callao is carrying out steps 1 and 2 including the remodeling of docks 11 and 5, and the expansion [...]
The crisis in Venezuela is not only affecting the movement of containers in the Panamanian port system, but also the air cargo industry, according to industry spokesmen.
The statistics of the Panama Maritime Authority (AMP) confirmed what had already been reflected in recent months by the Panamanian port system – a fall of 4.3% compared with 2012 and -1% in relation to 2011, indicating that the movements are marching backwards.
The three Atlantic ports are [...]