By Dennis Smith
Members (Chile, Mexico, Colombia and Peru) and observers of the Pacific Alliance just wrapped up their latest meeting in Cali, Colombia.
Among those attending was Panama President Ricardo Martinelli. His mission was to push Panama’s status from observer to full member.
Panama has much to benefit from and much to add to the Alliance as a full member. Acceptance will allow Panama to become the most viable logistic platform for transpacific trade [...]
San Antonio, Chile, has again made national and Latin American port news. This time it is because the company Puerto Central, one of the operators in San Antonio, finally began to function. It marks a milestone in the history of San Antonio, and Puerto Central is now consolidated in the port market on this side of the planet. “With the start of operations, the port of San Antonio has become the most important of Chile [...]
The Maersk Line subsidiary, MCI, has again surprised the shipping industry by setting up its second reefer box factory outside China When it opens in December, Maersk Container Industry (MCI) San Antonio will be the first factory outside China producing insulated reefer containers. Currently, the insulated container producers – CIMC, MCI and Singamas – all have their production facilities in China. MCI San Antonio will also be the first reefer container factory in South America, [...]
Chile’s National Economic Prosecutor’s Office is concerned that shipping companies competing in the international market share ownership in several port terminals of Chile. Also some of the groups involved have directors in the same company while, in fact, they are rivals in other industries with relevant weight on the local economies, such as forestry and banking. The National Economic Prosecutor (FNE) is eyeing possible conflicts of interest within the boards of the companies operating in [...]
The Port of San Antonio, Chile, ranked tenth in the latest edition of “Containerized Port Traffic Ranking”, conducted annually by the Economic Commission for Latin America and the Caribbean (ECLAC), on port movement in the region. According to the study, which is based on figures for the first half of 2012, the Port of San Antonio mobilized in this period a total of 550,520 TEUs (20ft container equivalents), representing a growth of 13.6% over the [...]
Converting the region of Arica and Parinacota as a transit center is the goal of the Arica Parinacota Logistics Platform project, being implemented by the regional Chilean government in conjunction with the Competitiveness and Innovation Program of the European Union and the Cooperation Agency of Chile. The idea is to establish a roadmap for making progress in the development of logistics in the region and the preliminarily requirement is an investment of at least $939 [...]
The Port Terminal of Arica (TPA) in Chile reached a growth of 132% in the past seven years, thanks to a 70% growth of Bolivian origin or destination, according to the company that manages this terminal. According to the September issue of the Foreign Trade Journal IBCE, during the first four months of last year, Arica moved more than 583,000 tons of Bolivian cargo – imports of 282,000 tons and exports of 301,000 tons, giving [...]