Category: News

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Collapse Continues in Containers Movement

According to data released by Eclac, the movement of containerized cargo in Latin American and the Caribbean ports fell 0.9% in 2016, the worst performance since the crisis of 2009, while globally the behavior was positive but low.

The deterioration in 2016 was determined mainly by decreases in the activity of four important Latin American countries: Panama (- 9.1%), Argentina (- 6.1%), Brazil (- 4.4%) and Colombia (- 3.6%), some of them with important activity of transhipment (Balboa, Panama and Cartagena, Colombia). These falls were mitigated by increases observed in some countries in the region that contributed increases to total volume: Uruguay (9.5% increase), Guatemala (8.8%), Peru (8.4%), Dominican Republic (8.3%), Costa Rica (7.3%), Chile (4.8%), Ecuador (4.5%) and Mexico (3.2%).

Globally, during 2016 ports in container traffic also had a low dynamism. According to the estimates of the publication Alphaliner, volumes in the first 100 container ports in the world rose just 1.8 percent in 2016

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MOL Triumph: World’s Largest Containership

M/V MOL Triumph, from the shipping company Mitsui OSK Lines, became the world’s largest containership with a capacity to transport up to 20.150 TEUs. The ship, christened March 15, has 400 metres length, 58.8 meters beam, has a serie of technological improvements that give it greater efficiency from the point of view of fuel consumption, what constitutes a benefit to the environment. It will be delivered on March 27, while other three sister vessels – to be deployed on the routes Asia-Europa- will be received in the course of this year.

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When Survival Exceeds Logic

The trend of alliances and mergers of shipping companies has not only changed the face of the shipping, but it has also redefined the elections of landfall at port, based on new parameters, as evidenced by the most recent Ports and Terminals Insight, of the consultant Drewry.

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Tender of the Port of Corozal in Panama was Declared Desert

The Panama Canal Authority reported that none of the pre-qualified companies presented their offer on Friday, March 3, to compete in the design, construction, development and operation of a container port in Corozal West. The four consortiums that were able to offer were APM Terminals B.V. (Netherlands); Terminal Link (France); PSA International Ltd. (Singapore), and Terminal Investment Ltd. (Netherlands).