Considering it of general interest, we transcribe below article written by the executive director of Latinports, Julian Palacio, to Informar, magazine of the Chamber of Shipping of Ecuador (Camae in Spanish), which has just been published.
In this December Latin American terminals Lazaro Cardenas Port Terminal of Containers (Hutchison Mexico), Contecon Manzanillo of APM Terminals Mexico (Maersk Line subsidiary), Panama Ports of Hutchison and TCBuen of Buenaventura, Colombia (recently acquired by APM Terminals), received M/V Maersk Edinburgh, 13.100 TEUs capacity, the largest vessel which has been received in Latin American ports and with the maximum capacity in terms of transit the expanded Panama Canal.
Maritime and Ports Chamber’s CEO, Jorge Marshall, estimated that a large-scale port can wait, as there is sufficient capacity to meet the requirements of the market, even if the emphasis is on productivity. “With the investments underway in Valparaíso and San Antonio will be available in the next two or three years an additional capacity of 37%” said the oficial, whom added that “studies of demand made three or four years ago gave a projection of growth of 5% to 6% annual and new projections are revealing that this figure is located on the 3%”.
In accordance with the WTO and JETRO, around a fifth of exports from emerging and developing countries are originated in free zones; hence the great importance on the existence of ports with free zones or free zones with ports (internally or in their neighborhoods.
Some similar to the Grand Canal of Nicaragua that, without serious projections, aims to invest seven times rather than the new Suez Canal and ten times more than the enlargement of the Panama Canal?