While in general the movement of containers in the region tended to the low, Cartagena, with a growth of 16% in the total of container movement and 14% in transhipment, became far port with better performance in container handling in 2015. On the other hand the port of Santos, with 2% growth with respect to 2014, remains that of greater movement of containers in the región, followed by the Panamanian ports of Atlantic and Pacific (Colon and Balboa), and Cartagena who overcame to Manzanillo, Mexico.
Office Against Monopoly of the Ministry of Commerce of China approved the purchase of Neptune Orient Lines (NOL), the largest company of container shipping from Southeast Asia, by CMA CGM, third world shipping company, with a presence in 160 countries and 1,781 million TEUs capacity. NOL on the other hand, operates 94 ships, with 618.000 TEU transport capacity, whereupon the resulting capacity of the merger would be 2.4 million TEUs in 563 ships and a market share of 11.5%.
In addition, Hapag Lloyd reported talks with United Arab Shipping Company (UASC), about a possible merger of its container shipping activities.
The Acting President of Brazil, Michel Temer, reduced from 32 to 24 the number of ministries, and between the eight deleted was the Ministry of Ports, which merged with the Ministry of Transport, which is now called Ministry of Transportation, Ports and Civil Aviation. The new Minister is Mauricio Quintella (photo).
To the concentration of the shipping business in ten major shipping companies through mergers or load-sharing agreements, substantially reducing the current overcapacity, shipping companies, to improve their profitability, raise freight rates, will call fewer ports and use increasingly terminals operated by its affiliates, without leaving much room for manoeuvre to the users.
“If it is bad to not have competition, is also bad that has Super-competition”: Interviewing the Latinports Executive Director for Latin American Ports Forum
On the occasion of the event that Latin American Port Forum is organizing for the month of September in Panama, with Latinpors as Associate Partner, Raúl Ferro interviewed Julian Palacio on the port situation in Latin America.