Port Business, Definitely, Changed.
During the existence of Latinports, in different forums and in this column that ends today, we have been warning about the mistakes of the sector in a market that does practically not grow: unnecessary terminals (white elephants), proliferation of terminals in areas port (favela ports), over-investment, etc. To complete, shipping companies, as livelihood, have been merging and creating alliances of cargo sharing, considerably limiting the competition, just as they have aggressively entered the port sector with own operators or agreements with multinationals; now they are extending its activity through the purchase of logistics companies with wide coverage, to offer service door to door, thus covering the entire chain. What remains then for the independent port terminals?
According to the consultancy Drewry, cited by Mundo Marítimo under the title The Mutation that Unleashes the Evolution of the Business of the Major Shipping Companies, “the shipping companies would compete with their forwarders and terminal operators´ suppliers, some of whom have similar ambitions, which could be a source of conflict and potential loss of business”. If we take into account the important raid of the shipping industry in the port sector, this this new logistic activity represents a great danger (another!) for independent terminals who are not working in the innovation of their activity.
As our slogan proclaimes (promoting the region port-logistics development), since the beginning of the association we had clear the need to venture into the logistics activity as the goal for the sector subsistence and we look forward to having done to reflect many of our colleagues on this new way of addressing the business, a quarter of a century after the port reforms in the región, known as privatization.
With this challenger panorama for the sector it´s completed Latinports´activity, that for nearly ten years has worked. Our last activity will be in Latin America Ports Forum www.latamports.com which will be held in the Hilton hotel in Panama on April 3 and 4 of next year, important event that we have supported in the three successful previous editions, focus on the adaptation of ports and terminals to continuous change in regional and global trade, and in the infrastructure necessary to face it. There we will rise by last time our voice of alert over worrying threats to the sector, for which we would appreciate to count on you on this occasion.
With nostalgia, but with the satisfaction of fulfilled duty, after a year of transition
the time to say goodbye has come, because our other professional activities require it. We want, in the new year looming, the best for the sector and for the good friends we had the opportunity to meet.
See you soon!