Higher fuel pushes up maritime fleet costs

The accelerating rise of fuel prices has passed through to increase the cost of operating maritime fleets.

Friday, June 20, 2008

Just this year the cost of cargo transport to Europe by sea has gone up by 50 percent.
Since January 2007, the cost of a loaded container destined for the United States has moved up from 33 dollars per ton to 83 dollars, said Antonio Echeverría, president of Costa Rica's National Poultry Chamber.
During the same period, the cost of transporting a container of grain from New Orleans to Costa Rica has risen by 150 percent.

More on this topic

Maersk and the Expanded Canal

April 2016

The shipping company has drawn attention to the impact that the Canal expansion will have on its operations noting that there are still only a few ports that can receive Post Panamax vessels.

The two routes that the Danish shipping company Maersk Line ceased to operate in 2013 were of great importance for Latin America, whose operations account for 10% of the company's total sales worldwide.

Panama: Complaints Over Food Transfer Rates

April 2016

The maritime union has requested a reconsideration of the transshipment tariffs governing food from the 1st of April, as it represents 48% more on operating costs.

From a statement issued by the Maritime Chamber of Panama:

Panama, April 1, 2016. - The Maritime Chamber of Panama and unionized shipping lines in the CMP has called for a reconsideration on the part of the Panamanian Authority for Food Safety (AUPSA) over what they consider an unfortunate measure made by this entity.

Shipping Rates Up 10%

January 2013

The rise in logistics costs has a higher impact on businesses who export fresh produce.

On 1 January an increase came into effect of approximately 10% in the cost of shipping a container with cold storage leaving from Costa Rica.

According to an article in Nacion.com, companies that will be affected by the increase of approximately 10% are those who export fresh produce such as fruits and vegetables.

Guatemala: Worries about high maritime tariffs

January 2009

Maritime shipping rates for cargo have no gone down despite the reduction in the price of oil on the international market, according to importers and exporters.

According to prensalibre.com, "Jean Paul Brichaux, executive director of the Council of International Transport Users of Guatemala (Cutrigua), explained that the shipping agencies increased their rates between May and August to up to $700.

 close (x)

Receive more news about Commerce

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Citrus Extract

CitroBio is a citrus extract wash for use throughout the entire food industry.
CitroBio is a citrus wash for sprouts, fruits,...

Stock Indexes

(Aug 30)
Dow Jones
S&P 500


(Aug 30)
Brent Crude Oil
Coffee "C"