Panama Ports: fastest growing in Latin America

Ports in Panama and Peru recorded the highest levels of growth in Latin America in 2008.

Wednesday, July 8, 2009

Latin Business Chronicle, published in Miami, remarked the Port of Balboa as the one with the highest growth in real numbers, while the Peruvian port of Ilo recorded the highest percentage growth.

La Prensa publishes in its website: "The port of Santos in Brazil remains the largest cargo container terminal in Latin America, with 2.674.975 TEUs (standar measurement that corresponds to a 20 foot container), followed by Colón, with 2.468.520 TEUs, and Balboa with 2.167.977 TEUs, both located in Panama."

More on this topic

Panama: Operations Paralyzed in Puerto Balboa

March 2013

The implementation of a technology system promised to streamline operations in the terminal, but ironically it has stalled operations since last Wednesday.

"There have been normal delays as a product of the transition from the old to the new system, including delays in dispatching containers to the railway," said Rommel Troetsch, head of corporate affairs at Panama Ports Company (PPC), adding that operations should return to normal in the next few days.

Extensive Damage Caused by Panama Ports Company Strike

April 2012

The direct costs incurred from diverting cargo to other ports, and the effect on Panama’s image as a safe logistical hub.

Maritime employers say that the economic losses are incalculable, but the greatest damage caused by the general strike by workers of the PPC is to Panama’s image.

Balboa Port in grows in Panama

December 2008

In the last five years, the Balboa port has been at the top of the list of the 30 ports with the most growth in Latin America, according to the bulletin published by CEPAL.

According to "In the last few month, Balboa, where some 3000 persons work, has began operations in several routes and shipping lines which use Panama as their distribution center.

Port of Balboa: A transfer option

November 2008

The port is currently the main regional transfer center for cargo coming from Asia to be sent to various ports in the US, Central and South America.

Three ships carrying cargo arrive weekly from Asia, some of which cannot pass through the Panama Canal due to their size.

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