Panama's Manzanillo Terminal traffic up by 20%

The terminal at the Port of Manzanillo moved 708,000 TEUs of merchandise during the first half of 2008, an increase of 20 percent.

Friday, July 11, 2008

A TEU is a "Twenty-foot Equivalent Unit," the unit of measurement for container-based traffic. Most containers are 20 feet or 40 feet long.
Port manager Carlos Urriola attributes the higher volume to the growth of the construction industry in Panama, and added that growth is likely to continue.
The Panama Canal Authority predicts that by Dec. 10 it will receive technical and economic proposals from those interested in designing and building the third set of locks.
For the period January-May the Panamanian port system has moved 1.725 million TEUs, an increase of 9.5 percent over last year.

More on this topic

Traffic in Puerto Quetzal Increases by 33%

September 2011

Despite this increase, there was a decrease in attended vessels.

In the first eight months of the year freight grew by 33% compared to the same period last year, reflecting the dynamism experienced by the ports of Guatemala this year.

The increase in cargo carried and the decrease in ships that arrived in Puerto Quetzal is explained in part by the larger ships being used now, which are able to carry more cargo than before.

Shipping Companies Avoid Mexican Ports

April 2011

Guatemalan importers and shipping companies are avoiding using Mexican cargo ports, due to increased scrutiny by customs authorities.

The problem affects mostly the ports of Manzanillo and Lázaro Cárdenas, but its effects have also been felt in other seven ports, which in total have handled 555.000 less containers per year.

Panama Ports: Bulk Material Handling Up 42%

July 2009

Cargo movement at ports rose only 10%, because other items such as containers and general cargo registered decreases.

Container cargo decreased 10.5% between January and May 2009 when compared to the same period of 2008, the largest drop among all port sectors. General cargo and 20 feet container movement also decreased, 3.3% and 3.7% respectively.

Cargo at Guatemala ports decreases

December 2008

Some 300 thousand metric tons less than last year were imported at Port Quetzal.

Maria Isabel Fernandez, the executive director of the National Port Commission (CNP), said that the reduction in bulk solids and liquids (petroleum); however, the handling of containers grew 6% compared to 2007.

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