Port of Balboa: A transfer option

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.

Tuesday, November 25, 2008

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

The load which they carry is distributed to feeder boats (of smaller sizes) and sent to the east coast of Central and South America (Colombia, Ecuador, Peru, Chile, Costa Rica, Guatemala, Nicaragua, El Salvador, Honduras and Mexico).

More on this topic

The Container Transshipment Business

October 2015

In order to analyze the impact that Panama Canal expansion will have on this sector it is necessary to dissect the current numbers on movement and transshipment of containers in Latin America.

From a report by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC):

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.

Panama Ports: fastest growing in Latin America

July 2009

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

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.

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