Puerto La Union Operates at 15%

In its first year of operation the Salvadoran port has handled 150.000 TEUs, while it's capable of moving one million.

Tuesday, February 1, 2011

The director of the Board of the Maritime Port Authority (MPA), Fredy Villalta, said that in order to achieve a balance in operations they need to handle between 300 and 400 thousand TEUs, adding that "we need external cargo."

"This external cargo must be sought outside the country, he said, and that's where it is clear that the promotion by the Autonomous Executive Port Commission (CEPA) has not achieved the desired results. ... instead of marketing just to shipping companies, this must be coordinated with the companies who decide which ports and routes to use."

More on this topic

More Delays in Award of Puerto La Union

January 2014

Four years after its inauguration, the white elephant of El Salvador still has no operator.

The Autonomous Executive Port Commission (CEPA) has postponed for even longer the designation of the company that will operate the Port of La Union. The organization has added to the calendar a direct dialogue with companies interested in the port, which has put back the invitation to take part in the tender until at least February.

More Delays for Puerto La Union

June 2013

The Via Crucis of the concession award for Puerto La Union continues now with the postponement of the date announced for the tender, until October.

The prequalification process for companies interested in managing the infrastructure will start on July 3 and finish on September 16.

Renewed Interest in Puerto La Union

June 2012

Ten international companies have shown interest in operating the Salvadoran port and investing $30 million in renovating its infrastructure.

More than 10 international companies from Europe, Asia, America and Latin America have submitted bids for the administration of Puerto La Union, although the tender process will be carried out during the rest of the year, said Alberto Arene, president of the Executive Committee of Autonomous Ports (CEPA in Spanish).

Requirements Defined for Puerto de La Union Concession

June 2011

The Salvadoran government has announced the conditions to be fulfilled by companies who operate, under the form of concessions, at the new port.

Having a minimum capital of $50 million and experience in cargo handling of at least 800 000 TEUs (a TEU is equivalent to a 20-foot container) are two conditions that companies who choose to participate in the tender for the concession of the port must comply with.

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