Shipping companies are seeing a decrease in the volume of maritime cargo and their earnings, and have begun to pressure the Panama Canal concerning the toll.
The Panama Canal Authority has set a price increase schedule for the Canal toll for 2009 and 2010, and the large shipping companies, which are experiencing a decrease in earnings due to the drop in maritime trade, are looking for ports where they can operate a lower cost. Ports on the eastern United States could be an option for ships coming from Asia and eventually more profitable than going through the Panama Canal.
Strategically located on the western Gulf of Mexico, Port Corpus Christi is the sixth largest port in the United States in total tonnage.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (1) 361-882-7110