Better Logistics for Trade with Asia

The arrival of the first ships with capacity of 13 TEUs at the Panamanian port of Balboa is evidence of how shipping services are changing, a prelude to the opening of the expanded Canal.

Monday, January 11, 2016

Trips taken by cargo bound for East Asia with two major shipping companies in the world, Maersk Line and MSC, will be shorter, thanks to the port at Balboa now being able to manage ships carrying over 13,000 TEUs's, a capacity which is close to the amount carried by ships which will pass through the expanded Canal.

Capital.com.pa reports that, "... Maersk Line announced a direct service from the West Coast of South America to Japan for dry and refrigerated cargo. The AC3 service goes to the port of Buenaventura, Colombia, prior to arrival in Panama and later to the Mexican ports of Lazaro Cardenas and Manzanillo to cross directly to Yokohama, Japan, and continue on to their destination of major Asian ports. "

"... MSC, the second largest container shipping line and user of the Panamanian ports, also announced the rotation of its "Andes" service, which will be: Busan, Shanghai, Xiamen, Chiwan, Hong Kong, Busan, Manzanillo, Lazaro Cardenas, Balboa, Buenaventura, Callao San Antonio Coronel, Lirquen, Puerto Angamos, Callao, Lazaro Cardenas, Manzanillo, Busan ".

The publication reported that the faster travel time favors Panamanian products exported to the Japanese market, such as fishmeal, coffee, cattle byproducts, foliage, and scrap metal, among other things.

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