Essential Port Infrastructure

The 70% growth in cargo movement through the port of Corinto in the last five years reflects the imperative need for Nicaragua to invest more in port infrastructure.

Wednesday, August 30, 2017

Even though container movements through Nicaraguan ports are still significantly less than that through other ports in the region, the increase in sea freight traffic and its growth potential compel the government and the sectors involved to think about options for increasing port capacity.

Gustavo Viales, president of the Nicaraguan Association of Shipping Agents (ANAN), reported that "... an average annual growth has been registered of 21% in port management in Corinto ...'Corinto has already become too small and we now need better conditions, both from the point of view of logistics equipment, and space, we are talking about infrastructure, and how to streamline it, how to make all procedures more efficient, without losing sight of the controls over goods which must be in place."

Laprensa.com.ni reports that "...Marvin Altamirano, president of the Nicaraguan Carriers Association (ATN), agrees that Corinto urgently needs more equipment in order to speed up shipping, while in Cortes, Honduras, each container is dispatched in 4 or 5 minutes, in Corinto it takes half an hour to two hours."

Lack of port capacity to meet the current demand on the Pacific side is compounded by the absence of a deepwater port in the Caribbean. "... In consultation with trade union representatives on the question of whether Nicaragua really needs a deep-water port in the Caribbean, having competitive ports in neighboring countries, they agreed, as exporting through the terminals of Honduras and Costa Rica is an odyssey."

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Losses Due to Lack of Port Infrastructure

May 2018

Only days after two shipping companies announced the partial suspension of their operations in Puerto Santo Tomás, authorities at the terminal reported that 90% of the Salvadoran cargo has been lost.

The president of Empresa Portuaria Santo Tomas de Castilla (Empornac), Bayron Monterrosa, explained that they have lost almost all of the cargo from El Salvador, which represented 20% of the port terminal's operations. 

Advances in Port Modernization Plan

March 2018

A $130 million loan is being negotiated with the BCIE to begin, at the end of the year, improvement works at the port of Corinto.

Representatives from the National Port Company (EPN) explained to Elnuevodiario.com.ni that in addition to the terminal's modernization plan, which would "...

Nicaragua: Favouritism in Puerto Corinto

September 2015

Albalinisa has been accused of apparently having more rights than others in using services at the port.

Business owners are complaining that "... 'Albalinisa always has priority, and drivers or carriers, even though they have their documentation ready, have to wait until they process the cargo of that company first', explained Marvin Altamirano, president of the Shipping Association of Nicaragua to Trincheraonline.com.

The Inefficiency of Puerto Cortes

July 2012

Shipping businesses in El Salvador are warning that cargo needing to go near Puerto Cortes, is better of going through Guatemala or Costa Rica.

The inefficiency of port services and lack of infrastructure is forcing companies to send their cargo through ports in Guatemala and even Costa Rica.

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