Guatemala: Worries about high maritime tariffs

Maritime shipping rates for cargo have no gone down despite the reduction in the price of oil on the international market, according to importers and exporters.

Wednesday, January 7, 2009

According to, "Jean Paul Brichaux, executive director of the Council of International Transport Users of Guatemala (Cutrigua), explained that the shipping agencies increased their rates between May and August to up to $700.

According to the director of Cutrigua, the $80 difference in the price of oil from July ($147) to October ($60) should be reflected."

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Guatemala: Maritime Freight to US More Expensive

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Shipping companies are preparing to increase by between 10% and 12% the rates for maritime transport from Guatemala to the United States.

These increases have yet to be confirmed by the Federal Maritime Commission of the United States, explained Rolando Coronado, president of the Shipping Association of Guatemala, but the export sector predicts a deterioration in competitiveness.

Puerto Quetzal: Incentives for Intrarrregional Traffic

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Quetzal Port Company is offering a special rate with discounts up to 50% for ships carrying cargo whose origin and destination is Central America.

This project seeks to promote short sea shipping between the ports of Quetzal in Guatemala, Acajutla in El Salvador, Corinth in Nicaragua and Caldera in Costa Rica, and in this way reduce land freight traffic between countries in the region.

The Maritime Industry Impacted by the Crisis

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Compared to the 2007 record of 8 billion tons in transports, global maritime commerce fell substantially in 2008, dragged down by the crisis.

A good indication of this is the decrease in the Baltic Dry Index, which is composed of the prices of the maritime transportation of dry cargo.

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The accelerating rise of fuel prices has passed through to increase the cost of operating maritime fleets.

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