La Unión - Caldera Cargo Ferry Plan Abandoned

Due to a disagreement over the rates that should be charged for the service, the Spanish shipping company Odiel has ended the negotiation process to operate the ferry.

Tuesday, May 30, 2017

The project which was announced with great fanfare by the Solís administration almost two years ago, failed to make any progress due to the need to modify the regulation on multimodal transport service, and now the operator who was interested in providing the Service, Naviera Odiel, has decided to withdraw from the negotiations, because an agreement on tariffs could not be reached. 

See: "Bureaucracy Paralyzes La Union-Caldera Cargo Ferry"

The Deputy Minister of Foreign Trade, Jhon Fonseca, explained to Elfinancierocr.com that the Spanish shipping company "... failed to reach an agreement with the concessionaire administrator of the Port of Caldera on the subject of tariffs, therefore negotiations broke down and now we must look for another firm interested in operating the new ferry'You know that the rates have a floor and a ceiling defined by the Regulatory Authority of Public Services itself, and Odiel said it was dissatisfied with them. This is also to do with negotiations between private actors."

Two Mexican and two Chilean companies may be interested in presenting their offers to provide the service.

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More on this topic

Cargo Ferry Between La Union and Caldera Back On the Table

July 2018

In order to minimize some of the impact that the Nicaraguan crisis has had on intraregional trade, the governments of Costa Rica and El Salvador have announced that they are now in a position to start ferry operations.

After unsuccessfully trying to implement this maritime cargo transport option, in May of last year the Spanish shipping company Odiel decided to end the negotiation process to operate the ferry, due to a disagreement over the setting of tariffs that would have to be charged for the service. Since then, the project has been forgotten.  

Will there be a Cargo Ferry Between La Union and Caldera?

October 2016

In addition to the bureaucracy delaying the project, there is now also an assessment by the shipping company that will provide the service, in order to find a way to "make it profitable."

The project which was announced with great fanfare by the Solis administration one year ago, has not only failed to advance because of the need to modify the regulations on multimodal transport services, but also because now the Odiel shipping company is looking for customers and evaluating the expected profitability of the business, according to government representatives.

Bureaucracy and the Ferry Between La Union and Caldera

July 2016

A year after the announcement, the project to establish a marine cargo ferry between El Salvador and Costa Rica remains on paper.

Although it had been announced that the service would begin in late July 2016, it seems that the idea of a ferry transporting goods between the ports of Costa Rica and El Salvador at a base cost of $800 will not happen, at least for now.

Ferry Starts Between La Union and Caldera

March 2016

On July a ferry could be traveling by sea between the two ports on a 16 hour journey, plus time spent in ports, with a base cost of $800.

The long announced ferry between Central American Pacific ports could be ready to start operations, according to a joint statement by Naviera Bajos del Odiel and the Government of Costa Rica.

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