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.

Source: elfinancierocr.com

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