Raining Logistics Investments at U.S. ports

The Panama Canal expansion has generated a wave of investment in port infrastructure, especially in warehouses and distribution centers.

Friday, December 21, 2012

While waiting for the opening in 2015 of the expanded Panama Canal, the ports of the United States are preparing to compete for the lucrative increase in trade that is coming.

Developers, investors and the logistics industry are counting on ports, confident that these will be the main beneficiaries of the expansion of the Canal, which is expected to provide a big push for ports on the East Coast and the Gulf of Mexico, and for the logistic facilities strategically located near them.

The various effects of the Canal expansion will change the equation of logistics in the U.S. The duration of sea routes, capacity and costs will play key roles in post-expansion logistics decisions. It is expected that the improved times for shipment to east coast ports will reduce the current price advantage that the rail transportation route between the two coasts has.

Currently West Coast ports account for the bulk of imports, while East Coast, located closer to the manufacturing centers, manages more exports.

More on this topic

Post-Panamax Vessels and Ports in the Region

November 2012

It is not only the ports on the South and East Coast of the U S that have to make provisions for the expansion of the Panama Canal.

Ports in the Caribbean and Latin America will also have a before and after the expansion of the Canal.

Post-Panamax ships require more depth in the access channels to ports and their docks, and this means adjustments to infrastructure need to be made early enough in order to stay in the market as shipping destination, after the inauguration of the new Canal in 2014.

Impact of Canal Expansion on U.S. ports

February 2012

The Port of Houston is one of the many ports of the East coast of the U.S. that needs to be prepared to handle post-Panamax ships and their cargo.

Panama is not the only place where the canal expansion is creating greater expectations.

The Port of Houston is getting ready and refining its plans for 2014, when the expanded Panama Canal will be reopened, investing $3 billion in the modernization of berths and cranes for the expected moment.

New Cruise Port Could Also Provide Fuel

October 2011

A proposed cruise port in Amador, Panama, could also serve to supply bunker fuel for ships.

The location of the new terminal, the Amador Causeway, is located near Balboa storage tanks, which has caught the attention of representatives from several cruise companies.

Ernesto Orillac, Deputy Administrator of the Panamanian Tourism Authority, said the new port and the expansion of the Panama Canal will open new routes for cruise lines connecting the east coast of the United States to the Pacific.

Marketing the Canal Expansion

October 2011

The Panamanian Canal Authority has agreed with U.S. ports to cooperate in advertising and marketing the new possibilities offered from 2014 onwards.

Under the framework of a permanent strategy, the Panamanian Canal Authority (ACP) has been forming strategic alliances with Eastern and Southern ports in the U.S., such as the ports Everglades, Florida, New Orleans, Louisiana, Philadelphia, Pennsylvania and Corpus Christi and Freeport in Texas. More deals are expected to be announced in the coming months.

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