The operator of the terminal in Guatemala has announced plans to invest $50 million, increasing the terminal's capacity from 455,000 to 630,000 TEUs in 2019.
Chiquita, the concessionaire of Puerto Barrios, plans to increase by 1 million TEUs the total capacity of the terminal in a second and third expansion phase in the period 2025-2035.
Del Monte has replaced Chiquita in the attempt to revive banana production in the 1,765 acres owned by the cooperative of former employees, in Chiriqui.
Previous negotiations were suspended earlier this year when the sale was announced of Chiquita Brands to the Brazilian consortium Cutrale-Safra, who requested an extension of the deadline for negotiations until next December.However, the company Del Monte has also shown interest in reviving the bananalands, and will be reviewing and updating its proposal for presentation at the next meeting to be convened in eight days.
The Brazilian company Cutrale-Safra, the new owner of Chiquita Brands, has stopped the negotiations which had been taking place with the Agricultural Association to rent the land and resume production at the banana plantation.
The directors of Cutrale-Safra consortium requested more time to analyze and review the financial information of Chiquita Brands, temporarily suspending negotiations which were being held with the Agricultural Association Rodolfo Aguilar Delgado (Aparad) to revive the cultivation and production of bananas in Baru.
Del Monte could withdraw its proposal to revive production in the area if the former employees and the government do not reach an agreement soon.
The American company Del Monte could withdraw its proposal to boost bananaproduction in Baru if the former employees of Cooperativa de Servicios Múltiples de Puerto Armuelles (Coosemupar) and the Government do not soon reach an agreement to select Del Monte or Chiquita Brands for the activity.
The transnational wants to make an agreement for production with the owners of the 1,765 smallholdings in Baru which resulted from the liquidation of Coosemupar.
The former banana workers in the area obtained the aforementioned number of titles to the land individually and are looking for a revival of production and employment sources.
Both Chiquita and Del Monte are participating in the auction of 3,100 acres that were part of the former grounds of the now defunt Coosemupar
Both companies are in talks with the Government and former employees of Cooperativa de Servicios Múltiples de Puerto Armuelles. A report by Ana Giselle Rosas de Vallarino, executive director of the Panamanian Autonomous Cooperative (IPACOOP) has revealed that with the money from the auction, the government will have to pay $17 million as payment of the worker-employer fee and other debts to suppliers .
The company will have to pay a total of $12.2 million for having fixed prices with the banana producer Chiquita.
Between June 2004 and April 2005 two of the most important importers and marketers of bananas in the world negotiated in order to agree on sales prices, thus distorting competition in the market.
Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand. The OHNE brand has 8 product lines: square bread, sweet...
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...
Beverage Industry Digital Magazine established in 1942, the oldest Spanish trade journal and the only beverage trade magazine serving the Latin American beverage market. It serves soft drink bottlers, brewers, bottled water...
español
2365
