Dohwa Engineering, a South Korean firm, will be in charge of the feasibility study for the expansion of the maritime terminal in El Salvador.
The feasibility study for the Development Plan of the Port of Acajutla, will provide technical guidelines to execute the necessary investments, expand and upgrade its facilities, in addition to improving the operational efficiency of the port.
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.
Maersk Group has announced that once it signs the new concession contract it plans to expand the capacity of the container terminal in order to go from transporting 250,000 TEUs to 600,000 TEUs.
Susanne Marston, representative of APM Terminals, told Diario de Centroamerica that among the company's plans is improving conditions at the terminal, investing $80 million in expanding capacity for container management.
Plans are being made for a project in Puerto Santo Tomas de Castilla to construct infrastructure for the operation of bulk cargo ships.
The promoter of the project, Comercializadora Pahame S.A., stated in the Environmental Impact Assessment (EIA) submitted to the Ministry of Environment and Natural Resources, that the development is to be called "Technical services and authorization for loading and unloading of ships carrying solid bulk cargo through a new installation of floating and removable pontoons, independent of the current berths belonging to Empornac".
The expansion of the port of Armuelles, expanding the capacity of the port of Vacamonte and studies to improve the capacity of agricultural bulk cargo in Aguadulce are part of the projects expected to be granted in concessions in Panama.
The Canal expansion has forced the upgrading and expansion of the capacity of the country's ports, for which reason the Maritime Port Authority (AMP) is studying the feasibility of improvements in some of the terminals and others have already started tender processes, such as the case of the port of Aguadulce, where "... a best value tender will be held for the existing facilities and verification of the capacity for its expansion so that it can accommodate a component for agricultural bulk cargo."
Now May 28th is the "confirmed" date for the submission of bids in the tender for the Central American Port of La Union.
According to the Executive Port Commission (CEPA), resolutions have been given to 63 queries put forward by four companies which have pre-qualified to participate in the tender, and because of this there will be no further changes to the date for receiving bids. See Will La Union Port Be Tendered One Day?
Port of Singapore Authority plans to invest $400 million in its container terminal in Rodman, to increase capacity by two million TEU's and accommodate vessels carrying up to 24 rows of containers.
The construction of two additional docks and installation of eight gantry cranes is expected to allow for "... accommodating vessels with up to 24 rows of containers." With this project the aim is to expand port capacity at the Pacific entrance to the Canal.
Shanghai Haojun Investment & Management is interested in participating in the project to build a road between Puerto Armuelles and a complementary port on the Atlantic coast.
Companies interested in the concession are not yet clear how the dredging of the access channel to the port will be financed and what impact will have the cost on the profitability of the project.
According to authorities at the Autonomous Executive Port Commission (CEPA), the cost of dredging must be assumed by the government of El Salvador, through them. However, the government has not included this project in its budget.
The Guatemalan sugar industry has proposed the government to co-invest in the expansion of terminal facilities in order to increase capacity and make it more competitive.
In an attempt to improve the conditions of the port terminal and restore the competitiveness of Guatemalan exports, the guild of sugar millers is willing to invest in the expansion of Port Quetzal.
Businesses in the province of Chiriqui in Panama are proposing the construction of a four-lane highway between the East and West coasts in order to facilitate trade and to ease access to international markets.
Businessmen grouped under the Competitiveness Council of Chiriqui are hoping to improve the competitiveness of their products and exploit the potential of the international market, which is why they will be presenting to the government a proposal to create a corridor between the provinces of Chiriqui and Bocas del Toro in order to facilitate the transfer of goods to ports.
The cost to the U.S. economy caused by delays in the expansion of the Canal could be a decisive factor in the search to find the necessary funding to continue the work.
An article in Prensa.com reports that "The United States underlined today, Friday, the 'importance' for international trade and its own trade in the 'timely' completion of the works on redevelopment of the Panama Canal and hoped they a 'rapid resolution' would be found to the conflict so that the works can be resumed as soon as possible. "
Panama Ports Company needs the lands near Corozal but these belong to the Panama Canal Authority which intends to build a new port.
"They are our (lands) and we will use them for our activities and they are not available to be sold to anyone," said Jorge Quijano, Canal administrator.
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