Currently, transporting goods by sea between Central American countries can increase freight costs by at least 60% compared to the land option, which represents an obstacle to changing the way goods are transferred in the region.
As a result of the closure of the Penas Blancas customs crossing, on the border between Costa Rica and Nicaragua, some businessmen in the region had to resort to the sea route in order to deliver their orders.
The Costa Rican Petroleum Refinery tenders the construction of the filtration systems in the marine lines and polyduct in the Moin Terminal, located in the province of Limon.
After the Quetzal Port Company of Guatemala and the Port of Chiapas, Mexico, signed an agreement for strategic commercial promotion, it is expected that in May the short sea route will begin to operate.
The potential offered by the Port of Chiapas as a logistic node for commercial exchange from and to Central America, as well as with other international markets, makes it a strategic place for the promotion of the Short Sea Shipping (SSS) project with Guatemala and eventually with other Mesoamerican countries, informed the Mexican Secretariat of Communications and Transport (SCT).
In Costa Rica, exporters insist that rates be renegotiated at the Moin Container Terminal, since currently the cost of moving a container at that terminal exceeds by about $207 what was paid at the Japdeva docks.
The president of Guatemala offered the neighboring country to explore the possibility of El Salvador having a maritime cargo terminal in the Guatemalan Atlantic, a proposal that generates doubts among exporters.
The announcement was made on January 27th, during a meeting between Alejandro Giammattei and Salvadoran President Nayib Bukele, on the occasion of the signing of the open skies agreement.
Between January and November 2019, the national port system continued to record positive numbers, as 85 thousand metric tons of cargo were mobilized, a figure 11% higher than that reported for the same period in 2018.
The General Comptroller of the Republic reported that only last November there was a 10% year-on-year increase in cargo movement, rising from 7.5 million metric tons in the eleventh month of 2018 to 8.2 million metric tons in the same period in 2019.
The Panama Chamber of Commerce requested the Panama Canal Authority to postpone the start of collection of the fee for the use of fresh water in the Canal, which would begin to be paid on February 15, 2020.
Between January and October 2019, the national port system mobilized 77 thousand metric tons of cargo, a figure 11% higher than that reported in the same period of 2018.
According to figures from the General Comptroller of the Republic only last October reported a 3% year-on-year increase in cargo movement, rising from 7.5 million metric tons in the tenth month of 2018 to 7.8 million metric tons in the same period of 2019.
Along with the possibility of investing $350 million in the construction of new facilities in the Puerto Caldera, in Costa Rica, comes the promise of more competitive maritime service rates.
The interest in developing the terminal expansion project has been expressed by SPC, the current concessionaire of the Costa Rican Pacific maritime terminal, and by DP World, the UAE state port company, companies that would invest in the construction of 800 meters of berthing area at a depth of 16 meters.
Because of the lower-than-projected volume of cargo shipped on the September and October services, the maritime route between Port Moin and Shanghai was suspended.
One year after the start-up of operations of the maritime terminal in Costa Rica, businessmen recognize that efficiency has improved, but insist that there should be a reduction in tariffs.
Between January and September 2019, in the national port system of Panama were mobilized 69 thousand metric tons of cargo, a figure 12% higher than that reported in the same period of 2018.
According to figures from the General Comptroller of the Republic only last September reported a 29% year-on-year increase in cargo movement, rising from 7 million metric tons in the ninth month of 2018 to 9.1 million metric tons in the same period of 2019.
Water and sanitation works in Panama, improvements to a seaport and improvements to a bridge are part of the investments planned for the coming months in the region.
The interactive system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are planned to be built in the coming months.
Costa Rican exporters are negotiating to change the frequency of the maritime route between Port Moin and Shanghai from monthly to weekly from February 2020.
After the cargo movement in Panama grew 2% in 2018 compared to 2017, in the first eight months of 2019 the volume transported totaled 60.1 million metric tons, 10% more than in the same period last year.
The latest report of the General Comptroller of the Republic details that only last August reported a 22% year-on-year increase in cargo movement, rising from 6.7 million metric tons in the eighth month of 2018 to 8.2 million metric tons in the same period of 2019.
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