As a result of the global trade imbalance that has become evident in the last year and the considerable increase in logistics costs, Guatemalan importers are beginning to look to Brazil as an option to replace purchases from Chinese companies.
In early March of this year, CentralAmericaData reported that as a result of the imbalance faced by world trade flows, shipping lines have changed their routes and prefer to move empty containers to Asia, a situation that at that time already generated shortages and caused increases in transport rates.
The time and cost of maritime routes between Costa Rica and China, and the capacity that the food industry develops to take advantage of existing opportunities, are factors that in the coming years will influence the evolution of the FTA signed between the two countries.
Ten years after the entry into force of the Free Trade Agreement between China and Costa Rica, Costa Rican authorities assure that they are in a continuous negotiation process involving the National Animal Health Service (Senasa) and the State Phytosanitary Service (SFE).
Due to the imbalance in world trade flows, shipping lines have changed their routes and prefer to move empty containers to Asia, a situation that generates shortages and causes increases in freight rates and raw material prices.
In this scenario of new commercial reality, the operating costs of maritime freight have been impacted, since due to the restrictions imposed in several countries around the world, containers have been stranded.
In Honduras, tugging services are being tendered for the execution of docking and undocking of ships, for the maritime terminals of Cortés, Omoa, Tela and San Lorenzo.
Honduras Government purchase LPI-ENP-01-2020:
"Consists of providing docking and undocking services in Puerto Cortés and Omoa with a minimum of 2,400 operations between two tugboats in the twelve months, redocking service in the Port of Tela that includes time for the vessel to be kept and the crossing.
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.
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.
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.
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.
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.
China Ocean Shipping Company began operating the new maritime service that will connect Port Moin, in the province of Limon, with Shanghai, in China.
The service began operating last September 22, when the ship of the Chinese government's shipping company arrived at the Moin Container Terminal, and left on September 23 after loading products such as pineapple, banana, meat and orange juice.
Since mid-July, the main companies transporting maritime cargo from the Port of Santa Tomas in Guatemala stopped operating the direct route to Europe, which will raise between 20% and 25% the costs of imports and exports.
After six decades of keeping the direct route to European ports in operation, the main shipping companies departing from Puerto Santo Tomás de Castilla in Izabal such as Maersk, Hamburg Sud, MSC, CMA-CGM, Hapas Lloyd and Sea Trade, decided not to re-operate the route concerned, leaving only one company with a multipurpose transport ship as an option to move cargo to Europe.
After recording a 10% increase between 2016 and 2017, last year the movement of maritime cargo in Panama grew just 2% over the previous year.
The most recent figures of the General Comptroller of the Republic detail that during 2018 the movement of containers in the National Port System totaled 7 million TEUs, 1.7% more than the 6.89 million TEUs reported in 2017.
From January 1st, 2020, the concentration of Sulphur in the fuel consumed by maritime transport vessels must not exceed 0.5%, a limit that until now was at 3.5%.
The international modifications related to the supply of fuel oil or marine fuel, which were approved by the International Maritime Organization (IMO), will apply to all vessels sailing in the world.
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