españolPort Sector Slowdown in PanamaWednesday, September 5, 2012 A strong push in port activity in Panama ports during the first quarter of 2012 was followed by a rapid cooling off, and July registered a decrease of 5.5% compared to the same month in 2011. An article in Capital.com.pa reports that "The rate of growth of 20% recorded in the Panamanian port system in the first quarter of 2012 has faded month on month until July, with only a 9% increase versus the previous year. In real terms the Panamanian port system handled, up to July, the sum of 4,036,070 TEUs, compared to 3,698,408 TEUs in the same period in 2011. Tourist Port to Be Constructed in Momotombo, NicaraguaWednesday, July 28, 2010 A channel is already being dredged to allow access to the port that will stimulate tourism in the region. An article in Lavozdelsandinismo.com comments that, "the project will cost $1.4 million with the aim of promoting the development of local communities in an area featuring tourist attractions such as the Momotombo volcano and island, as well as the León Viejo ruins". In Favor of the Development at CorozalWednesday, November 9, 2016 The Panamanian private sector advocates approval of the bill that would give the operator of the port at Corozal the same tax benefits as other companies. From a statement issued by the Chamber of Commerce, Industries and Agriculture of Panama (CCIAP): Natural Disasters Disrupt Regional TradeFriday, November 20, 2020 Due to the tropical storms Eta and Iota, severe damage has been reported to the road network in Central American countries, and some border posts in Guatemala, Honduras and El Salvador have been suspended. Since November 17, operations were suspended at the El Corinto, El Florido and Aguas Calientes border posts. These areas, shared by Guatemala and Honduras, are not operational, according to the Guatemalan Superintendence of Tax Administration (SAT). Looking for Investors to Modernize Port HenecánThursday, August 10, 2017 The Hernández administration is looking for companies interested in modernizing and expanding the Henecán port terminal in San Lorenzo, Valle department. Representatives from the government met with the Ecuadorian company Yilport, who may be interested in the project. The aim of the Honduran authorities is to improve the infrastructure of the most important port for the country on the Pacific coast. An Indispensable Port in CorozalMonday, October 3, 2016 Panama risks losing out to regional competition in the logistics area if the project to develop a cargo port in the area of Corozal continues to be hindered. From a statement issued by the Chamber of Commerce, Industries and Agriculture (CCIAP): Port Modernization ProjectsTuesday, June 9, 2015 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." Controversy Over Port in CorozalWednesday, February 28, 2018 The Canal Authority has clarified there is no open tender for the concession of a container port in Corozal Oeste, and states that it will continue with evaluations in order to present new terms and conditions to develop the project. The Panama Canal has clarified that it does not have any tender in process, nor does it intend to receive proposals within the next few weeks for the concession of a port in Corozal Oeste, at the entrance to the interoceanic highway in the Pacific. Guatemala: Port Works for $20 millionThursday, February 18, 2016 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". Chileans Buy Concessions in Puerto CalderaWednesday, September 28, 2016 The multinational logistics company SAAM acquired 51% of the two concessionaires of the port terminal in Caldera, Costa Rica, for $48 million. From a statement issued by SAAM: Panama 2014: Cargo in Ports Up 2.9%Tuesday, January 13, 2015 In 2014 the port system showed better results than in 2013, with the mobilization of 90,000 TEUs, with the Port of Balboa recording the largest increase, of 5.6%. The five ports that make up the Panamanian port system moved about 6.7 million TEUs at the end of 2014, an increase of 2.9% compared to 2013, when 6.5 million TEUs were mobilized. On average, during 2014, 500 thousand containers of 20 feet were moved per month. Improvement of Infrastructure at Puerto CortésFriday, July 27, 2018 It has been announced that the port terminal will receive two new cranes valued at $26 million, an investment that is part of the project to expand and equip Pier 6. The Honduran Presidency reported that the two cranes, Super Post Panamax Ship-to-Shore, will be the largest in the region and will be installed on pier 6 of Puerto Cortés, which in recent years has been undergoing an expansion and modernization process. A Useless Port in the PacificMonday, September 4, 2017 Almost nine years after its inauguration, Puerto La Union in El Salvador is still not operating to its full capacity, and two years have now passed without a private company managing to take over its operation. The explanation seems simple: There is no market for this port in the Pacific. Puerto La Unión, whose construction ended almost nine years ago, has not succeeded because there is no demand for cargo. The president of the Autonomous Executive Port Commission (CEPA) himself, Nelson Vanegas, recognizes it. "..."The biggest problem is that there is no cargo. You can´t put the horse before the cart. You have to put first horse first, to pull the cart. This is a classic project in which they put the cart first, because there was no cargo'." Tender to reactivate Port in Punta CastillaTuesday, August 4, 2015 A call for expressions of interest has been made for the project "Reactivate, modernize and develop the port terminal of Punta Castilla, Trujillo, Colón" project. From a statement issued by the Commission for the Promotion of Private Public Partnership in Honduras (Coalianza): Ports of Honduras: $135 million InaccesibleWednesday, August 27, 2014 Although the financial resources needed to modernize the port of Cortés are available through an IDB loan which has already been approved, lack of implementation is preventing work from starting. The year 2014 had been set as the date when work would start on the modernization of the four main ports but the National Port Company (ENP by its initials in Spanish) has not been able to start and works are still paralyzed, despite having borrowed $135 million from the Inter-American Development Bank (IDB). |
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Friday, December 4, 2020 - last update: 4:13 pm
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