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Volume 16, Number 5
April 8, 2010

economy

Also in this section:
Bosco has to back down on garbage truck contract
The changing cruise industry
Maybe not the new symbol of Panama City
The government's labor relations
When public corruption kills, the government pays no damages
Brazilian interest rates
Hatred as a business factor
Martinelli complains about Obama at Cartagena Summit
Slow container port activity across the region last year



Manzanillo International Terminal. Photo by Young in Panama (Creative Commons)
 
The Santos port in Brazil continues to have the most activity in the region, followed by the Colon and Balboa complex in Panama
Container port movements in Latin America dropped 6.8% in 2009
by the Economic Commission for Latin America and the Caribbean (CEPAL)

The economic crisis in the region last year reduced port activity in Latin America and the Caribbean, according to a recent ranking prepared by CEPAL.

The ranking Containerized Port Throughputs 2009 - Latin American and Caribbean Countries, prepared by CEPAL's Unit of Infrastructure Services, reveals that container movements in 20 of the region's main ports as a whole fell 6.8 percent from 2008-2009.

In some cases, this reduction was over 30 percent. However, this did not alter ranking positions significantly with regard to 2008.

Although still leading in the ranking with 2.25 million TEUs (Twenty-foot Equivalent Unit) in 2009, the port of Santos, in Brazil, nonetheless experienced a 15.7 percent drop in activity.

Santos is followed closely by the port complex Colon and Balboa in Panama, with 2.21 and 2 million TEUs, respectively. Activity in both of these ports also fell with regard to the previous year.

Of the 75 ports included in CEPAL's ranking, only five had higher TEUs, although in several cases, this increase is due solely to a greater handling of empty containers.

The port of Cartagena in Colombia is the only one in the "club of a million TEUs" that increased its activity, by 7.65 percent, from 2008-2009.

According to CEPAL, the situation in the region is not too different from that of the rest of the world, which also experienced lower containerized port throughputs in 2009.



Also in this section:
Bosco has to back down on garbage truck contract
The changing cruise industry
Maybe not the new symbol of Panama City
The government's labor relations
When public corruption kills, the government pays no damages
Brazilian interest rates
Hatred as a business factor
Martinelli complains about Obama at Cartagena Summit
Slow container port activity across the region last year


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