You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

App icon
FreshPublishers
Open in the app
OPEN

Caribbean port sees increase of 13.44%

The Colombian Caribbean Port of Cartagena is having an encouraging 2014: for the first three quarters, the container terminal, Contecar, handled 1,613,570 teu, an increase of 13.44% over the corresponding period in 2013. Combining the traffic handled at this specialist terminal with others operated by the port company, SPRC, the forecast is for an end-of-year throughput figure in the region of 2,165,270 teu, an increase of around 16% over the 1,865,233 teu handled last year.

The port attributes this strong position to both a recovery in the health of the leading global economies and also to the fact that some services have switched their transhipment traffic from other Caribbean terminals to Cartagena. A spokesperson highlighted to Port Strategy the advantage of being able to offer high levels of connectivity when compared with rivals, serving more than 595 ports in 136 countries via 30 shipping lines.

At present, an average of 70% of the port's container traffic is in the form of transhipment – and this has been rising year-on-year in recent times. As to why Cartagena continues to be able to attract so much box traffic rotated in and out by sea, the port company points out that this is a function of its geographical location, with the Caribbean a natural hub for the Americas. Over time, it has become the effective regional hub for Hamburg Süd, Hapag Lloyd, CSAV, CCNI and CMA-CGM, while also functioning as a logistics distribution centre for a variety of international clients, such as Pirelli, Bayer, Red Bull and Direct TV. Other lines, including Maersk, NYK, Marfret, Melfi Marine and Norasia are also involved in transhipment activities at the port.

Please click here for the full article at portstrategy.com.

Publication date:

Related Articles → See More