Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

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.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber
Banana trade going well

Ecuador: The ports of Guayaquil

2017 was a good year for the three main private ports of Guayaquil as a whole, but spectacular for TPG (Inarpi, Saam group of Chile). It grew a little more than 179% (containers trade), and is now the second most important the city.

Meanwhile, the most important concessionaire of the Port Authority (APG), Contecon, suffered a slip and last year let out one of its best customers, CMA-CGM.

Last year, the installation of two huge cranes brought from China to the Trinitaria island brought the future in focus, which is confirmed today. TPG-Guayaquil Port Terminal-went from 210,000 to more than 588,000 20-foot containers, between 2016 and 2017, according to the latest Port Statistics Bulletin.

But TPG was not the only one that grew. The private Bananapuerto, of the multinational Dole, and Fertisa, of the Wong Group, built a business based on the most important cargo the country has: bananas. These two business groups are the two largest banana exporters in Ecuador and ship their fruit through their own ports.

Bananapuerto handled about 37,000 more containers, which in volume equals a growth of 381,430 tons. In total it reached 299,390 TEUs. And more investments were announced, at the end of last year, of 22 million dollars to expand its docking front.

Lastly, according to ecuadortimes.net, Fertisa, of the Wong Group, the second banana exporter, moved a 70.67% more load, not only bananas, to be located with a volume higher than 1.7 million tons.
Publication date:

Related Articles → See More