Of the 20 major ports in Latin America, Colon (MIT, Evergreen and Cristóbal) was placed first with 3.3 million TEUs or 20 foot long containers mobilized in 2011, followed by Balboa with 3.2 million and Santos (Brazil) 2.9 million, reported Prensa.com.
In 2011, 41.3 million TEUs were moved in Latin America and the Caribbean, an increase of 11% compared to 2010. Despite the growth, the region maintains its share of around 7% of world movements, according to an ECLAC report.
Last year, global port movement of containers totaled 563.7 million and was led by Asia (excluding China) with 31.1%, 175 million, followed by China with 29.1% (164 million TEUs). In third place is Northern Europe with 62 million TEUs and a 11% stake. Asia (including China) accounts for more than 60% of container port traffic in the world and Europe (including the Mediterranean) 18.2%.
Panama's Colón and Balboa are first in Central America (2 and 3 in Latin America), followed by Limón in Costa Rica (13), Cortés in Honduras (22), Santo Tomás (29), Puerto Barrios (31) and Quetzal (36) in Guatemala.
The economic crisis in the region last year reduced port activity in Latin America and the Caribbean, according to a recent ranking prepared by ECLAC.
In January and February, 190,000 fewer TEUs were moved than in the same period of 2012, when the figure was 1,000,218 thousand TEUs.
"The country's five terminals (Balboa, Manzanillo International Terminal, Colon Container Terminal, the Port Authority of Singapore and Cristóbal) reported one million 28,000 TEU's (a unit equivalent to a 20 feet long container) in the two months," noted an article in Prensa.com.
In the first quarter of 2014 cargo movement went up by 6.8% compared to the same period of 2013, after almost two years of decline.
Capital.com.pa reports that " ... the Panamanian Atlantic ports which are Colon Container Terminal (CCT) , Manzanillo International Terminal (MIT) and Christobal, operated by the Panama Ports Company (PPC), a member of the HPH Group, moved 501,747 containers in total, putting them in second place in the regional ranking for 2014 " ... behind the Port of Santos, Brazil.
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