Latin America’s Top 50 Ports: Cartagena, Caucedo Grow
    19th April 2010

    Most of Latin America’s ports see declines, but some managed to expand despite the crisis.
    BY JOACHIM BAMRUD
     
    CARTAGENA – Although most visitors to Cartagena these days are busy attending major conferences at the convention center and the sights of the colonial area, the city is also increasingly becoming known as a major cargo shipment center.The Cartagena port (including SPRC, Contecar and El Bosque) has now become the fifth-largest container port in Latin America, according to the Top 50 Ports ranking from Latin Business Chronicle based on data from the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) and individual ports.Cartagena’s traffic grew 16.7 percent to 1.2 million TEU last year, according to data from SPRC Cartagena. That was the highest growth in real terms  — 177,159 TEU’s — among all the ports in Latin America. As a result, Cartagena moved up two places on the ranking. 
    The growth was mainly due to a three-fold increase in cargo handled at Contecar, one of the three terminals at the port. Contecar boosted TEU traffic last year by a whopping 299.9 percent to 265,481 TEU’s. That compares with a 6.4 percent decline at SPRC to 876,392 TEU’s. Both Contecar and SPRC have the same private owner, while El Bosque – the third terminal at Cartagena – is owned by a separate owner, also private. El Bosque saw container traffic grow 66.7 percent to 96,000 TEU’s.The reason for …

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