Panama’s top container ports are now the largest in Latin America, thanks to strong growth.
BY JOACHIM BAMRUD
The port of Colon in Panama has replaced Santos in Brazil as Latin America’s top container port, according to the sixth annual ranking of Latin America’s Top 50 Ports from Latin Business Chronicle based on data from the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).
Thanks to a 27.1 percent increase in container traffic last year, Colon managed to go from second to first place on the ranking. The port of Balboa in Panama also inched up on the ranking to second place, leading Santos to drop to third place.
Balboa posted a 37.1 percent increase in container traffic last year, the second-highest growth rate among the top 50 ports.
Santos performed well, but with a lower growth rate than Colon and Balboa: 20.4 percent.
All in all, the top 50 ports in Latin America boosted their traffic by ...
Latin Americas Top 50 Ports by 2010 traffic