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Port of Cartagena passes 3m teu mark in 2020Port of Cartagena passes 3m teu mark in 2020

Cartagena, on the Atlantic coast of Colombia, has become the largest transhipment terminal in the Caribbean handling over 3m teu in 2020.

Michele Labrut, Americas Correspondent

February 3, 2021

1 Min Read
Cartagena HR
Photos: Port of Cartagena

Cartagena reported an increased cargo volume of 6.5% in 2020 and surpassing the 3m teu barrier to handle 3.13m teu.

Cartagena commercial director Giovanni Benedetti told Seatrade Maritime News: “It was the first time that we pass the mark of 3m teu. Last year, the terminal positioned itself as an important transhipment hub for the Caribbean area moving 2.3m teu, growing 7.7% in transhipment volume,”

Although figures show growth in volume, revenues fell slightly “because imports that decreased 9.5%, is financially more important for us as it brings storage fees,” he added.

 Exports grew by 4.4% boosted by a rise in dried and reefer products, the latter increasing by 56.6%. Cartagena added 800 plugs to a total of 4,000 plugs making the Colombian port the largest reefer terminal in the Americas. Avocados to Europe and the Mediterranean, and bananas are the main agricultural products. Some 60 boxes of bananas a week were exported to Korea in 2020.  

CARTAGENA-REEFERS.jfif

“We are careful on making plans for expansion - a few years ago, Cartagena invested $500m to increase capacity—but we will add six hectares of container yard. We entered in green technology installing 6,000 solar panels on our warehouses' roofs that bring 3.5MW of cheaper energy,” said Benedetti.

Related:APM Terminals finalises $200m Cartagena jv

The nearby port of Barranquilla also registered an increase of cargo in 2020 to 1.42m teu, up from 1.2m teu the year before.  

About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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