The megalopolis and the pivot points: port mergers - part 3

24/02/2014

There are some ports whose success is based upon a correct prediction of container shipping developments – there is more than one instance where the introduction of a hub-and-spoke transhipment port has changed box shipping patterns, giving carriers and cargo owners advantages of greater economies ...

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Lou Roll
February 24, 2014 at 2:02 pm
In Panama, there is a new terminal project under way on the Atlantic side, PCCP – Panama Colon Container Port, on Isla Margarita, close to Evergreen CCT terminal in Colon. It is backed by Asian investors and the real estate group Jones Lang LaSalle, and is scheduled to open at end 2014, with an operator still to be announced).

There is also another project which is officially being considered on the Pacific Coast, in Corozal, adjacent to Balboa.

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