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Port of San Antonio leads the way in Latin America

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Chile’s San Antonio Port achieved the biggest increase of box traffic in all of Latin America in 2013.

According to BNamericas’ Infrastructure, Water & Waste Stats Report, Chile’s largest container facility moved as much as 1.23 million TEU during the twelve-month period, a rise of 15.1 percent year-over-year, higher than Buenos Aires, Lázaro Cárdenas and Kingston.

San Antonio’s growth dwarfed that of local rival Valparaíso, the country’s second largest port, where volumes slipped 3.4 percent to 0.94 million TEU. Chile is looking to triple its container capacity come 2020 with the build of a US$3billion port complex between San Antonio and Valparaíso.

Elsewhere in the region, Panama’s major port saw throughput drop 4.3 percent to 6.86 million TEU. However, volumes in Panama are expected to jump considerably in the coming years with the Panama Canal Expansion Project due for completion at the end of 2015.

In Brazil, where the government is planning to upgrade the country’s port infrastructure to the tune of $24 billion, its largest port in Santos posted growth of 8.7 percent after handling 3.45 million TEU. In Mexico, where its government too is set to invest heavily in its own port sector over the next five years, the Port of Manzanillo moved 2.14 million TEU in 2013, a rise of 7.2 percent.

Cartagena Port in Colombia saw volumes plunge 7.8 percent to 1.87 million TEU, according to the new report.
 

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