Master concession favoured for El Salvador

Acajutla Port
Industry Database

Hugo Barrera, president of El Salvador's national ports authority, CEPA, has told Port Strategy that, of the 14 parties to show an interest in the country's ports privatisation programme, 85% favour a Master Concession. Signficantly, any concession could also include the national rail network.

Once CEPA has concluded the definitive model to be adopted, legislation will have to be passed in parliament to allow the entire port system to be handed over to a concessionaire, which will be for a period of 25-30 years. Pre-qualification is expected to be undertaken in the first quarter of next year, with an award scheduled for August 2008. Both DP World and Katoen Natie have indicated a strong interest in the concession.

Forming part of the bundle will be the existing port of Acajutla and the under-construction port of La Unión. While the former was conceived of as a bulk handling facility, it witnessed a 22% hike in box traffic last year, with throughput of 123,000 teu; for this year, a further 17% increase in forecast. This growth in box traffic, says port director Francisco Portillo, is mainly the result of a 25% cut in port rates introduced three years ago, but also reflects the growing containerisation of cargo in the region. To date, it is the only port in the country capable of handling containers, he adds.

While La Unión will also handle bulks, its deep draught will also allow it to accommodate containerships of up to 6,500 teu. The location of this new facility could result in a regional transhipment hub being established there, says project director Santiago Aguilar. The initial 500,000 sq m phase, being built by the TOA Jan de Nul consortium, is scheduled to enter operation in November 2008 at a cost of $131m.


Breakbulk Events & Media Supports Project Cargo Summit in Rotterdam

Breakbulk Events & Media Supports Project Cargo Summit in Rotterdam Read more

Antwerp XL attracts key stakeholders from across the breakbulk industry

All new exhibition for the breakbulk sector, Antwerp XL, has received support from breakbulk special... Read more

Papeete launches smart port transformation with Ci5 First commercial success for the Cargo Intelligent System

The Papeete Port Authority (PAP) is entering the smart port era with Ci5, a Cargo Intelligent System... Read more

Jade Logistics leads Indonesian ports into a digital future

Christchurch, 06 July 2018 – PT Pelabuhan Indonesia I (Pelindo I) has chosen the terminal operating ... Read more

Gantrex has recently announced the launch of a whole new product category to its portfolio, the TrenchLok™ Cable Trench Cover.

Gantrex’ TrenchLok™ cable trench cover, efficiently and economically protects cranes’ power cables f... Read more

TGI Maritime Software launches «Hazardous» and «Yard Management» modules

TGI Maritime Software launches two complementary modules allowing yard optimization and hazardous co... Read more

View all