NORTH AMERICA

Montevideo could oust BA

21 years ago

The current level of container traffic at Buenos Aires which handles practically 90% of Argentinas box traffic, is commensurate with the box boom year of 1998. However, analysts are warning that the high cost of doing business there could ultimately result in Buenos Aires being downgraded to a feeder port.

However, the concession route has not been adopted for the upgrading of facilities and Quay 5, at least not for the moment.

Deepsea calls may switch to either a Brazilian hub port or to nearby Montevideo which has snatched at least 30% of the traffic that formerly went through the Argentinian port.