La Union opens for business
El Salvadors La Union port opened on May 31, after receiving the ship and port facility security code (ISPS code) approval required to begin operations, an official from maritime ports authority AMP has confirmed.
ISPS approval was the only pending requirement for the port to open for business.
The port, which cost over $180m to build, will start operating with second-hand gantry cranes that cost $5m. Authorities plan to invest $24m in additional equipment.
La Union will have capacity to handle 50,000 teu in what remains of 2010, and 300,000 teu each year after that.
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