Nicaragua unveils port investment strategy

A brand new port is to be built at Bluefields, on the Caribbean coast, while the Port of Corinto will be rebuilt and create a dedicated terminal for cruise ships Photo: luigipastran10/Pixabay/Pixabay License A brand new port is to be built at Bluefields, on the Caribbean coast, while the Port of Corinto will be rebuilt and create a dedicated terminal for cruise ships Photo: luigipastran10/Pixabay/Pixabay License

Nicaragua’s national port company Empresa Portuaria Nacional has revealed details of investment opportunities available in the ports of Corinto, Puerto San Juan del Sur and Bluefields.

Executive president Virgilio Silva has said that a brand new port is to be built at Bluefields, on the Caribbean coast, while the Port of Corinto will be rebuilt and create a dedicated terminal for cruise ships.

Corinto will also have a working gantry crane for containers and the dry bulk terminal will be modernised and upgraded, as will existing infrastructure to allow six vessels to dock simultaneously.

All buildings and operating areas will be computerised. $163.2m has been allocated for this phase.

In the south Caribbean, the Inter-American Development Bank will finance a study to evaluate the construction of a port specialised in handling cargo from the US and Latin America.

According to Mr Silva, investment will be made in proportion to Nicaragua’s productive diversity.

LATEST PRESS RELEASES

Port of Muuga strengthened with new ferry connection to Finlan

The Estonian terminal operator HHLA TK Estonia, a fully owned subsidiary of Hamburger Hafen und Logi... Read more

*** Welcome to ‘Terminal Automation for Everyone’ ***

We are extremely pleased and excited to be sharing this latest piece of news, that sees the formal p... Read more

*** Jacobs & Trent Partnership Announcement ***

Jacobs Engineering, a global leading provider of ports and maritime consulting and design services, ... Read more

Giant Donut Fender to protect lock entrance at the Port of Bremen

In May 2019, ShibataFenderTeam delivered a giant Donut Fender with an outer diameter of 4200mm and a... Read more

Powered by SAMSON The New Generation STORMAJOR®

The new, updated design promises to improve handling and stability in the loading and reception of a... Read more

Dellner Couplers Group acquired by EQT

We are pleased to announce that EQT has signed an agreement with Dellner’s current owners to acquire... Read more

View all