Progreso Port Growing & Improving

August 10, 2018
Looking to the future.

”  (The Progreso port~terminal) has seen tremendous growth, having doubled its volumes from 80,000 to 140,000 TEUs throughput over the last two years, as the region’s economic activities expand. This year alone the terminal expects 20-35% further growth in volume.  ”

” The (Progreso) terminal provides the region with unparalleled connectivity through 5 vessels a week, including direct connections with the US and Europe. … To continue to facilitate this trade growth, APM Terminals has committed to investing in the terminal to meet the evolving needs of importers/exporters in the region and shipping lines. ”

“We are committed to the long-term sustainable development of the region and are delighted to announce that we have signed an addendum with the port authority to commence a 20% expansion of the yard to support the region’s growing trade needs, as well as other investments to improve productivity and efficiency. This represents a significant additional investment on top of the USD 22.6 million that has already been invested in the terminal since the concession began in 2005,”

The modernization represents an important investment, include a 20% expansion of the yard capacity, (Cost $714,000 USD) …

https://www.apmterminals.com/en/progreso/about/news/190809-apm-terminals-yucatan-to-expand-and-modernise-progreso-terminal

Yucatan keeps growing.

* * * *
Feel free to copy while giving proper attribution: YucaLandia/Surviving Yucatan.
© Steven M. Fry

Read on, MacDuff.

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