Investor Presentaiton
Ponce - Transshipment Hub
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Port of Ponce as an International Shipping Hub
Discussions have revolved around the Port of Ponce as an international
shipping hub for the Caribbean.
The main trends in the Caribbean maritime sector are the increasing
vessel sizes and consolidation among shipping lines. These trends are
expected to continue. In fact, double transshipment moves inside the
Caribbean basin (which already occur) are likely to become more
prevalent as shipping lines aim to optimize the use of the larger vessels. In
order to do so, shipping lines will call only at several large and
conveniently situated ports with the largest vessels.
"
Consequently, medium-sized vessels will serve several regional
hubs, and small vessels will be employed to serve small regional
ports. As such, regional transshipment activity will likely increase
and a new regional hub would possibly emerge among the smaller
ports.
This dynamic will create intense competition
Competition in the Caribbean for container handling is fierce.
There are identified 11 main port development projects identified
in the Caribbean which will add about 21 Million TEU capacity in
the coming decade.
Yucatan Channel
Windward Passage
Mona Passage
Panama Canal
Global Seaborne Routes
Core Routes
Secondary Routes
Global Sea Routes
Dover Strait
Oresund
145
Dardanelles Bosphorus
Gibraltar
Suez Canal
Cape of Good Hope
Ysugaru Strait
Taiwan Strait
Strait of Hormuz
Luzon Strait
Bob-el-Mondeb
Strait of Malacca
Sunda Strait
Makassar Strait
Torres Strait
Lombok
Source: Dr. Jean-Paul Rodrigue, Dept. of Global Studies & Geography, Hofstra University
Transshipment Stats in Caribbean
Freeport
Lind
Mariel
PSA
HPH
1.5
Caucedo
DP WORLD
However,
The major game changer in the container shipping sector is the
expansion of the Panama Canal The Panama Canal Expansion
increases the capacity of the Canal from 5,100 TEU to 13,200 TEU
vessels
Kingston
CMA CGM
1.5
Colon
EVERGREEN
2.8
1.3
Cartagena
HPH
SSAMarine
1.5
San Juan
CROWLEY
Port of Spain
Transshipment TEU in 2013
2.8 Million TEU Transshipment
Container Throughput CAGR 2009 - 2013
> 15%
0% to -5%
5% to 10
Unknown
10% to 153%
<-5%
0% to 5%
New Development
SEABURY
MARITIME
Source: Caribbean Development Bank - 2018 Transforming the Caribbean Port Services Industry towards the efficiency frontier
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