Thursday, April 18, 2019

New Costa Rica Shipping Port Barely Staying Afloat

Japdeva is analyzing the possibility of expanding the Moín dock as a means to bring in more business since it is in full financial crisis. The original master plan stated that the berth should have been in operation since 2015 but it still has yet to be tendered.

The construction of the seventh berth would cost over ¢17,500 million but would bring in new business capable of keeping afloat the finances of the Port Administration and Economic Development Board of the Atlantic Coast.

The post is called 5-7 and it would open a space for ships with a draft of up to 14 meters, a size not able to dock at the current berths due to lack of depth. It would be built with external financing.

Another of Japdeva’s ideas is to become a transshipment center where merchandise is transferred from large vessels that arrive with bulk shipments to smaller vessels directed to specific markets.

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