PORT OF CHANCAY COULD TAKE 30% OF THE CARGO FROM CALLAO

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Date: August 30

Although the projected mega port of Chancay is expected to come into operation in the next two years, there is no road project underway on behalf of the State that would facilitate its connection with the rest of the country, according to the Maritime Association of the Peru (Asmarpe).

Moises Woll, president of Asmarpe (a union that brings together shipping lines that stop in Peru), told Management that the future port of Chancay will probably take 30% or even a third of the cargo that comes by maritime transport through the Shut up.

It is worth indicating that, from January to June, the port of Callao moved 11.2 million tons of cargo, and 1.1 million containers, out of a total of 12.2 million tons and 1.3 million containers mobilized by ports throughout the country, according to the National Port Authority.

No road improvement

However, Woll noted that talk of a road improvement system to connect Chancay with Lima, which is the port's area of influence, is just beginning to be discussed. “Chancay is going to start operating in 2024, we are two years away, and building a highway takes time. I believe that this is going to be a problem that is going to persecute us and will reduce our competitiveness (as a country)”, he warned.

Saving

In addition, he agreed that, for an importer, it would probably be more attractive to bring merchandise from Asia to Peru through the port of Chancay, than through the port of Callao, since direct trips are planned from the first mentioned port to the port of Shangay. , China, and therefore less use of ships to cover the same route. “If you want a weekly service, you will need 8 to 9 ships to make the round trip, and (the direct route Shangay – Chancay) is a saving of one or two ships; This represents significant cost savings for the shipping company, because the rental of a vessel costs from US$100,000 to more than US$150,000 a day”, he noted.

Freight

On the other hand, the president of Asmarpe indicated that freight rates for shipping lines departing from Asian ports and calling at the port of Callao have been reduced by half, and that this is being perceived at the level of large importing companies in Peru in the last two months. He specified that, today, import freight rates are between US$5,000 and US$6,000, whether for 20- or 40-foot containers (respectively), a 50% reduction, noting that rates are being updated every week.

However, he hinted that the case of large importers is not the same as that of small and medium-sized companies that bring their cargo by sea. “There is an issue here: you have associations that represent direct clients of the shipping companies, and associations that are cargo agents or intermediaries, and the shipping companies do not have an intermediary end customer, which is normally the small or medium-sized company” he explained.

He gave as an example that, "if a person goes to the bank to request a personal loan, they charge 15% (interest), and if it is a company, for example, they can charge 6 or 7%, but for that (in the case of small or medium-sized importing companies) there are cargo agents, who are the large collectors of cargo for small clients, and who are the ones who negotiate by volume with the shipping lines”.

Perspective

For now, Woll indicated that the maritime transport market is not expected to return (in its freight rates) to pre-pandemic levels at the moment. "If Peru, due to the contraction of its economy, begins to buy less, there will be less freight, but if importers forecast an important Christmas season, they will demand more freight and it will go up," he noted.

Figures and Data

Chancay. The movement of earth for the construction of the port of Chancay has an advance of 61.19% according to the MTC.

Investment. The Chancay megaport will require a total investment of US$3.6 billion.

Source: Gestión

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