Port of Manzanillo to get US $30-million injection

The port of Manzanillo in Colima is set to benefit from a US $30 million investment from one of its operators.

SSA México plans to invest in eight new cranes for its container shipping terminal. 

The company said that both the ports of Manzanillo and Lázaro Cárdenas, in the neighboring state of Michoacán, had a fruitful year.

It added that the traffic at its Manzanillo terminal had increased 10% in annual terms. It accounted for 30% of all traffic handled at Pacific ports in 2021. 

SSA México also plans to invest in the cruise industry by making infrastructural improvements to the ports of Cozumel, Quintana Roo, and Puerto Progreso, Yucatán, the newspaper El Economista reported.

The port of Manzanillo is Mexico’s biggest, according to the shipping website icontainers. It acts as a point of entry on the Pacific Ocean for freight from the United States and Asia and its principal exports are beer, sugar, copper, steel pipes, coal and resins.

SSA México is owned by Carrix, which is headquartered in Seattle.

With reports from El Economista 

Have something to say? Paid Subscribers get all access to make & read comments.
A branch of purple jacaranda blossoms hangs in front of the mural-covered UNAM library

Mexico’s week in review: USMCA talks officially launch as Sheinbaum bets on a digital economy

1
This week, Mexico dove into formal USMCA negotiations, moved to go cashless and faced hard questions from Washington. Here's what you missed.

The AI fake news tsunami is upon us — what does this mean for kids? A perspective from our CEO

2
As realistic, AI-generated fake news flooding our feeds, MND CEO Travis Bembenek explains why teaching kids about media literacy has never been more urgent.
News quiz

The MND News Quiz of the Week: March 21st

0
How well have you been paying attention to the news in Mexico this week? Take the MND Quiz of the Week and find out!
BETA Version - Powered by Perplexity