Friday, July 26, 2024

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.
The front pages of newspapers showing El Mayo Zambada's face with headlines in Spanish.

El Mayo Zambada: Who is the elusive Sinaloan drug trafficker recently arrested in Texas?

0
While his colleague El Chapo drew global attention with prison escapes and a flashy lifestyle, El Mayo avoided the spotlight — and arrest — for decades.
Héctor Melesio Cuén Ojeda, 68, was an accomplished businessman and influential politician in Sinaloa.

Héctor Melesio Cuén Ojeda, former mayor of Culiacán, is murdered

0
The federal deputy-elect and former mayor of Culiacán, Sinaloa, was attacked hours after leaders of the Sinaloa Cartel were detained in Texas.
A massive sinkhole opened up along Guadalajara's main boulevard on Thursday morning

Huge sinkhole causes chaos in Guadalajara

0
A 10-meter-wide sinkhole had traffic stopped throughout Guadalajara on Thursday, and authorities expect repairs to take at least 10 days.