Port of Buenos Aires officials postpone bidding for modernization plan

The General Port Administration of Argentina has announced that it has postponed the opening of bids for the modernization of the Port of Buenos Aires until March 2020.

The idea is that the works will modify the design of the port terminal and move to a more modern model, an external terminal with docks that will allow to receive larger ships, with a larger loading capacity.

“We are advancing the modernization of Puerto de Buenos Aires with a long-term port public policy, understanding from the outset the need to renew existing infrastructure and technology to enable the growth of the country’s economy and its different regions. Understanding that given the relentless reception of economic and technical consultation from potential traders, it seems reasonable and accurate to postpone the opening of offers. This way, not only will stakeholders have more time to refine their projects, but the incoming government will be able to internalize in depth the entire process, which is quite complex in itself,” said Gonzalo Mórtola.

The infrastructure works represent an investment of over US$1.91bn over 50 years and will allow the port to be renewed with a flexible design that can adapt to future needs competitively and meet international environmental and quality standards.

Reduction of port charges for cabotage

Also regarding the Port of Buenos Aires, the General Port Administration established a 100% bonus on the concepts of General Rate of Use and Port Services for ships, barges, and tugboats integrated with them, which make up the traffic between the Port Buenos Aires and the different ports located in the territory of Argentina. To this end, resolution 173/2019 was published in the Diário da República, on November 26, which emphasized that such a measure at the national level will allow the direct movement of cargo from the country’s maritime terminals to the Port of Buenos Aires, offering the possibility of improving the capacity and logistics costs of local producers, increasing the regional and foreign trade of the country.

The elimination of fees, which was US$0.075 per ton of net registration or fraction and for each port entry, was already in effect for vessels carrying traffic between the Port of Buenos Aires and the ports of Paraguay and Bolivia.

This determination was made to encourage the traffic of barges that connect the Port of Buenos Aires to neighboring countries through the Paraná-Paraguay Waterway.

Sources: Portal Portuário and Mundo Marítimo

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