Port of Valparaiso Chile

A new report shows tonnage throughput at Chile’s Port of Valparaíso is set to grow 11.2 per cent in 2013. Throughput at the Port of San Antonio was forecast to rise by 3.8 per cent in spite of disruptions to services caused by strikes earlier this year.

However the report, published by Business Monitor International, warned that with the likelihood of a rapid and sustained economic downturn in China rising, shipping volumes could be negatively affected in the future.

Valparaíso is one of Chile’s leading fruit terminals, handling well over half of the country’s fresh fruit export each year. The port is set to double in size by 2017 following the construction of a new terminal by Spanish company OHL Concesiones. In July OHL won a 30-year concession to build and run the terminal, estimated to be costing US$350m.