by Jessica Ingram
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Venezuela’s most important container gateway at Puerto Cabello has fallen into serious disrepair, causing major delays and operational issues for cargo handling, according to maritime industry sources. Once capable of moving hundreds of thousands of containers annually, the port’s infrastructure now sees processes that should take hours stretched into days, with equipment aging and facilities poorly maintained under the previous regime. Container carriers such as Maersk and others still call at the port, but logistical efficiency has suffered greatly. FreightWaves
The deterioration of port facilities underscores wider challenges facing Venezuela’s trade and economic recovery. International companies that previously held concession rights — including Pan American Port Operator LTD Corp. — lost their operating rights when the government seized control, complicating investment and modernization efforts. With political changes underway and reconstruction plans being discussed, rebuilding port capacity is seen as a key step for restoring trade flows and economic stability in the country. FreightWaves
Source: Stuart Chirls, “EXCLUSIVE: Maduro left Venezuela’s biggest container port ‘in shambles’,” FreightWaves — https://www.freightwaves.com/news/exclusive-maduro-left-venezuelas-biggest-container-port-in-shambles?oly_enc_id=8575F4145945F0S FreightWaves
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