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Published: 14 July 2011      

PSA scoops Mariel deal

PSA International will manage and operate the container terminal being built at the Cuban port of Mariel

The terminal is part of a larger scheme to develop Mariel Bay, 28 miles west of Havana, into the Caribbean country’s most important cargo hub and light manufacturing centre.

PSA won a bid to manage the Mariel terminal last year and had since been in negotiations with master developer Zona de Desarrollo Integral de Mariel, part of Almacenes Universal SA, which is linked to the Cuban Army.

Local sources said PSA International would now actively participate in planning the terminal, which is scheduled to open by 2014 when ships up to 14,000 TEU will begin traversing the Panama Canal.

Mariel will initially have a 700m berth with a depth alongside of 15m. It is ideally situated to handle US cargo if the American trade embargo is eventually lifted, and will receive US food exports already flowing into the country under a 2000 amendment to sanctions.

The Brazilian government has pledged US$800M so far to finance construction of infrastructure and port facilities already under way in conjunction with the Odebrecht group.


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  • America - Latin) Cuba) Mariel
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