SPRC takes over Cartagena rival

News-in-print

Port of Cartagena, Colombia, operator Sociedad Portuaria Regional de Cartagena (SPRC) has acquired its local rival Contecar for a price understood to be around US$24 mill. The move will secure SPRC’s long-term future, with the addition of another 1000m of quay and 70 hectares of back-up area.

Contecar’s largest shareholder, Colombia’s National Coffee Federation, and minority partner, Grupo TMM, have been trying to sell the operation for the last two years and concentrate on their respective core businesses.

You just read one of our articles for free

To continue reading, subscribe to WorldCargo News

By subscribing you will have:

  • Access to all regular and exclusive content
  • Discount on selected events
  • Full access to the entire digital archive
  • 10x per year Digital Magazine

SUBSCRIBE or, if you are already a member Log In

 

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@worldcargonews.com.
SPRC takes over Cartagena rival ‣ WorldCargo News

SPRC takes over Cartagena rival

News-in-print

Port of Cartagena, Colombia, operator Sociedad Portuaria Regional de Cartagena (SPRC) has acquired its local rival Contecar for a price understood to be around US$24 mill. The move will secure SPRC’s long-term future, with the addition of another 1000m of quay and 70 hectares of back-up area.

Do you want to read the full article?

Register to continue reading

By registering you will have:

  • Access to all Premium content
  • Discount on selected events
  • Full access to the entire digital archive
  • 10x per year Digital Magazine

SUBSCRIBE or, if you are already a member Log In

 

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@worldcargonews.com.