Valparaiso Port 1998 Volume Shrinks 1%

Bnamericas Published: Monday, February 08, 1999
Chile's Valparaiso Port Company reported a 1% decrease in traffic in 1998, due to a contraction of exports to Asian markets. The port transferred 4,610,976t of general cargo in 1998, compared to 4,666,812 in 1997. San Antonio port, Valparaiso's main competitor, grew 23% in 1996, 13% in 1997 and 1.4% in 1998. Valparaiso's general manager, Harald Jaeger, blamed delays in the national port privatization process for affecting traffic levels at the ports up for sale as well as the whole port system.

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