Americas

Global and regional initiatives are helping reduce vessel waiting times through optimized scheduling, yard space management, and close coordination with customers and port stakeholders. However, congestion persists at key ports. Ongoing U.S. tariff discussions may further influence trade flows and service patterns. Our planning remains focused on alternative discharge options, stronger inland transport, and flexibility to adapt to changing conditions.

Our port teams continue working diligently to ensure safe and efficient operations. Below is a brief summary of service status at key ports.

Buenaventura, Colombia:
- Yard capacity reduced from 5,000 to 2,500 units; vessel delays now exceed 20 days.
- An additional 2,500 units of space secured at AZL (Zona Logística de Asportrans).
- Cargo must be pre-nationalized prior to discharge; additional costs apply.
- Cooperation from receivers is essential to secure berthing priority and reduce delays.

Puerto Caldera, Costa Rica:
- Yard capacity at 124%, significantly impacting logistics and operations.
- Some carriers reconsidering calls or transshipping via Balboa.
- Open berthing windows (Wed 1500–Thu 1200) improving predictability but remain subject to space and timely dispatch.
- International port modernization tender postponed to 27 August 2025, 1000hrs LT.

Panama Canal, Panama:
- Operations remain normal; only vessels with reservations permitted to transit.
- Close coordination with canal authorities and vessel captains ensures timely passage.
- ACP project under discussion to expand Neopanamax capacity by 2–3 additional daily transits.

Puerto Quetzal, Guatemala:
- Congestion causing 3–5 day delays.
- Expansion of Berths 5 and 6 expected to begin in Q1 2026.

Corinto, Nicaragua:
- Congestion continues with vessel wait times of ~5 days.
- Operations now permitted at the new Pier 1, helping to ease delays.

We remain committed to ensuring safe, efficient operations and will continue to keep you informed of any significant developments.

Vehicle processing:
Operations: Our port processing centers are open and operational. As production continues to be disrupted, we continue to be flexible in the services we offer, and how we organize our sites, as well as seeking additional storage options where necessary.

Mexico: All facilities remain open and fully operational. We continue to work closely with plant production and vehicle distribution areas across every facility nationwide to ensure resources are effectively adjusted.

Canada: We're experiencing record-breaking volumes at our Richmond and Annacis ports, exceeding forecasts. Infrastructure improvements are underway, and while this temporarily reduces capacity, we're managing increased volumes through added staff and partnerships with shipping agents and railroads. There may be constraints on vessel discharges due to this surge.

Equipment processing:
Operations: Our equipment processing centers in the U.S. and Panama are open and operational, though with reduced staff in some locations to reflect demand.

Capacity: We continue to see strong volumes at both our on-port and off-port EPC sites and encourage our customers to both look at their upcoming forecasts and any planned changes to assist planning for our operations teams.

Keen Transport’s trucks are operational and deliver units to and from ports, plants and dealerships. The regional maintenance facilities are open to keep the fleet on the road, as well as our permitting team to secure necessary approvals.