The Executive approved decree to demonopolize the sale of fuels in ports

The Executive approved decree to demonopolize the sale of fuels in ports

Alejandro Stipanicic, president of Ancap, stressed that the measure “could generate an attraction” and bring investment to the country.

Photo: @AnpComunicacion

The Executive decided to approve the decree that regulates the demonopolization of the sale of fuels in ports, something that was proposed by Ancap, as confirmed by his president, Alejandro Stipanicic, who assured that the operation of the Port of Montevideo, which was recently rated as one of the worst in the world.

When ratifying the measure, Stipanicic told Channel 5 News that it was his proposal, noting that “Ancap does not have the way to supply the fuel oil that the ships require. Specifically, he considered that “the monopoly was restricting the operation port”, affecting competitiveness.

With this new modality “maritime agencies will be able to get alternative products and that improves the position of Ancap”, analyzed the hierarch, who stated: “We will be able to participate in a more competitive market and we can offer our storage capacity as well”.

Stipanicic stated that “a new panorama is opening up for the Port of Montevideo” and considered that it could generate investments in the medium and long term. “We have to see how the maritime market responds to this possibility. But it could generate a different attraction that is very positive for Uruguay”.

The Port of Montevideo, among the worst

The measure was taken after the twists and turns over the increase in the rates of Katoen Natie, which were finally left without effect, but also in a context in which the Port of Montevideo was rated as one of the worst in the world, ranking 304th according to the Container Ports Performance Index (CPPI), which measures a total of 348 ports.

In its third edition, the CPPI ranked it with many issues to improve in terms of efficiency and competitiveness, below Argentina, Brazil and Chile, but also falling 39 places with respect to its performance in 2022. Added to this is the criticism from the Uruguayan export sector, which questions the low competitiveness of the Port of Montevideo in the region, especially when compared to neighboring countries.

Source: Ambito

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