Top 5 ports in Mexico

Top 5 ports in Mexico
Top 5 ports in Mexico

Port capacity in Mexico increased from 260 million tons in 2012 to 406 million tons in 2017, an increase of more than 56%. Shipping accounts for 90% of the world's economy, so it's important to know Mexico's main seaports to better understand how they operate. Below are the top 5 ports in Mexico.

5. Port of Ensenada

The Port of Ensenada is a deep-water port on the west coast of Baja California, just 110 kilometers from California, United States. It has cargo and cruise terminals and offers container unloading at its terminals.

The three most important overland routes for cargo transportation to and from the port are the Tijuana-Ensenada Expressway and the Tijuana-Ensenada and Tecate-Ensenada Federal Highways. Most cargo in and out of the Port of Ensenada uses these three routes, which also connect to major U.S. highways. Additionally, these routes provide direct connections to major U.S. border crossings such as Tijuana, Tecate, and Mexicali.

4. Port of Altamira

The Port of Altamira is located on the east coast of Mexico, facing the Gulf of Mexico. It is connected to 125 ports, most of which are located on the Atlantic coast. Domestically, its land and rail connections connect the port directly to the northern and central regions of the country, including important cities such as Monterrey, Saltillo, Reynosa, Guadalajara, Mexico City, and more.

3. Puerto Veracruz

Located 500 kilometers south of the port of Altamira, is the third largest port in Mexico, Puerto Veracruz. The Puerto Veracruz is also on the east coast of the country with direct access to the Gulf of Mexico.

Today, the port of Veracruz is the oldest and most historic port in the country. As the first port to be equipped with automobile transportation equipment, it is one of the most important ports for the Mexican automobile industry.

2. Lazaro Cardenas

Located in Mexico's Pacific Basin, the port of Lazaro Cardenas is one of the largest seaports in the region.

This deep-water seaport accommodates post-Panamax vessels and handles containerized, dry bulk and liquid cargoes. A new semi-automated terminal opened in 2017 and can handle more than 1.2 million containers per year. As a result, the port's capacity is expected to increase from 27 million tons to 29 million tons.

The port is well connected to Mexico City, just 620 kilometers away, and the U.S. Mexican rail network south of Kansas City.

1. Port of Manzanillo

Mexico's largest port, the Port of Manzanillo, is located in the state of Colima on the Pacific coast and handles Pacific cargo for the Mexico City area. Most imports destined for central Mexico pass through the port of Manzanillo, which is an important port for Asian importers and exporters due to its geographic location.

Most of the port's exports go to the neighboring United States, Canada, Guatemala and Colombia, but also to countries further afield, including Japan, China, India, Malaysia and Singapore. Its main exports include beer, automobiles, cement, sugar, copper, steel pipes, carbon, glucose and resins.

Top 5 Shipping Documents All Shippers Should Be Familiar With

Top 5 Shipping Documents All Shippers Should Be Familiar With
Top 5 Shipping Documents All Shippers Should Be Familiar With

The maritime industry is known for its paperwork. Knowing all of this is already tedious - getting them right is a task in itself. Any seemingly innocuous error can cause problems and delays that can seriously disrupt your supply chain.

In general, many of these documents contain the same information - buyer, seller, item details, etc. But each document plays a different role, and it is important to not only ensure that the information written on each document is accurate, but that it is consistent across all documents.

Below are the top 5 shipping documents that all shippers should be familiar with, and the differences between them.

1. Bill of Lading

A bill of lading, also known as a bill of lading, is a contract of carriage between a shipping company and a cargo owner. This is a document issued by the carrier to confirm receipt of your cargo for shipment on their vessel.

Importer and exporter information needs to be listed clearly as the bill of lading is proof of ownership of the goods being carried on board. The information on the bill of lading should also correctly reflect the conditions of the Incoterm in which the transaction was made.

Once the goods arrive at their destination, the bill of lading needs to be presented to the carrier to release the goods, which then serve as a shipping receipt.

Type of bill of lading

If you have booked through a freight forwarder, you may encounter two different bills of lading: house B/L and master B/L. Read through our post on the difference between a house and a master bill of lading thoroughly to understand how they differ.

Depending on your working relationship with the importer, you may prefer to use Express Release or Telex Release, both of which are variants of the bill of lading.

2. Packing list

Just like a bill of lading, a packing list is a mandatory document for ocean shipments. It lists the tiniest details about the cargo. This includes not only the weight, volume and value of the overall shipment, but also the weight, volume and value of each individual box.

Packing slips inform your freight forwarders, importers, customs and carriers of the goods you are sending without actually verifying the contents. If Customs decides to inspect your shipment, a packing list helps to identify the box or item that is raising the alarm, facilitating the inspection process. This saves time and reduces the risk of damage to the shipment by avoiding opening every box in the shipment.

It is important that the packing slip is filled out correctly and the information listed is as accurate as possible as this may be used to generate the bill of lading. That is, the information on the packing list (number of pieces, weight, etc.) must match the information on the bill of lading, as both documents are required for customs clearance in most countries.

3. Commercial Invoice

Any international transaction involving import/export of goods must be accompanied by a proof of sale called a commercial invoice. To a large extent, it is similar to a standard invoice. But unlike a standard invoice, it contains details about the purpose of customs clearance of the goods and is one of the most important documents in ocean shipping. Details of all parties involved, including importers, exporters, freight forwarders, banks, shipping lines, etc., must be listed correctly on the commercial invoice.

A commercial invoice is a legal document that lists the goods sold and their selling price—that is, what the importer agrees to pay for those goods, and is sent to the party paying for the goods. As mentioned earlier, the packing list details the items in the shipment and serves as evidence in the event of disputes and claims, and is sent to the consignee of the shipment.

4. Certificate of Origin

According to the International Chamber of Commerce, Certificates of Origin (COO) are "important international trade documents that certify that the goods in a particular export are obtained, produced, manufactured or processed entirely in a particular country. They also serve as an exporter's declaration.

A Certificate of Origin is required for customs clearance, which determines the amount of duties and taxes that need to be paid. It also helps determine whether there is a tax exemption in the case of special trade agreements between exporting and importing countries.

5. Letter of Credit

A letter of credit is a formal, binding payment agreement between a buyer and a seller. The international sourcing process is a lengthy one considering the length of time it takes from the time the seller ships the goods to the safe hands of the buyer. This makes it difficult to determine when payment is due, especially if the importer cannot verify the authenticity of the purchase.

This is when letters of credit come into play. It is considered one of the safest payment methods. The importer first develops a list of terms and conditions that must be agreed upon by both parties.

Once the buyer and seller have finalized the terms, the seller begins preparing the goods according to the conditions. After the goods are shipped, the seller then goes to his bank with the proper documents as evidence that the goods have been prepared and dispatched according to the agreed terms and conditions. His bank will then verify and pay for the reimbursement before claiming it from the buyer's bank.