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Commercial Development Division Commercialization and Finance Area

FIGURES - 2015

PORT OF

MONTEVIDEO

INTRODUCTION

The Port of Montevideo is located on the shore of the

River Plate and it is becoming the main route of the

Mercosur for cargo transportation.

It is the main port of the National Ports System of

Uruguay and has been consolidated as a multipurpose

port (containers, bulk cargo, fishing, cruise ships,

passenger transport, vehicles and general cargo).

Besides the services provided and the investment options offered, its natural conditions and

infrastructure represent competitive advantages.

The Port of Montevideo operates 24 hours a day, 7 days a week throughout the year, and the

likelihood of strong winds and storms that may prevent operations is very low, as shown by

the relevant statistics.

The Free Port system, which was implemented in Montevideo upon the entry into force of the

Port Services Act Nº 16.246 on May 4, 1992, caused it to become the first and only port of the

South American Atlantic Coast to have a competitive logistics system for the transit of goods.

INFRASTRUCTURE

The port’s back-up area for the multipurpose docks covers approximately 124 hectares, which

are used for storage, vehicles and containers. More than half of said area is dedicated to

logistics operations initiated at berths with double-track rail connections. Additionally, the

Punta Sayago Logistics Port, located on the western side of the bay, has an area of 110

hectares.

To shelter its activities, the Port of Montevideo has two breakwaters: the 1,300-meter

Western Breakwater, which protects the

port from the southwest (pampero) winds,

and the 900-meter Eastern Breakwater

(Sarandí), which protects it from the south

and southeast winds.

Both structures protect the port entry and

exit area, which has a width of 320 meters,

measured between the ends of the

breakwaters.

They also protect the 200 hectares of the

outer harbor where there are vessels at anchor or circulating towards the operating docks.

- Dock of call (Container terminal): The Container Terminal (operated by Terminal Cuenca del

Plata1 under a concession agreement) has a dock with two berths, the first one has a length of

283 meters and a depth of 10.5 meters, while the second one is 350 meters long and 11

meters deep. The latter has a maximum draught of 14 meters, according to the design. Next to

said dock, the Container Terminal has a paved yard of 27.5 hectares, while the whole area

amounts to 33,5 hectares.

The Terminal Cuenca del Plata (TCP) is a joint enterprise where the National Ports

Administration's share is 20% and Nelsury S.A. has a share of 80%.

- River Dock: It is located next to the Container Terminal and has a surface of 353 meters. The

dock and its facilities (Warehouses A and B) are used by the Navy.

- Maciel Dock: It has a length of 382 meters and a depth of 5 meters, where the Passenger

Terminal for the Montevideo-Buenos Aires route is located.

- Dock A (Basin 1): The dock's head is 50 meters long and berths 1 and 2 are 309 meters long,

with a depth of 10 meters.

- Central Dock (Basin 1): It has a length of 496 meters and it includes Berths 3, 4 and 5, which

are used for operations related to cruise ships, general cargo, containerized cargo and vehicles

carried in Ro-Ro vessels.

- Dock B (Head): The dock's head, which is 154 meters long and 10 meters deep, is used for

handling dry bulk cargo.

- Dock B (Berths 6 and 7): These berths, which are 294 meters long and 10 meters deep, are

used for handling dry bulk cargo and containers.

- Basin 2: This berth, which consists of berths 8 and 9 and has a length of 328 meters and a

depth of 10 meters, is used for handling containerized cargo, bulk cargo and vehicles.

- Central Dock (Basin 2): It consists of berths 10 and 11 and it is 390 meters long. It has a

refrigerated warehouse for storage of frozen goods (fish, meat, etc.) and fruits.

- Florida Dock: It has a length of 90 meters and it is dedicated to the berthing of vessels from

foreign fishing fleets.

- Mántaras Dock: Fishing Terminal for national fishing vessels. It has a length of approximately

365 meters and an operational area of 15,000 square meters with back-up warehouses for the

logistics operations of the vessels.

- La Teja Hydrocarbon Terminal: It consists of three docks located on the northern side of the

bay, where the State-owned oil company ANCAP2 set up the La Teja oil refinery. The Terminal

receives oil tankers for discharging petroleum products arriving from the outer harbor through

the La Teja channel.

These docks have a discharging capacity that ranges from 300 m3/hour to 1,200 m3/hour and

can receive LPG with a pressure of up to 20 mg per cm2. In addition, there are bunkering,

water supply and slops reception facilities.

1 www.terminalcuencadelplata.com.uy 2 National Administration of Fuels, Alcohol and Portland www.ancap.com.uy

- Dock C: The dock was inaugurated on February 2, 2015. It has a length of 330 meters and

allows drafts of up to 14 meters. There is a paved back-up area of 3.5 hectares with the

corresponding ancillary facilities and a turning basin. Its aim is to meet the existing demand

and to generate a new multipurpose berth for large ships. The dock structure is suitable for the

operation of specialized equipment to handle the traffic of containerships, bulk carriers and

multipurpose vessels.

- TGM Terminal with one berth for bulk carriers that allows drafts of up to 14 meters.

SERVICES AT THE FREE PORT

According to Decree 455/94, the port customs areas where the special tax and customs

systems are applicable under the Ports Act and where goods can circulate freely are

considered Free Ports.

Permitted activities:

- Repackaging-Grouping-Ungrouping: Activities related to packaging and preparation for

transport or distribution of cargo units or appropriate for export or sale of goods entering,

staying or leaving the port area.

- Stuffing/Stripping: Service for filling and emptying containers.

- Classification: Separation or combination of goods for selecting or mixing them by class, type

or any other aspect, including the compliance with the provisions set forth in the cargo

manifests or documents.

- Rebranding: Operation to modify the destination of goods, marks or signs of bulks.

- Fractioning: From the point of view of transport and storage, it is the breakdown of goods in

each remittance, bulk or package, to form different ones. From the point of view of goods or

products, it is their fragmentation or grinding without modifying their nature.

- Removal: It is the direct shipment, from the warehouse or the waterfront roadway known as

"rambla", of goods of national origin or nationalized goods from the Uruguayan port for its

direct unloading to the warehouse or “rambla” in another Uruguayan port.

- Warehousing / Storage: The service provided to goods that remain in the places assigned by

ANP from the moment they are received until they are delivered to the owners or consignees.

- Transshipment: It is the transfer of goods from one means of transport to another, within the

port area.

- Transport: Activity related to the transport of goods in national ports or fiscal warehouses

and their shipment towards other countries, or other national ports or free trade zones.

- Financial Services: Banking activities, insurances, goods control, etc.

PUNTA SAYAGO LOGISTICS PORT

The Punta Sayago Logistics Port is part

of the expansion strategy of the

National Ports Administration to

complement the land area of the Port of

Montevideo. The objective of this

project is to increase the capacity of

port infrastructure for achieving an

improved logistics efficiency.

In an area of 100 hectares, connected by

seaways and roads, it is planned to

develop three operating systems: free port, free trade zone and industrial park. It is an

opportunity for logistics companies and investors to be located in a new distribution hub that

will facilitate the entry and exit of regional or international goods via Uruguay, thus

strengthening the role of the Port of Montevideo as a hub port.

Article 381 of Law No. 19355, National Budget 2015-2019, gives the National Ports

Administration (ANP) authority to operate the logistics warehouses through specialized

operators in the areas corresponding to the Punta Sayago Logistics Port and all port terminals

and ports managed by ANP.

MAIN ADVANTAGES

• Reorganization of the Port of Montevideo

to address the growing movement of

cargos through the development of an

intermodal platform for port logistics

activities.

• Strategic location at the port and logistics

hub of Montevideo.

• Design according to the urbanization of a

logistics activities center.

• Generation of positive synergies due to

the concentration of value-adding

activities.

• Optimization of the land entry/exit

operations in the port area.

• Access to ancillary services for the

development of logistics activities.

• Increased collaboration and

complementarity among the companies

belonging to the logistics hub.

• Unified management of the port area.

• Facilitation of professional training and

business modernization.

• Channeling of trade flows through the use

of proper infrastructure.

• Greater visibility for companies improving

the image of the logistics activities.

• Free Port system, which allows more

flexibility for handling cargos and trading

with tax exemptions.

FIGURES

CONTAINERS

In 2015, container

throughput amounted to

496,988 boxes (811,297

TEUS) in the January-

December period. This

represented an increase of

approximately 5%

compared to the amount

of containers handled in

2014.

If we compare the container throughput during the 2010-2015 period, there have been ups

and downs but figures have been around 450,000 containers, except for the year 2011, when

record high volumes were achieved at the Port of Montevideo.

If we analyze the monthly container throughput measured in boxes, the greatest volumes

were registered in 2015, especially during the months of March, May and August.

Month 2015 2014

January 38,759 32,330

February 40,204 33,496

March 46,294 37,488

April 40,616 40,701

May 45,974 41,866

June 38,868 39,059

July 41,963 44,959

August 43,881 40,538

September 37,638 42,557

October 42,853 37,333

November 39,750 39,674

December 40,188 42,646

Total 496,988 472,647

Container throughput at the Port of Montevideo

Period 2014-2015 (in boxes)

CONTAINERS

TEUS

In terms of the container throughput corresponding to

the Uruguayan foreign trade, there was an increase of

3% measured in boxes and also 3% measured in TEUS.

If we analyze the share corresponding

to the Container Terminal (TCP) and

the commercial docks of the National

Ports Administration in the total

throughput of the Port of Montevideo

during the 2015 financial year, there is

a fall in Montecon's share. If we

compare the terminals' share during

the 2010-2015 period, TCP had a

greater share. The greatest difference

was registered in 2011. In 2014, the

throughput of both terminals was very

similar.

The business profile is based on a policy focused on increasing the transshipment throughput

in order to consolidate the Port of Montevideo as a hub port.

The main goal is to achieve a real commitment on the part of the Agency/Shipowner to

maintain a high level of transshipment volumes in order to be more competitive in the region.

The total transshipment throughput during 2015 reached 211,638 boxes (341,645 TEUs) and

represented an increase of 13%

compared to the transshipment

throughput in 2014.

COMEX container throughput

(empty and full containers)

2014 2015 Change

Boxes 284,685 292,601 3%

TEUS 466,044 481,287 3%

Regarding the container throughput whose origin or destination is Paraguay, total container

throughput arising from transshipments in 2015 amounted to 85,066 boxes, which

represented an increase of 16% compared to the same period of time during the previous

year. Said transshipments accounted for 40% of the total amount of transshipment containers

that went through the Port of Montevideo.

VESSELS

The total number of arrivals

at the Port of Montevideo

during 2015 was 4,365.

The analysis of the arrivals by

vessel type shows that 24%

of arrivals correspond to

national-flagged fishing

vessels, monthly calculated

for billing purposes based on

the number of calls, followed

by river passenger vessels

(15%) and container ships (15%).

This analysis also shows

that there was an increase

in the arrival of barges due

to a policy aimed at

fostering cabotage and the

development of the

Waterway navigation.

Even though there was a

fall in container ships, there

was a significant increase of

the GRT of vessels arriving

at the Port of Montevideo.

If we consider the average GRT of the

vessels arriving at the port, the

container ships have shown the greatest

increase of GRT over the last few years.

Arrival Changes by Vessel Type

Period 2012 - 2015

-

200

400

600

800

1.000

1.200

1.400

1.600

1.800

2.000

Barge Cabotage General

Cargo

Containers River

Passenger

Vessel

Bulk Carrier National

Fishing

Vessel

Foreign

Tanker

2012 2013 2014 2015

Total Arrivals by Vessel Type

Year 2015

0

200

400

600

800

1000

1200

National

Fishing Vessel

River

Passenger

Vessel

Containers Foreign

Fishing Vessel

Barge Cabotage Bulk Carrier Other

GOODS

The total amount of tonnes handled at the Port of Montevideo during 2015 was 12,360,810.

The analysis of the handled goods by cargo type shows a clear increase of containerized cargo.

The amount of bulk cargo tonnes handled suffered a slight fall in comparison with the values of

the years 2014 and 2013, and was the lowest tonnage value in the last 6 years.

Comparison of tonnes handled during the 2010-2015 period

Year General Cargo Containers Bulk Cargo

2010 816,738 7,339,999 2,534,264

2011 821,272 9,301,466 2,974,959

2012 632,365 8,119,275 2,649,457

2013 746,800 8,906,438 2,784,328

2014 1,026,377 8,698,657 2,720,369

2015 1,018,729 9,293,443 2,048,638

RIVER AND SEA TERMINAL

The total number of passengers

transported by Ferry at the Port

of Montevideo amounted to

578,510 people. This represents

an increase of 8% in comparison

with the number of passengers

transported in 2014, making

2015 one of the best years of

the 2010-2015 period.

As for vehicles, the situation was very similar. The number of vehicles carried by ferry during

the 2015 financial year amounted to 64,093.

CRUISE SHIPS

In the 2014-2015 season, 108 cruise ships arrived at the Port of Montevideo, which would

mean a slight fall from the previous season. However, if we take into account the number of

disembarked passengers (201,085), there was a 10% increase in comparison with the previous

season.

PORT OF

COLONIA

INTRODUCTION

The Port of Colonia has a privileged geographical

location on the coast of the River Plate, in front

of the coast of the Argentine capital city and 177

km away from Montevideo. Taking into account

its facilities and the movement of passengers

and vehicles, it could be considered the main

river passenger port of the country.

INFRASTRUCTURE

The Port of Colonia has three U-shaped

concrete docks, which are sheltered to

the south by a breakwater. The overseas

dock is 146 meters long, with a railway

that runs along it, while the cabotage

dock is 115 meters long and the linking

dock is 200 meters long.

The Port of Colonia has two electric

cranes with a lifting capacity of three

tonnes and a third one of five tonnes,

equipment for handling cargo and two

electric ramps for trucks and automobiles.

It also has a state-of-the-art passenger terminal, with a covered area of approximately

7,000 m2 and an open area of 20,000 m2.

The Colonia Terminal offers a wide range of services, including foreign currency exchange,

rental cars, tourist information office, cafeteria, restaurant and crafts shops.

FIGURES

PASSENGERS-VEHICLES-VESSELS-GOODS

So far, passenger traffic amounted to 1,989,057 passengers in 2015, which represents an 8%

increase over the previous year’s amount.

Likewise, movement of vehicles at the Port of Colonia during 2015 amounted to 117,475

vehicles, exceeding by 11% the levels registered in the previous year.

Vehicle Movement: Period

2010 - 2015

YEAR VEHICLES

2010 150,732

2011 142,692

2012 140,134

2013 121,587

2014 101,418

2015 112,475

2010 2011 2012 2013 2014 2015

1.000.000

2.000.000

3.000.000

Comparison of Passenger Movement

Period 2010 - 2015

Comparison of Vehicle Movement

Period 2010 - 2015

0

20.000

40.000

60.000

80.000

100.000

120.000

140.000

160.000

2010 2011 2012 2013 2014 2015

Regarding the traffic of goods, the tonnage for the January-December 2015 period amounted

to 33,949, including transit, exports and imports.

The distribution of the different operations is shown in the chart below:

Comparison of goods in tonnes handled

Period 2010 - 2015

0

20.000

40.000

60.000

80.000

100.000

120.000

2010 2011 2012 2013 2014 2015

EXPORTACIÓN IMPORTACIÓN TRÁNSITO

Regarding the tonnes handled in 2015, the share of imports is 64% of the total, followed by

goods in transit with 25% and finally exports with 11%.

The total number of vessels that arrived at the Port of Colonia in 2015 amounted to 4.113,

which represents a 13% increase over 2014.

3.000

3.500

4.000

4.500

2010 2011 2012 2013 2014 2015

Comparativo de Arribos

Período 2010 - 2015

Comparison of Arrivals

Period 2010-2015

PORT OF

NUEVA PALMIRA

INTRODUCTION

The Port of Nueva Palmira is part of the port

complex that also comprises the private ports and

terminals belonging to Corporación Navíos S.A. -

located downstream from ANP’s port- and to Ontur

International S.A. -located to the north-, both

operating under the Free Trade Zone system.

The movement of goods, mainly bulk cargo, has

been very dynamic at the Port of Nueva Palmira in

the last few years, placing it in the second most

important place after the Port of Montevideo in

terms of the movement of goods. This is manly due to its strategic location, which allows the

overseas shipment of national and regional products. This port receives cargo in transit coming

from the center of the continent through the Paraguay-Paraná Waterway. The main cargo

group consists of agricultural bulk cargo.

INFRASTRUCTURE

Infrastructure works were required in order to meet the service demand as a result of the

significant increase of the activities at the Port of Nueva Palmira. For that reason, the overseas

dock was extended, a new cabotage dock was built and a new gantry crane was installed.

ANP

- Overseas Dock: T-shaped concrete dock that consists of the Northern and Southern Overseas

Docks. It has a length of 368.76 meters and a variable width according to the section: 11

meters at TGU's transport system area in the northern dock; 39.53 meters in the southern

dock. The exterior depth is 32”, while the interior depth is 5.0 meters.

- Barges Dock: A new coastal dock was built with berthing facilities of 196 meters and a paved

area of approximately 22,500 m2

- Storage: The port area has silos for storing agricultural bulk cargo with a total capacity of

approximately 72,000 tonnes. Said silos are managed by the Terminales Graneleras Uruguayas

S.A. consortium.

- Equipment: The barge dock has a Liebherr crane model TCC CBB 45/32 LITRONIC with a

gantry of 14 meters between the rails and a maximum lifting capacity of 45 tonnes with a

radius of 32 meters when working with containers and 32 tonnes with a radius of 32 meters

when working with grabs.

- Paved area for trucks: It is a center for cargo distribution between the parking lot authorized

by the Ministry of Transport and Public Works and the port terminals. This area covers

approximately 20,000 m2. It is managed by ANP and its facilities were improved with concrete

paving at the entrances, lighting, bathrooms, perimeter fence, etc.

Terminal Navíos

It operates in the storage and transshipment station within the Free Trade Zone. It is mainly

dedicated to grain cargo transfer operations coming from the Paraná-Paraguay Waterway. It

has a main exterior dock of 240 meters of length and an interior dock of 170 meters of length,

and a storage capacity of 205,000 tonnes.

Navíos receives cargoes in barges, trucks and ocean-going vessels that are transferred to bulk

terminals or stored in their own silos for subsequent shipment. It operates uninterruptedly

24 hours a day, 7 days a week.

In 2012, a second conveyor belt was installed with an additional throughput of 1,200 tonnes

per hour on top of the 800 tonnes per hour of the existing conveyor belt.

The construction of new berthing facilities of 200 meters of length for barges is being

completed.

Ontur Terminal

It is designed to handle large volumes of cargo. Among other things, it handles the pulp

exports of UPM (previously Botnia). It has a storage capacity of 100,000 tonnes of pulp. It

facilities include a barge dock of 300 meters in length and a cargo handling and storing area

that is linked to the dock through a 150-meter long concrete structure. It has a sea dock of 180

meters of length and 40 meters of width.

In its river dock, ONTUR has 2 cranes, one is a river gantry crane of 20 tonnes for forestry

products and the other one is a multipurpose crane. It also has a reach stacker for handling

containers at the Port of Nueva Palmira.

FIGURES

GOODS

The movement of goods at the official dock of the Port of Nueva Palmira amounted to

3,345,186 tonnes during 2015.

Tonnes Handled by Operatoin Type - Official Dock 2009 - 2015

-

200.000

400.000

600.000

800.000

1.000.000

1.200.000

1.400.000

1.600.000

2009 2010 2011 2012 2013 2014 2015

Exports Imports Transit Transshipment

Transit-related operations had the largest

share with 43% of the total.

Transshipment, exports and imports reached

32%, 15% and 10%, respectively.

The main products exported in 2015 through the Port of Nueva Palmira were soybeans and

wheat, which accounted for 69% and 19% of the total, respectively.

Tonnes Handled by Operation Type:

Year 2015

15%

10%

43%

32%

Exports Imports Transit Transshipment

Bulk ferilizer, barley and soybeans pellets were the main products imported in 2015. These products represented 55%, 19% and 12% of the total tonnes imported.

From January to December of 2015, transit-related operations reached a total of 1,408,293

tonnes. Soybeans, corn and bulk fertilizer had the greatest share with 49%, 23% and 10%,

respectively.

Transshipment-related operations reached a total of 1,074,623 tonnes handled in 2015. Corn

was the main product in transshpiment-related operations and accounted for 32% of the total.

The next most important products transshipped were soybeans - transshipment at the Fiorucci

station (soybeans to Paraguay)- and bulk fertilizer, which had a share of 23%, 10% and 10%,

respectively.

PORT OF

FRAY BENTOS

INTRODUCTION

The Port of Fray Bentos still is the main exit point

for malted barley and also facilitates the entry of

raw barley to make up for the lack of it in the

domestic market.

During 2015, it continued to contribute to the

decongestion of the Port of Montevideo, hosting

fishing vessels during its period of inactivity and

other vessels for scrapping.

Upon approval of Decree 271/13, the Zona de

Alijo y Complemento de Carga Punta del Arenal (Punta del Arenal Load Complement and Stash

Area) were included in the enclosure of the Port of Fray Bentos. This allowed handling cargoes

different from the agricultural bulks, such as iron ore.

The aim is to generate an efficient logistics chain for new businesses related to the goods in

transit.

INFRASTRUCTURE

Docks

- Overseas dock: It is 200 meters long and 34 meters wide. The exterior depth is 24 feet and it

is possible to dredge it up to 30 feet.

- Cabotage dock: It is 225 meters long and 22 meters wide, it has an exterior depth of 18 feet

and an interior depth of approximately 8 feet. The dock includes a conveyor belt that belongs

to the company TGU S.A.

Infrastructure

It has an open area of approximately 2.5 hectares dedicated to storage, which includes a fast

grain conveyor belts system with a loading capacity of 500 t/h and an unloading capacity of

120 t/h.

Regarding the equipment, it has a Les Atelier crane.

The port enclosure includes the facilities of the Terminal Granelera del Uruguay (TGU), with a

static capacity of 20,000 tonnes, and a total area of approximately 40,000 m2 is available for

storing goods.

FIGURES

GOODS

From January to December of 2015, the Port of Fray Bentos handled a total of 111,086 tonnes

of goods.

Regarding the share of each operation, exports represented 38% of the throughput at the Port

of Fray Bentos (41,902 tonnes). The next most important items were transshipment with 28%

(30,924 tonnes), transit with 21% (23,718 tonnes) and imports with 13% (14,542 tonnes).

The total number of arrivals at the Port of Fray Bentos during 2015 was 172. The ships that

arrived at the Port of Fray Bentos in 2015 were mainly cargo vessels, barges and tugs. These

ships are mostly related to the transshipment operations carried out in the Punta del Arenal

area.

Throughput in the Transfer Areas - Tonnes - year 2015

Goods Soybeans Bulk fertilizer Iron ore

Month Loading Unloading Loading Unloading Loading Unloading Total

January - - - - 38,074 - 38,074

February 92,581 92,472 - - - - 185,053

March 90,308 87,870 - - - - 178,178

April 95,250 103,161 - - - - 198,411

May 93,000 108,951 3,453 - - - 205,404

June 204,395 128,600 - - - - 332,995

July 54,859 65,500 - - - - 120,359

August 92,125 92,100 - - - - 184,225

September 72,976 90,000 - - - - 162,976

October 98,247 87,000 - - - - 185,247

November 16,457 35,000 - - - - 51,457

December - 32,384 33,000 - - - 65,384

Total 910,198 923,038 36,453 - 38,074 - 1,907,763

PORT OF

JUAN LACAZE

INTRODUCTION

Juan Lacaze has been consolidated as a central

port for the transshipment of fuels, which are

discharged from the ANCAP IX tanker and

directed through a pipeline to the ANCAP plant.

This plant is located nearby said Port and

supplies the gas stations of the city and the rest

of the Department.

INFRASTRUCTURE

This Port has a concrete dock with a length of 96.50 meters and a depth of 3.5 meters. It is

located next to an area in which industrial and agricultural activities are carried out.

The superstructure of this port includes a ramp for loading and unloading vehicles.

It also has marina facilities, which are managed by the Club Naútico, under the supervision of

the National Directorate of Hydrography.

FIGURES

GOODS

The activity at the Port of Juan Lacaze during 2015 focused only on the transit of liquid bulks

(fuels), reaching a total of 120,118 tonnes.

The transshipment was carried out from ANCAP's tanker to the plant for the subsequent

distribution of said fuels in the Department of Colonia.

The arrivals to the Port of Juan Lacaze in 2015 included tugs and the "ANCAP IX" tanker for

carrying liquid bulks. The total number of arrivals amounted to 47, being April the month with

the greatest number of arrivals.

PORT OF

PAYSANDÚ

INTRODUCTION

The Port of Paysandú has great potential due to its

strategic location in the Uruguay River Waterway, which

allows the connection with the Paraguay-Parana

Waterway and with the Atlantic-Pacific interoceanic

corridor.

Thus, the corridor-related market combined with the local

production can foster and develop the competitiveness of

the coastal ports traffic due to the increased flow of

goods.

Also, to promote the development of the Uruguay River Waterway, investments have been

made in infrastructure and equipment so that the port can attract potential cargo.

On the other hand, the Resolution of the Ministry of Transport and Public Works No. 789/013

dated December 2, 2013, modified the port enclosure by increasing its total area to 20

hectares and 2773 m², from which a land area of 7 hectares and 8837 m² and a river area of 12

hectares and 3936 m² can be distinguished. This increase of the total area will be useful for the

ongoing projects at the Port of Paysandú.

Sugar and barley have been the main bulks handled at the Port of Paysandu through a river

combination with the Paraguay-Parana Waterway. In 2013, the port's throughput also included

operations for soybeans removal to the Port of Nueva Palmira.

In 2014, container-related operations for fruit, sawn timber, dairy products and chicken

transportation to Montevideo started at the Port of Paysandu (1912 boxes were handled).

These operations were carried out on a weekly basis.

For all those reasons, the Port of Paysandu can foster the services and production sectors and

generate direct and indirect jobs associated to the river transport and the ports administered

by ANP.

INFRASTRUCTURE

Investments in infrastructure and equipment have been made so that the port can attract

potential cargoes, both bulks and containers, in order to meet the productive growth of the

area. For that purpose, the whole length of the cabotage dock, as well as the container yard

located at the south end of the dock where the Liebherr FCC CBB 45/32 LITRONIC crane was

installed, were reinforced.

- Cabotage dock: It has 300 meters of length and 13 meters of width, with a depth of 4.0

meters to the local zero (13'). The paved area rises 7 meters above the local zero (+1.02 m

above the Hydrometric Plane of Reference - ex Wharton).

- Overseas dock: This dock is 100 meters long, 17.7 meters wide and 6.6 meters

(approximately 22') deep. The paved area rises 6.6 meters above the local zero (+1.02 m

above the Hydrometric Plane of Reference - ex Wharton).

Storage

- Two warehouses of 80 meters of length by 20 meters of width and 9.0 meters of

height each. They have different levels of access outside and interior multi-tier racking

systems.

- Open storage areas next to the warehouses, with a usable area of approximately 2.0

hectares (3.0 hectares taking into account the elevated area for flood tides called

"explanada de altas crecientes").

- Ten silos of 380 tonnes each and four of 95 tonnes each that belong to the Ministry of

Livestock, Agriculture and Fisheries, with a storage capacity of 4,100 tonnes and a

forklift with a loading capacity of 2,000 kg.

Equipment

- A Liebherr FCC CBB 45/32 LITRONIC crane with a loading capacity of 45 tonnes with a

radius of 32 meters. It has two motorized SMAG grabs of 15 m3 and 8 m3 and two

Nautik & Technik semi-automatic spreaders of 20ft and 40ft.

- A 1963 model Aceber weighbridge with a capacity of 60 tonnes.

- Two electrical cranes with a loading capacity of 5 tonnes, located at the overseas dock,

and another one with a capacity of 3.5 tonnes located at the cabotage dock.

38%

22%

13%

13%

10%4% 0%

Soybeans Raw Barley Citrus Fruits Raw Sugar

Malted Barley Wheat Honey

FIGURES

GOODS

Regarding the 2015 throughput, imports had the first place with a share of 45%, followed by

exports with 34% and removals in the third place with 20%.

The three main types of goods handled at the Port of

Paysandu were: soybeans (38.6%), raw barley (21.6%)

and citrus fruits (13.1%). The malted barely, wheat

and honey had smaller shares.

*Estimated taking into account an average capacity of

29 tonnes per 40 ft container for citrus fruits and 20

tonnes per 20 ft container for honey.

In the period between January and December of 2015,

1,801 containers were handled at the Port of

Paysandu, all of them were export containers.

Changes in Tonnes Handled by Operation Type

-

20.000

40.000

60.000

80.000

100.000

120.000

2009 2010 2011 2012 2013 2014 2015Exports Imports Transit Removal Temporary Admission

Tonnes handled by good and operation

type, September 2015

EXPORTS 94,027

Malted Barley 8,666

Soybeans 51,741

Wheat 6,000

Citrus Fruits 27,260*

Honey 360*

IMPORTS 72,054

Raw Barley 45,111

Raw Sugar 26,943

REMOVAL 42,797

Wheat 1,600

Soybeans 28,797

Malted Barley 12,400

TOTAL 208,878

Boxes handled at the Port of Paysandu

- 2015

Loading (citrus fruits 98%, honey 2%)

958

Unloading (empty) 843

Total 1,801

PORT OF

SALTO

INTRODUCTION

The Port of Salto is located on the coast of the River

Plate, in the city of Salto, in the department of the

same name, 13 kilometers downstream from the

hydroelectric dam and 495 km away from Montevideo.

INFRASTRUCTURE

The Port of Salto has a dock of 140 meters of length and 16.50 meters of width, where there

are two electric Les Ateliers cranes with a lifting capacity of 5.000 kg each.

The railways that reach the end of the dock are in good shape. The water level in the River

and, therefore, at the Port, changes significantly depending on the volume of water released

by the hydroelectric dam, which notifies said releases 48 hours in advance.

Works were carried out to restore and reinforce the dock and to prepare the paved area for

crane operations.

Upon signing a commodatum agreement with the National Directorate of Customs, the

Customs building was renovated in order to be used as a passenger terminal. The construction

works included roof repairs, construction of new toilets and improvement of the electrical

installation, the sanitary facilities and masonry.

FIGURES

PASSENGERS

The passenger traffic during 2015 amounted to 17,594

passengers, which represents a 17% fall from the

previous year.

This fall was mainly due to the restrictions applied by

the National Directorate of Customs to passengers,

who were not allowed to bring any goods with them.

This measure by the DNA, besides causing a decrease

of passengers, is also causing a reduction of the

frequency of crossings.

Passenger Movement - period 2014-2015

-

500

1.000

1.500

2.000

2.500

3.000

3.500

4.000

4.500

5.000

January March May July September November

2014 2015

It should be mentioned that in the last

few years, passenger traffic at the Port

of Salto had been increasing since

2008, so this represented a change in

its main business activity: the river

passenger traffic.

The greatest movement of passengers

was registered in 2013 and 2010, with

49,431 and 38,375 passengers,

respectively.

In July, 3,200 tonnes of soybeans were handled at the Port of

Salto, in a removal operation to the Port of Nueva Palmira, in

order to create a new business aiming at reactivating the Port.

Movement of passengers 2015/2014

Month 2015 2014 Change

%

January 249 4,512 -94.5% February 692 3,230 -79%

March 879 2,566 -66% April 840 2,659 -68%

May 404 1,683 -76% June 780 1,148 -32%

July 960 588 63% August 2,661 1,137 134%

September 3,746 1,220 207%

October 3,855 748 415%

November 1,543 672 130% December 985 969 2%

TOTAL 17,594 21,132 -17%

Movement of passengers 2007/2015

Year Embarking Disembarking Total Change

(%)

2007 3,605 6,348 9,953 -

2008 4,286 6,175 10,461 5%

2009 7,419 6,455 13,874 33%

2010 20,066 18,309 38,375 177%

2011 18,516 17,622 36,138 -6%

2012 18,741 18,595 37,336 3%

2013 25,165 24,266 49,431 32%

2014 10,474 10,658 21,132 -57%

2015 8,674 8,920 17,594 -17%

AUTHORIZED OPERATORS

Authorized port operators by service and port - 2015

Operator Service Port

A.N.C.A.P. Cargo Vessel

Montevideo -

Nueva Palmira

- -

Colonia

- Juan

Lacaze - -

Adantir S.A. Cargo Montevideo - - - - - -

Aeromarine S.A.(cupromar) Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Afrecor S.A. Vessel Montevideo - - - - - -

Alarey S.A. Cargo Montevideo - - - - - -

Albilan S.A. Cargo Montevideo Nueva

Palmira Fray

Bentos - - - -

Alimentos del Sur S.A. Vessel Montevideo - - - - - -

Auto Terminal Montevideo S.A. Cargo Montevideo - - - - - -

Badiluz S.A. Cargo Montevideo - - - - - -

Barbados S.A. Vessel Montevideo Nueva

Palmira - - - - -

Bastley S.A. Cargo Montevideo Nueva

Palmira Fray

Bentos - - Paysandú -

Belt S.A. Passenger - - - Colonia - - -

Bertani Silva Cesar Alejandro Vessel - Nueva

Palmira - - - - -

Betahi S.A.(cupromar) Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Bidol S.A. Cargo Montevideo - - - - - -

Bodasur S.A. Vessel Montevideo - - - - - -

Boenal S.A.

Cargo Vessel

Passenger Montevideo

Nueva Palmira

Fray Bentos

Colonia -

Juan Lacaze

- - -

Bom-Port S.A. Cargo Montevideo - - - - - -

Buela y Asociados Srl Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

Paysandú Salto

Cabo Ltda. (moorship) Vessel Montevideo - - - - - -

Calmadon S.A. Cargo Vessel

Montevideo Nueva

Palmira Fray

Bentos - - Paysandú -

Cap. Stephan Nedelchev Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Carlos E. Salinas Delgado Vessel Montevideo - - - - - -

Celuloide S.A. (triex) Vessel Montevideo - - - - - -

Centromar Icsa (cupromar) Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Christophersen S.A. Vessel Montevideo Nueva

Palmira Fray

Bentos - - - -

Coit Ltda. Passenger Montevideo - - - - - -

Collazzi Betarte Mariella Vessel - Nueva

Palmira - Colonia

Juan Lacaze

Comfrig S.A. Cargo Vessel

Montevideo - - - - - -

Convi Ltda. (grupo gamma) Cargo Vessel

Montevideo - - - - - -

Coral Melody S.A. (segura) Cargo Vessel

Montevideo - - - - - -

Cyrce Ltda. Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

D.P. Trawl Ltda. Vessel Montevideo - - - - - -

Dagoplen S.A. Cargo Montevideo - - - - -

Danisar S.A. Cargo Montevideo - - - - - -

Dargeluz S.A. Vessel Montevideo - - - - - -

Datyfyl S.A. Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Depósitos Montevideo S.A. Cargo Montevideo - - - - - -

Dervalix S.A. (utilaje) Cargo Vessel

Montevideo Nueva

Palmira Fray

Bentos - - - -

Detisol S.A. Vessel Montevideo - - - - - -

Dinkel S.A. Vessel Montevideo - - - - - -

Disnasol S.A. Vessel

Passenger Montevideo - - Colonia

Juan Lacaze

- -

Divalek S.A. Vessel Montevideo - - - - - -

Ducsa Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

Paysandú Salto

Elbysul S.A. (Abtour Viajes) Passenger Montevideo - - - - - -

Electromaritima Urug. Vessel Montevideo - - - - - -

Energil S.A.(ocean winds) Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Enzo Liguori Dendi Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Escena S.A. Vessel Montevideo - Fray

Bentos - - - -

Esso Standard Oíl Co. Vessel Montevideo Nueva

Palmira - Colonia

Juan Lacaze

- -

Estrella Castro, Alvaro Pablo Vessel Montevideo Nueva

Palmira - - - - -

Euronete Sudamericana S.A. Vessel Montevideo - - - - - -

Fernando Estrella Castro Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia - -

Fernando M. Martin Rivas Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia - -

Finning Uruguay S.A. Vessel Montevideo - - - - - -

G4s Security Services (Uruguay) S.A. Cargo Vessel

Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Gas Sayago S.A. Cargo Montevideo Nueva

Palmira - - - - -

Gertil S.A. Cargo Montevideo Nueva

Palmira Fray

Bentos - - - -

Gomistar S.A. Vessel Montevideo Fray

Bentos

Gran Marca S.A. Vessel Montevideo - - - - - -

Guillermo Jaume Martínez Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Guinche Pez S.A. Cargo Vessel

Montevideo - - - - - -

Indosland S.A. Cargo Montevideo - - - - - -

Indre S.A. Vessel - - - - - Paysandú -

Intercar S.A. Vessel Montevideo - - - - - -

Intership Ltda Vessel Montevideo Nueva

Palmira - - - - -

ISS Seguridad Ltda. Vessel Cargo

Montevideo - - - - - -

Jorge G. Martorell Muraña Vessel Montevideo Nueva

Palmira - - - - -

Jorge Pablo Silva Perez Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

Paysandú -

Jose Enrique Polvora Varela Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Kalil S.A. Vessel Montevideo - - - - - -

Kios S.A.

Cargo Vessel

Passenger Montevideo

Nueva Palmira

Fray Bentos

- - Paysandú Salto

Kuolong s.r.l. Vessel Montevideo - - - - - -

Lamarel S.A. Cargo Montevideo - - - - - -

Lanchas de Trafico Srl Vessel Montevideo Nueva

Palmira Fray

Bentos - - - -

Latimar S.A. Cargo Vessel

Montevideo Nueva

Palmira - - - - -

Lcl Shipchandlers Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Linarios S.A. Vessel Montevideo - - - - - -

Lobraus Puerto Libre S.A. Cargo Montevideo - - - - - -

Logimex Srl Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Loryfell S.A. Vessel Montevideo - - - - - -

Los Cipreses S.A. Vessel

Passenger Montevideo - - Colonia - - -

Lumary S.A. Vessel

Passenger - - - Colonia - - -

Maria Nuñez Caviglia Vessel Montevideo - - - - - -

Marinas S.A. Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Maritima Granelera Uruguay Vessel Montevideo Nueva

Palmira Fray

Bentos - - - -

Metaldis Srl Vessel Montevideo - - - - - -

Mirtrans Uruguay S.A. Cargo Montevideo - - - - - -

Mitracont S.A. Cargo Montevideo - - - Juan

Lacaze - -

Montecon S.A. Cargo Vessel

Montevideo Nueva

Palmira - - - - -

Montevideo Port Services Cargo Montevideo - - - - - -

Murchison Uruguay S.A. Cargo Montevideo - - - - - -

Nadetir S.A. Vessel Montevideo Nueva

Palmira Fray

Bentos -

Juan Lacaze

- -

Nautimill S.A. Vessel Montevideo Nueva

Palmira Fray

Bentos - - Paysandú -

Nelsury S.A. Cargo Montevideo - - - - - -

Nevidel S.A. Vessel Montevideo - - Colonia - - -

Nicorther y Asociados Srl Vessel Montevideo Nueva

Palmira - - - - -

Nobleza Naviera S.A. Cargo Vessel

Montevideo Nueva

Palmira Fray

Bentos -

Juan Lacaze

Paysandú -

Noreplend S.A. Vessel Montevideo - - - - - -

Obrinel S.A. Cargo Vessel

Montevideo - - - - - -

Olivera Gonzalez Augusto José Vessel Montevideo - - - - - -

Ontelur S.A. Vessel Montevideo Nueva

Palmira - - - - -

Pantzin S.A. Cargo Montevideo - - - - - -

Parento S.A. Vessel Montevideo Nueva

Palmira - - - - -

Pedro Gabriel Cimas Puccini Vessel Montevideo - Fray

Bentos Colonia - - -

Perenne S.A. Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Pesquerías Belnova S.A. Vessel Montevideo - - - - - -

Petrobras Uruguay Distribución S.A. Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

Paysandú Salto

Petromovil Ltda. Vessel Montevideo Nueva

Palmira - - - - -

Planir Operador Portuario S.A. Cargo Vessel

Montevideo Nueva

Palmira Fray

Bentos - - - -

Planir S.A. Cargo Montevideo Nueva

Palmira Fray

Bentos Colonia - Paysandú -

Praxair Uruguay Ltda. Vessel Montevideo - - - - - -

Prosegur Uruguay S.A. Cargo Vessel

Montevideo - - - - - -

Provimar Ltda. Vessel Montevideo - - - - - -

Provimare Srl Vessel Montevideo - - - - - -

Provimex Srl Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Puertos del Litoral S.A. Cargo - Nueva

Palmira - - - Paysandú -

Quimex S.A. Vessel Montevideo - - - - - -

Reca Trading S.A. Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Radimon S.A. Cargo Montevideo - - - - Paysandú -

Remolcadores y Lanchas S.A. Vessel Montevideo Nueva

Palmira Fray

Bentos - - - -

Reparaciones Industriales y Navales

S.A. Vessel Montevideo

Nueva Palmira

Fray Bentos

Colonia Juan

Lacaze Paysandú -

Rilcomar S.A. Cargo Montevideo - - - - - -

Rio Estiba S.A. Cargo Vessel

Montevideo Nueva

Palmira Fray

Bentos -

Juan Lacaze

Paysandú -

Ronyltec S.A. Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Santana Pedro S.A. Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia - - -

Santaro S.A. Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Sebastián Vecchio Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Securitas Uruguay S.A. Cargo Vessel

Montevideo - - Colonia - - -

Sedaler S.A. Cargo Montevideo - - - - - -

Sedelir S.A. Cargo Montevideo - - - - - -

Seralmar S.A. Cargo Montevideo - - - - - -

Seralmar S.A. Vessel Montevideo - - - - - -

Serpesa S.A. Cargo Vessel

Montevideo Nueva

Palmira -

- - - - -

Serv y Segur Srl Cargo Vessel

Montevideo - - - - - -

Servinco Srl Cargo Vessel

Montevideo - - - - - -

Servipo Srl Cargo Vessel

Montevideo - - - - - -

Sildan Trading S.A. Cargo Vessel

Montevideo - - - - - -

Skiba S.A. Cargo Vessel

Montevideo - - - - - -

South American Tours de Uruguay Passenger Montevideo - - - - - -

Supramar S.A. Cargo Montevideo - - - - - -

Sur Terminal Logística S.A. Cargo Montevideo Nueva

Palmira Fray

Bentos - - - -

Tacua S.A. Cargo Vessel

Montevideo Nueva

Palmira Fray

Bentos - - Paysandú Salto

Tamer S.A. Cargo Montevideo - - - - - -

Tamibel S.A. Cargo Vessel

Montevideo - - - - - -

Taym S.A. Sucursal Uruguay Vessel Montevideo - - - - - -

Techno dive S.A. Vessel Montevideo - - - - - -

Tecnimar Ltda. Vessel Montevideo - - - - - -

Tecnisegur Uruguay Ltda Cargo Vessel

Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

- -

Tecpayo S.A. Cargo Vessel

- - - - - Paysandú Salto

Temsi s.r.l. Vessel Montevideo - - - - - -

Terminal Cuenca del Plata S.A. Cargo Vessel

Montevideo - - - - - -

Terminales Graneleras Uruguayas S.A. Cargo - Nueva

Palmira Fray

Bentos - - Paysandú -

Tie Line Ltda. Vessel Montevideo Nueva

Palmira - -

Juan Lacaze

- -

Tilcor S.A. Vessel Montevideo - - - - - -

Torbay S.A. Vessel Montevideo - - - - - -

Tramaco S.A. Vessel Montevideo - - - - - -

Transgranel S.A. Cargo Montevideo - - - - - -

Tsakos Industrias Navales Vessel Montevideo - - - - - -

Turisport S.A. Passenger Montevideo Nueva

Palmira - Colonia - - -

U.h.s. Ltda. Vessel Montevideo - - - - - -

Uruamerica S.A. Cargo Montevideo - Fray

Bentos - - - -

Uruguayan Marine Safety Vessel Montevideo Nueva

Palmira - - - - -

Urutug Remolcadores S.A. Vessel Montevideo Nueva

Palmira Fray

Bentos - - Paysandú -

Usimil S.A. Vessel Montevideo Nueva

Palmira Fray

Bentos Colonia

Juan Lacaze

-

Verlymar S.A. Cargo Montevideo - - - - - -

Viajes Bueme's S.A. Passenger Montevideo - - - - - -

Vilda S.A. Vessel Montevideo - - - - - -

Vimalcor S.A. Cargo Montevideo - - - - - -

Virex S.A. Cargo Montevideo - - - - - -

Viseport Srl Cargo Vessel

Montevideo -

Nueva Palmira

Fray Bentos

Colonia - Paysandú -

Zeinal hnos. S.A. Vessel Montevideo - - Colonia - - -

COMMERCIALIZATION AND FINANCE AREA

COMMERCIAL DEVELOPMENT DIVISION

Accountant Luisa Aldaya

Head of the Commercial Development Division

Economist Lourdes Manzur

Deputy Head of the Commercial Development Division

Document written by:

PCE&A Manuel Lorenzo

Economist Carla Gianoni

comercial@anp.com.uy

Year 2016