Höegh and the Sola family, owners of SC Line and Fast Terminal International, have signed a Memorandum of Understanding planning to strengthen the RoRo and breakbulk services between US, Caribbean, Mexico, Panama, Colombia and Venezuela.
The intention is that Höegh will acquire the ocean service operated by SC Line out of Port Everglades and Mexico to a wide range of destinations in the area. This service will combine with Höegh’s current regional operation via a hub in Kingston, Jamaica. These services will connect with Höegh’s deep sea network to and from the region, creating a global reach. The regional service will be managed from the current SC Lines’ offices in Panama and Miami, building on their considerable local strength and experience.
At the same time, Höegh, through its wholly owned Horizon Terminal Services, will acquire 100% of Fast Terminal International’s RoRo terminal in Port Everglades and 50% of Fast Terminals International, which operates ocean and inland terminals in Colombia. This secures long term cooperation between Höegh and the Sola family.
The two 4,200 ceu capacity PCTCs Höegh Masan and Höegh Inchon are being positioned into the region, with the first vessel commencing to load in Port Everglades 19 – 20 January, with subsequent voyages every 15 days.
Fast Terminal International is in an expansion phase in Colombia and neighboring markets, and the ocean services will continue to utilise the services provided by Fast Terminal International.
The new cooperation will create robust services to customers in the region. Höegh and the Sola family are excited about the new opportunities this will offer to the market, in a region both parties have great expectations for.