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Port modernization opportunities in Latin America and the Caribbean

The ports of Latin America and the Caribbean (LAC) represent a great opportunity for modernization. Since so far very few countries in the region have taken advantage of the new technological tools that allow a digital transformation to achieve more efficient ports and thus actively compete in world trade.

The implementation of advanced port systems, and interconnection offer enormous advantages that would allow them to reduce manual tasks to a minimum and thus the margin of error without the need to make million-dollar investments. In administrative and financial matters, we at GP NAUTICALS make available, mainly our NAUTIC AIMS AND PAY AIMS products, which in turn can be expanded in functionality in conjunction with any other system of our AIMS SUITE.

How does a port currently work, and what benefits would digitization bring?

The first thing we should know is that a series of private and public agents interact in a port, providing services related to port traffic. These operators create a port community and represent in itself a particular unit or company with common interests such as “maritime, land or air transport” depending on the location of the port.

Imagine that each unit or company must make separate notifications to each of the other units that make up this community, it is a cumbersome task. Or simply that they need to carry out management reports or analyzes and must collect data from each of the participating companies, it seems like an impossible mission. But so far this is the reality.

The low investment in the sector and the lack of R&I=D aimed at creating solutions focused on the industry have turned the port system into an enormous opportunity for those technology companies willing to take the first step because if we are sure of one thing, it is that the last two years have taught us that digitization, automation, and interconnection take on a different meaning in the face of a global pandemic.

One of the main ways to achieve efficiency in ports, without the need to incur a millionaire investment, is by adopting a Port Community System or as it is known by its acronym in English PCS. These platforms would allow all those involved to carry out an exchange of secure information, manage and automate logistics processes and thus optimize time and save money in the long run.

Nautic AIMS with PAY AIMS, is a participant in this initiative because it creates a space where all the operators involved in a port can generate a report on their services and/or activities in a transparent manner and in a very short time. Be evaluated, reviewed, and approved between the parts to give way to the billing and collection process, thus achieving the optimization of financial processes and the economic flow that each operator wishes for the optimal functioning of its operations and the highest profitability of its businesses.

PCS in Latin America and the Caribbean

Only a few countries in the region, such as Chile, Jamaica, Panama, and Brazil, are moving towards digital transformation with the implementation of port systems that allow interoperability, migration to the cloud, process automation, and many other services. At the moment it is known that the IDB is supporting through loans for the design and implementation of Port Community Systems solutions for Latin America and the Caribbean, especially for countries such as Argentina, Peru, Suriname, and Trinidad and Tobago, for which increasingly open up the possibilities of investment in the sector.

If you want to know how to manage and centralize your port and maritime services more efficiently, we recommend you visit https://gpnauticals.com/products/nautic-aims/ and its component for managing payments and issuing invoices and innovating in the sector knows https://gpnauticals.com/products/pay-aims/, products belonging to GP Nauticals that seek to convert the port industry into a collaborative, efficient and transparent community. If you want to have more details you can enter the web www.gpnauticals.com and fill out the form so that you can be contacted by a specialist.