Ecuadorian Customs Reforms to Auction 12,000 Abandoned Containers

Effective July 29, a reform to the COPCI (Organic Code of Production, Commerce, and Investment) came into force, enabling customs to auction, donate, or destroy goods held for over a year without judicial proceedings. This measure aims to address the accumulation of more than 12,000 abandoned containers, valued at USD 450 million, thereby freeing up operational space within the country's port infrastructure.

SENAE will register the immobilized cargo and, following its official publication, will grant a 15-day period for consignees to claim it before its disposition. Funds generated from the auctions will be deposited into the National Treasury or judicial accounts, while goods lacking commercial value or subject to import restrictions will be destroyed or donated in accordance with legal regulations.

This initiative will alleviate congestion at key facilities such as Guayaquil, Fertisa, and Naportec, by eliminating storage surcharges that can amount to up to USD 76,362 annually per container. This is expected to accelerate the rotation of maritime transport and reduce supply chain costs, thereby enhancing the competitiveness of a sector vital to millions of citizens.