Balboa Port in grows in Panama

In the last five years, the Balboa port has been at the top of the list of the 30 ports with the most growth in Latin America, according to the bulletin published by CEPAL.

Tuesday, December 30, 2008

According to presna.com: "In the last few month, Balboa, where some 3000 persons work, has began operations in several routes and shipping lines which use Panama as their distribution center.

The report establishes that the behavior in international trade measured in volume has grown at a rate that is greater than overall economic activity.

More on this topic

Railroad Movement in Panama Down 40%

April 2013

Problems in the computer systems at Balboa port have slowed container cargo on the railroad.

Currently three thousand containers a week are being transported when normally in the same period of the year nearly eight to nine thousand containers a week are mobilized.

Tomás Kenna, president of the Panama Canal Railway, explained that "the problem we are experiencing is with the receipt and delivery of containers at the ports." According to the official, what is happening with the movement of cargo has to do with the implementation of a new computer system at the Port of Balboa, which apparently is having problems attending to boats and trains.

Panama: Operations Paralyzed in Puerto Balboa

March 2013

The implementation of a technology system promised to streamline operations in the terminal, but ironically it has stalled operations since last Wednesday.

"There have been normal delays as a product of the transition from the old to the new system, including delays in dispatching containers to the railway," said Rommel Troetsch, head of corporate affairs at Panama Ports Company (PPC), adding that operations should return to normal in the next few days.

Extensive Damage Caused by Panama Ports Company Strike

April 2012

The direct costs incurred from diverting cargo to other ports, and the effect on Panama’s image as a safe logistical hub.

Maritime employers say that the economic losses are incalculable, but the greatest damage caused by the general strike by workers of the PPC is to Panama’s image.

Panama Ports: fastest growing in Latin America

July 2009

Ports in Panama and Peru recorded the highest levels of growth in Latin America in 2008.

Latin Business Chronicle, published in Miami, remarked the Port of Balboa as the one with the highest growth in real numbers, while the Peruvian port of Ilo recorded the highest percentage growth.

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