Colon Container Terminal expands

The company paid the Panama Maritime Authority $11.3 million in advance for the right to use 12.3 hectares at Coco Solo.

Tuesday, February 3, 2009


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Wilfredo Jordan reports in a note published on Prensa.com that "On the new plot of land, the company will carry out investments worth $200 million."

More on this topic

Colon Terminal in Panama seeks to double copacity

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The Taiwanese Container Terminal in Colon has asked the Panamanian government to expand the concession for its container yard.

According to the proposal, the company would get 12 additional acres in concession to convert them into a container yard, thereby increasing current capacity of 700,00 to 1.5 million containers.

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Puerto La Union: White Elephant Sits Waiting

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Costa Rica: Port Concession Not Under Political Threat

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The Presidential candidate Luis Guillermo Solis has promised to respect the contract with the Dutch company APM for the construction of a new container dock at Moin.

The likely winner of the presidential election has backtracked on his campaign ads which stated he would "review the ports concession contracts."

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