In addition to these cranes manufactured by Noel, the company will receive more equipment during 2012 for the operation of its ports in Balboa and Cristobal, including 13 electric RTG gantry cranes for the Port of Balboa, manufactured by ZPMC, with capabilities similar to those made by Noel.

Another 5 RTG Hybrid gantry cranes will be received later at the Port of Cristobal, manufactured by Noel, in China, with capacity of 41 tons, and on pier 18 at the port of Balboa 3 Super Post Panamax gantry cranes will be installed having a capacity for 61 tons and that can work on boats of up to 22 containers wide.

Since 1997, the Panama Ports Company (PPC) has operated two ports, one on each side of the Panama Canal. The Port of Balboa is located in the city of Panama (Pacific Ocean) and the Port of Cristobal in Colon City (Atlantic Ocean). The company began operations in Panama with a 25 year renewable concession (Law 5 of January 16, 1997) that the State awarded for the administration of both ports.

Panama Ports Company is making investments of over $1 billion in both ports in order to turn them into mega-ports that will be able to handle 6.5 million TEUs. These investments will provide a significant upturn in the economy, both local and throughout the Americas.

Source: thebulletinpanama.com

More on this topic

Panama: Ports Acquire 13 Electric Cranes

May 2013

The Panama Ports Company has purchased 13 electric Gantry cranes with capacity to stack up to seven containers high.

As reported Troetsch Rommel, corporate director of the company, the ZPMC brand cranes, left Jiangyn in China, on April 22 and are expected to be arriving at the port of Balboa on May 24, where the barge will unload 6 cranes, then move on to the Port of Cristobal where the remaining 7 will be unloaded.

Port Investment Grows in Panama

January 2013

The steady increase in the volume of cargo transiting the Canal country, leads to more investment in its ports.

The Panama Canal Authority is carrying out studies on developing a port terminal in the Corozal area. Another project will be developed in Margarita Island with an estimated cost of $600 million, according to Willys Delvalle, president of the Maritime Chamber of Panama.

More Cranes for Ports of Cristóbal and Balboa

August 2010

The Panamanian container terminals have received a total of eleven new Rubber Tyred Gantry (RTG) cranes.

Panama Ports Company (PPC), which operates and administrates both ports, indicated that the new equipment means that Cristóbal now has 32 RTGs while Balboa has 58.

RTG cranes feature an elevated bridge and are used for stacking containers in any direction (verticle, horizontal or lateral).

Panama leads Latin America in port cranes

July 2008

With 50 port cranes, Panama has 21 percent of all cranes in Latin America. Mexico is next with 33, and Brazil follows with 31.

In Panama, the Port of Balboa has 18 cranes, Cristóbal has 6, and Manzanillo 14.