The port will be developed on land owned by the Panama Canal Authority (ACP), and will be done in two stages, which include "... A construction area of ​​2,081 linear feet of piers, patio and container structures such as offices and warehouses. "

Prensa.com reports that "... The first phase will include 1,350 meters of quay, three docking areas for neopanamax ships and those with a capacity of about 3 million TEUs or units equivalent to 20-foot long. Projections are that 3 million TEUs will be moved in the first stage and another 2 million TEUs in the second phase. "

'... The terminal will have a access channel which will be 16.3 meters deep and 18 meters depth along the pier. The project will include facilities for turning neopanamax ships. The port will be able to berth five neopanamax ships simultaneously."

'... The next steps include proposing legislation through the Executive and the National Assembly in order to afford bidders the same tax benefits that other port operators in the country have, so that they can operate on an equal footing. After completing this step, the ACP will publish the specifications and make the call for the tender. "

Source: Prensa.com

More on this topic

Puerto Corozal be Tendered in August

March 2016

The Panama Canal Authority plans to publish conditions for the tender in August, after participants have completed a pre qualification process and consultation period.

Today March 11th is the date of receipt of proposals from companies interested in the construction and concession of the port.

Port Expansion Approved in Panama

August 2013

The Panama Canal Authority has authorized the expansion of the Rodman Container Terminal, owned by PSA International.

According to Jorge Quijano, administrator of the Panama Canal, it is now up to the Panama Maritime Authority (AMP) to give final approval to the extension.

New Business Lines for Panama Canal

July 2013

Canal services will not just consist of vessels passing from one ocean to another. There will also be services for terminal RO-RO, bunkering and ship repairs.

Capital.com.pa reports that "The Panama Canal is backing new business developments. The transit of ships from one ocean to another is not the only service which will be provided by this company in the XXI century and the range of options being considered to diversify the portfolio of services is broad: ranging from a container port in the Pacific to Panamax shipyard services in the Atlantic. "

Work Started on Moin Transfer Port Design

March 2012

Americas Gateway Development Corporation, the company that won the tender for the design, will start work on detailing the technical, environmental, commercial and financial studies.

Aubrey Young, CEO of Americas Gateway Development Corporation (Amega), noted that they estimate about twelve months for this stage.