Acceleration of Maritime Procedures in Panama

The new maritime single window promises to speed up the transhipment process, improve port exit times and reduce the use of paper through a digital system.

Thursday, September 21, 2017

From a statement issued by the Panama Canal Authority:

From today, the Panama Maritime Single Window (VUMPA) will operate for ships arriving as of Sunday, September 24, according to Jorge L. Quijano, Canal administrator.

The official launch ceremony, held at the Canal Administration Building, was chaired by AMP administrators Jorge Barakat and Jorge L. Quijano. This is a joint initiative by the Panama Canal Authority (ACP) and the AMP, with the support of other national entities, whose purpose is to provide maritime customers with a more efficient system, improving the processes of reception, stay and setting sail.

Read full release (in Spanish).

¿Busca soluciones de inteligencia comercial para su empresa?



More on this topic

Single Counter for Maritime Trade Procedures

June 2017

The Panama Maritime Authority and the governing body of the inter-oceanic canal have agreed to create a one-stop shop to expedite procedures and boost maritime trade.

From a statement issued by the Maritime Chamber of Panama:

In the development of the twenty-fifth session of the Cabinet Logistics, held in the Yellow House of the Presidency of the Republic, the Interinstitutional Cooperation Agreement was signed by the Panama Maritime Authority (AMP) and the Panama Canal Authority Panama (ACP), for the development and implementation of a Single Maritime Counter System of the Republic of Panama, (VUMPA). 

What Panama Loses By Not Having Port in Corozal

March 2017

New businesses in the segment of small shipping companies, and competitiveness in the maritime and logistics regional market is what the country is missing out on because of the delay in the construction of a new terminal.

One of the main points in favor of the construction of a port in Corozal is the business that could be generated in the segment of smaller shipping companies, which, according to entrepreneurs in this sector, have difficulty accessing the services they need because larger shipping companies are generally given priority attention at major ports.

Transit through the Expanded Panama Canal

August 2016

There has been an increases in traffic of neopanamax ships, which now produce revenues of $68 million, as well as extra maritime services that used to go through the Suez Canal.

An article on Prensa.com reports that "...  During the first two months of operation of the expanded Canal 130 neopanamax ships were reported to have passed through, most of them container ships, bringing in total revenues of $68 million.  Since the expanded Canal opened on June 26, business has been growing, with 2 new services coming from the Suez Canal, said the Canal Administrator Jorge Luis Quijano."

Shipping Routes Return to Panama Canal

July 2015

One of the routes is operated by Maersk Line from Asia to the US West Coast and the other by the company Hamburg Sud, going from South America to the Caribbean.

The Canal Administrator Jorge Quijano, said these two new services will generate "between $25 million to $30 million each." Vessels operating the routes are of medium size and will start going through the canal in the coming months.

ok