Panama could double revenues from provisioning ships if companies providing these services had adequate port facilities.
Tuesday, July 3, 2012
Both the Pacific and the Atlantic coasts need docks dedicated to the auxiliary maritime industry.
An article in Prensa.com reports that "The new president of the Maritime Chamber of Panama (CMP), Willis Delvalle said that one of the main goals of the guild is to promote the construction of these maritime exit routes. A dock for the auxiliary maritime industry would allow companies to have a place to put their boats, make crew changes and perform a series of related activities. "
The auxiliary maritime industry provides services to aid some of boats that reach Panamanian ports or pass through the Panama Canal, including with, foodstuffs, meats, vegetables and tools. The maritime sector represents approximately 23% of gross domestic product, and of this total the auxiliary maritime industries contribute 7%.
Today ships spend only 5% of their budget for supplies in Panama, a figure that could rise to 10% if there were adequate port infrastructure.
The Panama Maritime Authority has designated an area for the development of the ancillary maritime industries.
From Panama Maritime Authority:
Faithful to its role as a promoter of the development of the ancillary maritime industries, the Panama Maritime Authority began the process of planning, designing and later, the construction of a quay for the provision of services to the ancillary maritime industries, in the Pacific sector of the country.
A suggestion has been made to establish flat rates abroad and attract more port services companies in order to eliminate the concentration that exists today.
From a statement issued by the Superintendency of Competition in El Salvador:
The consultant Edgardo Gamarra, a specialist in competition and in the field of maritime port services, today introduced the "Study of the Conditions of Competition in the Maritime Port Sector in El Salvador" requested by the Superintendency of Competition. The Governing Board of the institution will analyze these results and then issue a resolution with recommendations to promote competition in this sector.
At the Office of International Trade Negotiations at the Ministry of Commerce the negative impact that it would have on the country's maritime activity has been noted.
The law has been harshly criticized by the Ministry of Commerce and Industry (Mici), who also considered that the agreements violate promotion and protection of investments and trade agreements signed by Panama.
A draft law states that 75% of the shareholders of companies engaged in maritime services should be of Panamanian nationality.
Modification of Decree Law 8 of February 26, 1998 has not yet been agreed with the various sectors, but it is assumed it will be discussed in the next few days in Congress.
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