Costa Rica: Port Investment of $124 million

As part of the agreement with the dockers' union, the government has to build a new berth and purchase 4 cranes, 40 forklifts and two tugs.

Friday, December 19, 2014

As part of the commitment to strengthen and modernize the ports of the Board of Port Administration and Economic Development of the Atlantic Coast (Japdeva), the Government must build a berth 26.2 meters wide and 350 meters long, and also provide the necessary machinery to get it going.

Deputy Minister of the Presidency, Daniel Soley told Nacion.com that "... The equipment will be purchased with funds which Japdeva has available, and funds could be transfered from the Ministry of Public Works and Transport. " Likewise "... The Government might use resources which are not being used by other public institutions and complete the formalities in shorter timeframe. "

"... On the other hand, the new berth will cost an additional $65 million and will have to be financed with a new loan. "



More on this topic

Tugs for Panamanian Ports

December 2012

With a cost of over $15 million two new tugs belonging to companies of the Meyer's Group have joined the service in Panamanian Atlantic ports.

A statement from Meyer's Group reads:

Meyer's Group expands operations in the port sector of Panama

The companies that make up the entity, are committed to the expansion of the Atlantic ports, a factor that has motivated them to invest more than $15 million in the purchase of new equipment in order to strengthen their presence in the country and meet needs in Latin America and the Caribbean.

Spanish Shipyard Wins Contract for Tugs

October 2011

The company Astilleros Armon has won a $158 million contract for the construction of 14 tugs for the Panama Canal Authority.

A release by the Panama Canal Authority (ACP) states that the 14 new tugs are being acquired to “increase the current fleet to meet the projected growth of transits through the waterway.”

More Maritime Services in Panama

July 2010

Starting July 27, KTK Panama S.A. will offer towing services in the Panama Canal

The company has operated in the Caribbean for 25 years, and will start operating with two towing ships, one at Manzanillo International Terminal and another in Colon Container Terminal.

From the company’s press release: “KTK is convinced of the potential of Panama and is willing to participate in this market.

Costa Rica: Studies Underway for Transfer Terminal in Port Moín

June 2010

Americas Gateway Development Corporation (Amega) will conduct feasibility studies for a new container transfer terminal in the Costa Rican port.

Ignacio Gallegos, company representative, told BNAmericas that they will start the studies shortly, and will determine if the project is legally, technically, environmentally and financially feasible.

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