MEC Shipyards has Best Offer for Panamanian Shipyard

The consortium MEC Shipyards submitted the best offer in the tender for the 20 year concession of the shipyard located in the Balboa complex.

Wednesday, June 27, 2012

The Evaluation Commission of the tender process presented a report which indicates that the consortium MEC Shipyards consisting of the Panamanian company Marine Engineers Corporation and MEC Balboa Shipyard of the Kardonski group, submitted a bid for $99.1 million for the 20 year concession or $250 thousand a year. The score was 91 points awarded out of a total of 100.

Wilfredo Jordán writes in, "In the tender, on June 8, there were three other proposals from consortia Panama Dry Docks, $67.7 million (71.2 points); Astillero del Pacífico, $ 38.5 million (55.6 points) and Talleres Dry Docks, $36.1 million (45.4 points).

The MEC's economic proposal received 70 points being almost five times the reference price established in the specifications by the Panama Maritime Authority (AMP), which was $19.8 million over the 20 years. "

More on this topic

Panama Awards Concession of Shipyard in the Pacific

January 2013

The Consortium MEC Shipyards has taken possession in concessional format of the former Braswell Shipyard, and will pay $99 million over a 20 year term.

From a press release from the Panama Maritime Authority:

State will receive $250,000 monthly rent in the first year of the concession.

MEC Shipyard Wins Concession

July 2012

The Panama Maritime Authority has formally awarded the consortium made up of the Panamanian company Marine Engineers Corporation and MEC Balboa Shipyard.

Other bidders now have five days to file appeals against the decision of the MPA.

MEC Shipyard’s bid was for $99.1 million ($250 thousand a year) for the 20 year concession for the administration and operation of the shipyard in Balboa, formerly operated by Braswell.

New Bids on Former Braswell Shipyard

June 2012

In a second tender created by the Panama Maritime Authority to grant the administration and operation of the yard in Balboa, four companies have participated.

The bidders are the same as in the first tender, with the only difference that MEC Shipyards (formerly MEC Dry Docks) has now partnered with the Kardonski group instead of IBT.

Braswell Shipyard Tender

January 2012

With a price tag of nearly $29 million, the concession has attracted local and foreign investors.

The main disagreement expressed by local businesses is the requirement for prospective licensees to have between 20 and 40 years of experience in managing similar projects, which would leave them out of competition.

 close (x)

Receive more news about Business and Investment

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Tailor made software for construction companies

O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...

Stock Indexes

(Apr 6)
Dow Jones
S&P 500


(Dec 12)
Brent Crude Oil
Coffee "C"