New Panamanian Atlantic Logistics Center

It is estimated that in the coming years the Atlantic sector could become a major logistics hub.

Tuesday, August 16, 2011

Expansion of capacity to move containers and systems improvements are some of the tasks that have been started by port operators in the Atlantic sector, who believe there will be a strong rebound in demand once the expansion of the canal is underway.

The ports of Manzanillo International Terminal, Colon Container Terminal and Cristobal have shown significant growth, product of the favourable economy being experienced by Panama and Latin America.

An article in states: "’as Latin America economies reported good growth, so to has the mobilization of goods been positive’, experts say.

"We believe that Brazil will be our mini China over the next four years, added to that is the expansion of the Canal, which makes us think that the situation will be good," said Carlos Urriola, manager of Manzanillo International Terminal.

"When the economy is good people buy more cars, more buildings and heavy vehicles," he added.

Parallel to the growth of ports, which during the first half was about 30%, the railway has also seen growth in the movement of containers from Balboa to Colon and vice versa.

As part of the logistics system, Urriola believes in including value-added products which will generate new jobs. "

More on this topic

El Salvador as Aeronautical Cluster

January 2013

In the next ten years companies in the Aeronautical cluster could generate between $200 and $400 million in revenues, without considering the contribution of air transport.

The projections have arisen from the second installment of a study that is being conducted by ALG-Europraxis, entitled "Aeronautical Development of El Salvador".

Panama: Potential of State Land

October 2012

Seven areas of reverted properties have features that make them ideal for uses such as residential developments, storage and logistics areas, or ports and shipyards.

A World Bank study commissioned by the Panamanian government indicates the optimum uses that could be given to reverted land areas.

A Logistics Strategy for Panama

April 2012

The Logistics Business Council forms the basis for defining a long-term vision to guide the development of Panama as a world-class logistical hub.

Panama needs a long-term strategic vision in order to enhance its logistical, and geographic and fiscal advantages, in the same way that Singapore has made a projection planning up to 2050.

TOC Americas 2011 Panama Begins

November 2011

The TOC Container Supply Chain Americas conference will be held November 15-17 at the El Panama hotel, Panama City.

With the theme of "Redefining the logistics scene in the region," the three-day conference will seek to discover a source of revenue for the much-needed infrastructure improvements throughout the region, to understand the connectivity of land transport networks, and to develop strategies for coping with continuing increases in the volume and size of ships.

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