Panama Canal Will Grant a Concession for Fuel Tanks

Authorities will take bids for operating fuel tanks at both entrances of the Canal; they used to be managed by Atlantic Pacific S.A.

Thursday, May 27, 2010

Representatives from the Presidency remarked they are working in the bidding rules, but no specific dates are known yet.

“The Panamanian Maritime Authority assumed control of 66 fuel tanks administered by APSA (30 in Cristóbal and 36 in Balboa), after APSA concession period ended”.



More on this topic

Panama: Concession for Fuel Storage

June 2014

The government has authorized the granting in concession of 4 acres to Vertikal Corporation for 20 years to operate a terminal to supply fuel to Tocumen airport.

From a report by the Cabinet Council of Panama:

Concession contract agreed between AMP and Vertikal Corporation, Inc.

Progress on Braswell Shipyard Tender

January 2012

Nine companies and consortia participated in the preliminary meeting for the tender of a shipyard in Balboa, convened by the Panama Maritime Authority.

Representatives of nine companies and consortia, among them nationals and foreigners, attended the meeting for the approval of the specifications of the best value tender for the provision and operation of Braswell Shipyard in Balboa, reported Prensa.com.

Four Bids for Liquefied Petroleum Gas Storage

December 2011

The Costa Rican Oil Refinery has received four bids for the tender for the project "System and Storage of Liquefied Petroleum Gas (SAGAS)."

A press release by Recope states:

Bids were opened on November 8, 2011for the public procurement tender number 2011LN-000009-02 for the four areas and related works on the project entitled ‘System Storage and Liquefied Petroleum Gas (SAGAS)’ where offers were presented by four companies from which the most suitable will be selected by the Costa Rican Oil Refinery (RECOPE SA)

Panama: APSA Concession Comes to an End

December 2009

Atlantic Pacific is no longer the concessionaire for the fuel tanks located at both entrances of the Canal.

President Ricardo Martinelli stated his intention of conducting a public bidding process to find the new concessionaire.

"Carlota Mattos, chief of the legal department of the Panama Maritime Authority, argued they want to find the option that is most advantageous for the State", reported Prensa.com.

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