Panama: Dip in Maritime Traffic Affecting Business

Panama Ports Company has stated that due to the unfavorable trend registered by the national maritime industry, the company is carrying out organizational changes in order to continue operating.

Wednesday, May 9, 2018

From a statement issued by Panama Ports Company:

It is difficult for us to send this communication, faced with such a painful decision, against our will.

As is known to many of you, the national maritime industry has seen an unfavorable trend at Panamanian ports. Some of the volume handled in the country has been reoriented to other ports in the region, regardless of our vast capacity to serve it, or is directly traveling to its final destination, via the Panama Canal, after its expansion, without having to be transfered in Panama. Without a doubt this situation has impacted our organization.

It is vital that we adjust to this new reality of the business. For this reason, with much regret we find ourselves working on an organizational scheme where difficult changes are being implemented, but which are necessary for the continuity of our operation.

If you have any immediate concerns, do not hesitate to approach the leader of your area, who will know how to channel your inquiries. 

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