Public Bidding for Panama Dockyard in 2011

The Maritime Authority decided to invite bids for the dockyard concession currently operated by Braswell Shipyard.

Tuesday, September 8, 2009

Roberto Linares, from the Maritime Authority stated that, with the public bidding process, every interested company will have a chance to participate.

Braswell Shipyard, the current operator, had requested to "remain on the Pacific coastline of the Panama Canal for 20 additional years, committing to $40 million in investments", reports

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 Shipyards has Best Offer for Panamanian Shipyard

June 2012

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

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.

New Tender for Balboa Shipyard

May 2012

The Panama Maritime Authority has reopened the $19.8 million tender, a concession for the development, management and operation of a shipyard on the Pacific coast at the Port of Balboa.

The new date for submission of bids is June 8th, 2012.

The contract is to grant a concession for the development, management and operation of a shipyard in the Pacific Sector, the Balboa port complex in the Province of Panama.

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

 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

Software for banks, brokerage firms and financial institutions

Colombian company with more than 30 years in the market develops and offers IT solutions for Central American companies in the financial and banking sector.
Solutions for managing investment portfolios, investment...

Stock Indexes

(Jan 16)
Dow Jones
S&P 500


(Feb 16)
Brent Crude Oil
Coffee "C"