Spanish Shipyard Wins Contract for Tugs

The company Astilleros Armon has won a $158 million contract for the construction of 14 tugs for the Panama Canal Authority.

Monday, October 3, 2011

A release by the Panama Canal Authority (ACP) states that the 14 new tugs are being acquired to “increase the current fleet to meet the projected growth of transits through the waterway.”

The statement goes on to say “The contract was awarded to the company offering the best value proposal where the price had a weighting of 35% and the technical proposal, 65% . The tender was open to as wide an audience as possible and had the participation of 20 companies from countries in South America, Europe and Asia.

The contract involves the construction, testing and staggered delivery of 14 tractor-type tugs of 70 tons, the first of which will be received within 600 days after award.

The tugs will be able to assist the largest vessels transiting the current and expanded Canal, with transit operations, anchoring and other maneuvers in the waterway.

The Panama Canal currently has a fleet of 32 tugs to assist the more than 14,000 transits that occur every year.

In contrast to the current system, the new canal locks will operate without engines and the tugs will be assisting the passage of the ships.”

More on this topic

Costa Rica: Port Investment of $124 million

December 2014

As part of the agreement with the dockers' union, the government has to build a new berth and purchase 4 cranes, 40 forklifts and two tugs.

As part of the commitment to strengthen and modernize the ports of the Board of Port Administration and Economic Development of the Atlantic Coast (Japdeva), the Government must build a berth 26.2 meters wide and 350 meters long, and also provide the necessary machinery to get it going.

Tugs for Panamanian Ports

December 2012

With a cost of over $15 million two new tugs belonging to companies of the Meyer's Group have joined the service in Panamanian Atlantic ports.

A statement from Meyer's Group reads:

Meyer's Group expands operations in the port sector of Panama

The companies that make up the entity, are committed to the expansion of the Atlantic ports, a factor that has motivated them to invest more than $15 million in the purchase of new equipment in order to strengthen their presence in the country and meet needs in Latin America and the Caribbean.

More Maritime Services in Panama

July 2010

Starting July 27, KTK Panama S.A. will offer towing services in the Panama Canal

The company has operated in the Caribbean for 25 years, and will start operating with two towing ships, one at Manzanillo International Terminal and another in Colon Container Terminal.

From the company’s press release: “KTK is convinced of the potential of Panama and is willing to participate in this market.

Panama Canal Expansion Awarded $4 Billion in Contracts

May 2010

As of March 2010, the Panama Canal Authority (PCA) had awarded $3,993 million in contracts related to enlarging the Panama Canal.

$331.7 million have already been disbursed, according to data from the PCA.

As for the progress of the project, the Authority reported that the excavation of the Pacific waterway, known as phases 3 and 4, is 63% and 9% ready respectively.

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