The Panama Maritime Authority extended for a 25-year term and in favor of the Panama Ports Company, the contract for the development, construction, operation, administration and management of container terminals.
The Board of Directors of the Panama Maritime Authority declared itself in permanent session as of May 27, 2021, for the purpose of analyzing compliance with Contract Law No.
The Panama Maritime Authority tenders the operation services of the Balboa Shipyard facilities, which includes the rehabilitation, development and administration of the site, for a 20-year term.
Panama Government Purchase 2021-2-03-0-08-08-LV-008104:
"The Balboa Shipyard, dating back more than 100 years, located in the Pacific, is the only facility in Panama and in the entire region that has three (3) dry docks, one with the necessary dimensions to service Panamax vessels.
The president of Guatemala offered the neighboring country to explore the possibility of El Salvador having a maritime cargo terminal in the Guatemalan Atlantic, a proposal that generates doubts among exporters.
The announcement was made on January 27th, during a meeting between Alejandro Giammattei and Salvadoran President Nayib Bukele, on the occasion of the signing of the open skies agreement.
Costa Rican exporters are negotiating to change the frequency of the maritime route between Port Moin and Shanghai from monthly to weekly from February 2020.
It is expected that in November of this year the construction of the new dock 2A in the bay of Puerto Cortés, in Honduras, which will serve for the export of stone aggregates to the U.S., will be completed.
Directors of Grupo Avanza, the company in charge of the project valued at $22 million, informed that the works have already begun and estimate that in the first 15 days of November the work will be completed.
After several delays in the construction process, the Moin Container Terminal was officially inaugurated in Costa Rica, a port that has already been authorized to start operations of the second berth.
The operations of the maritime terminal in charge of the concessionaire APM Terminals began in October 2018, since at the end of that month the authorities of the National Council of Concessions informed that after the definitive reception of the work, the maritime terminal received the order to start operating.
Two multipurpose cranes with the capacity to mobilize 600 tons will begin operating at Guatemala's maritime terminal on December 12th.
Representatives of the Ministry of Communications informed that the new cranes of Operadora Logística de Guatemala, S.A., the company that won the tender to provide the service, have a $6 million cost each.
Hector Recinos, vice minister of Communications in charge of ports and airports, said to Prensalibre.com that "... The crane service operations are going to be reactivated and with the shipping agents the itineraries to receive ships with containerized goods have already been programmed."
In the last five years, the Honduran maritime terminal has gone from moving 20 to 40 containers per hour, and the average service time per truck has fallen from 120 to 40 minutes.
According to the representatives of the Central American Port Operator (PPO), the concessionaire of the maritime terminal since 2013, have had to make investments in different areas of the port to increase its operational capabilities.
After investing close to $240 million, the Central American Port Operator has started operations at pier number 6 of the Honduran maritime terminal.
See statement from the Presidency of Honduras.
Puerto Cortés, September 21."Pier number 6 is on its way to making Puerto Cortés the leader of the region and the Caribbean," said President Juan Orlando Hernandez today when inaugurating the work, which represents a major step in the modernization of these port facilities.
From January to June a total of 161,000 TEUs were mobilized from Guatemalan ports to different US destinations, registering a slight year-on-year increase of 1%.
According to the "Logistics Monitor" prepared by the Guatemalan Association of Exporters (Agexport), Port Everglades in Florida prevails as the main cargo receiving port of Guatemala, with 15% of the total sent there up to June, followed by Wilmington in Delaware, with 13.4%, Gloucester in New Jersey with 9.5%, Gulfport in Mississippi, with 7.8% and Port Hueneme in California, with 7.6%.
Guatemalan business leaders have denounced the fact that due to the crisis in Nicaragua that is now affecting the region, the cost of transporting goods by sea has increased between 30% and 40%.
Representatives from the Chamber of Industry in Guatemala (CIG) and the Guatemalan Chamber of Food and Beverages (CGAB), reported that due to the Nicaraguan crisis which started in mid-April and has deepened with every week that has passed, entrepreneurs have reported increases in their transportation costs caused by the difficulty of traveling through the territory under conflict.
A $130 million loan is being negotiated with the BCIE to begin, at the end of the year, improvement works at the port of Corinto.
Representatives from the National Port Company (EPN) explained to Elnuevodiario.com.ni that in addition to the terminal's modernization plan, which would "... double the arrival of cargo ships ... an investment of approximately $70 million will be made in modernizing the port, only in what corresponds to equipment, and that the project will take about two years."
Between January and September, Panamanian ports moved 5 million containers, 13% more than in the same period in 2016.
Compared with the same period in 2016, the increase of 12.6% is equivalent to 577,679 additional TEUs.
According to figures from the Panama Maritime Authority, the largest movement was recorded in June, with 610,975 TEUs. In the remaining months, the movement was higher than 500 thousand TEUs.
Vessels sailing under the Panamanian flag will receive benefits in port tariffs and preferential treatment in ports in the People's Republic of China.
From a statement issued by the Presidency of Panama:
Panama reaffirms its leadership in merchant marine matters by receiving the status of "Most Favored Nation", with which vessels under their registry will receive benefits in port tariffs and preferential treatment in ports in the People's Republic of China.
In the first seven months of this year 2.4 million containers have moved through panamanian ports, 10% more than in the same period in 2016.
Preliminary figures from the Panama Maritime Authority show that between January and July of this year, 2,357,588 containers passed through Panamanian ports, equivalent to 3.9 million TEUs.