A court ruling has overturned the SAT resolutions authorizing Empresa Portuaria Quetzal y Terminal de Contenedores Quetzal to operate as temporary customs warehouses.
Although the Superintendency of Tax Administration (SAT) has announced that it will be appealing the ruling given by the Second Administrative Appeals Chamber, the reality is that since June 28, the activities of the customs warehouses in Empresa Portuaria Quetzal (EPQ) have been suspended as well as those at the Terminal de Contenedores Quetzal (TCQ)."...The resolution orders that the SAT no longer has the customs service under its administration, which contravenes the Central American Customs Code CAUCA, therefore the Superintendency will file an appeal against the decision made by the Court."
Due to several constructive defects, the Dutch company APM Terminals anticipates that the opening of the container terminal will take place in June 2018 and not in January, as originally planned.
According to authorities of the concessionaire, among the inconveniences that have occurred in the process of constructing the port terminal are poor compaction of the surface of the 40 hectare artificial island, and damages in 20 meters of the breakwater, among other things.APM Terminals estimates that the work will be completed in June 2018, and not on January 18, as indicated in the contract.
Companies from Mexico, Colombia and France have shown interest in operating the Nicaraguan port terminal through means of a private concession.
The possibility of granting in concession the operation and maintenance of the port is something Nicaraguan entrepreneurs have been suggesting to the government for some time, since they believe that using this method, improvements could be made in the efficiency of the terminal's operations.
The consortium formed by China Harbor Engineering Company Limited and Jan de Nul Panama has been awarded a contract to design, build and operate a cruise terminal in Amador.
The Panama Maritime Authority has awarded the consortium Cruceros del Pacífico a contract to design, build and operate a cruise terminal on Perico Island, in the Amador Causeway.Thetender, in which only the winning consortium participated, was postponed several times, at the request of the companies who had expressed their interest during the approval process.
China Landbridge Group has started construction of the Panama-Colon container port in Isla Margarita, Panama, which will be capable of servicing Neo Panamax vessels.
From a statement issued by the Presidency of Panama:
From July 25 to 28 representatives from the port industry in the region will be meeting in Belize at the XXXIX Port Meeting of the Central American Isthmus.
At the event, to be held at the Best Westerm Biltmore Plaza Hotel in Belize, the main discussion panels will address current issues such as the Cruise Industry, Mobility and Logistics Policy in Central America, Strengthening Environmental Port Management in Central America, Multilateral Agreement And Safety, Port Security and Protection, Gross Verified Mass (GVM), Climate Change and the Role of Women in the Port Industry, among others.
The Panama Canal Authority insists on the great commercial potential a port in Corozal Oeste would have, and announced that it will be re-evaluating alternatives to develop it.
From a statement issued by the Canal Authority:
The Board of Directors of the Panama Canal Authority (ACP) has authorized the Canal Administration to carry out the corresponding evaluations and to present new terms and conditions to allow for the development and operation of a container port in Corozal Oeste.
The absence of a municipal permit could be the reason behind the temporary suspension of the operations of the Quetzal Container Terminal ordered by the Joint Appeals Chamber of Escuintla.
The union of workers of Empresa Portuaria Quetzal (EPQ) filed a legal petition arguing that the company did not submit a municipal license to operate.The Escuintla Joint Appeals Chamber ordered the suspension of operations and required the EPQ to submit a report on compliance with the resolution within 48 hours.
Among the works planned by the Quetzal Port Company are the construction of a road overpass, a breakwater, and dredging at the commercial dock.
The investment plan presented by Empresa Portuaria Quetzal (EPQ) indicates that the total amount allocated for these works, to be carried out in 2017 and 2018, will be $15 million.
New businesses in the segment of small shipping companies, and competitiveness in the maritime and logistics regional market is what the country is missing out on because of the delay in the construction of a new terminal.
One of the main points in favor of the construction of a port in Corozal is the business that could be generated in the segment of smaller shipping companies, which, according to entrepreneurs in this sector, have difficulty accessing the services they need because larger shipping companies are generallygiven priority attention at major ports.
The lack of tax incentives could be one of the reasons why no companies submitted bids in the tender for the concession of the port in Corozal in Panama.
The lack of bids in the tender for the concession of the construction and operation of a container port in Corozal West came as no surprise to some entrepreneurs in the maritime sector, who believe that lack of sufficient tax incentives could have influenced the decision of companies to not submit bids.The opposition that the project has generated and the lawsuits filed against it could also have weighed on the decision not to participate.
Although legal challenges remain, Quetzal Container Terminal has resumed its duties and received the first vessel, after nine months of no operations.
The auditor Alexander Aizenstatd, explained that the start of operations at the TCQ was due to the fact that to date the contract has not been canceled and therefore "there is no measure affecting its validity'.
March 3 is the new deadline for submitting proposals in the tender for the design, construction and operation of a container terminal in Corozal, Panama.
From a statement issued by the Panama Canal Authority:
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