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Panama: Expansion of Port Terminal in Colon

Thursday, January 19, 2017

The proposal is to extend by 20 years the concession of the container terminal at Puerto Coco Solo to Colon Container Company, which plans to invest $90 million in its expansion.

From a statement issued by the Presidency of Panama:

Increased Port Capacity in Colon

Thursday, December 17, 2015

The new 340 meters quay that the concessionaire Colon Container Terminal has started to operate has capacity to accommodate up to 22 rows of vessels.

The dock required an investment of $150 million and has increased port capacity by 500 thousand TEUs, bringing the total capacity of the port to 2 million TEUs.

Panama Ports: Bulk Material Handling Up 42%

Wednesday, July 22, 2009

Cargo movement at ports rose only 10%, because other items such as containers and general cargo registered decreases.

Container cargo decreased 10.5% between January and May 2009 when compared to the same period of 2008, the largest drop among all port sectors.

Colon Container Terminal expands

Tuesday, February 3, 2009

The company paid the Panama Maritime Authority $11.3 million in advance for the right to use 12.3 hectares at Coco Solo.

Wilfredo Jordan reports in a note published on Prensa.com that "On the new plot of land, the company will carry out investments worth $200 million."

Colon Terminal in Panama seeks to double copacity

Wednesday, October 22, 2008

The Taiwanese Container Terminal in Colon has asked the Panamanian government to expand the concession for its container yard.

According to the proposal, the company would get 12 additional acres in concession to convert them into a container yard, thereby increasing current capacity of 700,00 to 1.5 million containers.