Panama: Slight Improvement in Bunkering BusinessWednesday, April 19, 2017 In 2016 28.8 million barrels of fuel were sold to ships, which is 3.1 million barrels more than in the previous year. Figures from the Panama Maritime Authority indicate that most of the bunker fuel was marketed in the Pacific, with 23.8 million barrels, while the remaining 4.9 million barrels were shipped across the Atlantic. Forum on Bunkering in PanamaWednesday, September 16, 2015 On 6 and 7 October industry representatives worldwide will gather together in Panama City to discuss issues such as the impact of the expanded canal on bunker operations. Representatives from the Maritime Chamber of Panama, the event organizer, said to Prensa.com that "... Activity Drops 25% in Panamanian ShipyardsTuesday, November 10, 2009 Shipyard industry, comprising building and repairing vessels, has dropped 25%. 6 shipyards operate in Panama: "Bayano", located in Puerto Coquira; "Juan Díaz", in Juan Díaz, "Nacional", in Vacamonte; "Braswell International" in Balboa, "Veracruz International", in Veracruz and "Industriales de Monte Esperanza", operated by the Industrial Division of the Panama Canal Authority, located in Colón, reported Prensa.com. Maritime Ministry proposed for PanamaTuesday, August 5, 2008 The president of the Panama Maritime Chamber (CMP), Ruben Karamañites proposes that a Maritime Ministry be established. In order for the maritime sector, which represents 20% of the GDP of Panama, to have representation on the Cabinet Council, the creation of a Maritime Ministry is being proposed. Panama: 'Bunkering' industry to invest $200 millionTuesday, August 19, 2008 Income from ‘bunkering’ for 2008 is calculated at $2 billion, almost the same as for the Canal. Three bunker terminals, which are used to move the fuel used by ships, are programed to invest some $200 million during the next few years. Panama: Maritime Licenses SuspendedMonday, October 5, 2015 The maritime union is opposed to the decision of the Maritime Port Authority to suspend the licensing for service provisioning and transport of fuel. The only companies exempt from the measure are those with an existing direct contract with any oil company, according to the letter sent by Gerardo Varela, General Director of Ports and Auxiliary Maritime Industries at the AMP, to the Maritime Chamber of Panama, shipping companies and users of the entity. If the Ports Cough, Economies Catch a ColdTuesday, December 10, 2013 Port sector entrepreneurs are advocating legal mechanisms to prevent the stoppage of work at ports due to workers strikes. The latest labor dispute which took place in Manzanillo port in Panama and its impact on the logistics industry is not far removed from other countries in the region. Panama and Spain Port Cooperation AgreementWednesday, June 20, 2012 The Panama Maritime Chamber, in order to promote trade ties, has signed a cooperation agreement with the Port Authority of Melilla in Spain. The agreement seeks to strengthen trade relations and promote port projects, as well as commercial developments and training. Anchorage Center Proposed in Panama's Pacific CoastTuesday, September 1, 2009 The proposal was presented before the Maritime Authority of Panama by the Maritime Chamber. Marvin Castillo, president of the Chamber, remarks that the project can be implemented easily, as it only requires regulation and determining its location. For this, a study will be conducted. Panama: Maritime industry terminal to be constructedThursday, September 4, 2008 At an investment of around $2 to 4 million, a group of members from the Maritime Chamber are pushing for the construction of a terminal on the Pacific coast (Farfan). The project, which will be developed as a maritime service cooperative, will take 24 months to complete. How to Avoid a Strike at the PortsTuesday, July 31, 2012 "Because of the importance of the maritime sector for the country, there should be legislation to go to arbitration before reaching a strike" - Willis Delvalle, President of the Maritime Chamber of Panama. Facing millions in losses affecting all clients and participants in the logistic Hub in Panama, as a result of the last strike by workers at the terminals of Balboa and Cristobal, representatives of shipping companies and port operators need to consider the adoption of legislation so that when there are labor disputes port operations are not crippled. The Maritime Industry and the TPA with the U.S.Monday, April 9, 2012 The elimination of the surcharge rate of 50% for U.S. ships to be repaired in Panamanian yards, is a major incentive for this sector. According to the Panama Maritime Chamber the benefits that will be brought by the Trade Promotion Agreement (TPA) with the United States from October 1st , are key to attracting new investment. Logistics Forum on Panamanian Maritime ChamberTuesday, March 27, 2012 "What we are going to do in Panama in order to attract more than a thousand logistics companies for cargo transfer in the next 10 years" The Panamanian Maritime Chamber has officially launched the Logistics Forum " What we are going to do in Panama in order to attract more than a thousand logistics companies for cargo transfer in the next 10 years", in order to find out what advantages and disadvantages Panama has to become a logistics hub for the Americas' largest transhipment of cargo . Port in Veracruz for Auxiliary Marine ServicesMonday, January 7, 2013 Plans are afoot to build a port on the Pacific as a base for the auxiliary maritime industry of Panama. Capital.com.pa reports that "The Panamanian Chamber of Shipping Companies (CMP in Spanish) is structuring a project for the construction of a port on the Pacific coast area, specifically in Veracruz, in order to have an alternative for operations of the ancillary maritime industries, because at the moment there are no public or private options for carrying out these activities. " Panama: Docks for Auxiliary Maritime ServicesTuesday, February 3, 2015 The Maritime Port Authority is planning to build two docks for the auxiliary maritime services industry, one in the province of Colon and another in that of Panama. Taking an old aspiration of the auxiliary maritime services sector, plans are underway for construction of docks on the Atlantic and Pacific coasts. This project had been previously discussed, but the areas chosed for its construction were not available at that time. |
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