New environmental rules for Panamanian shipsFriday, February 6, 2009 The ratification of the 2001 Bunker Convention by Panama will increase insurance costs for ships. The "International Convention on Civil Liability for Bunker Oil Pollution Damage," means that the owner of the ship is responsible for pollution damages caused by bunker fuel in the ship and for covering the cost of preventative measures. More Traffic Projected in Panama CanalWednesday, April 4, 2018 For the fiscal year ending September 2018, the authorities foresee that the cargo that will transit through the Canal will reach 431 million tons, 7% more than in the previous period. According to the Panama Canal Authority, the main reasons for the predicted growth in cargo passing through its facilities are the improvement registered in international prices of raw materials and the increase in demand from emerging economies. New Maritime Route Nicaragua - USAFriday, May 29, 2015 The Mexican company Transportes Marítimos Lamol will start operating the US - Nicaragua route, passing through the Escondido River to get to the Port of Arlen Siu, in the south-central part of the country. The new route for TML Liners will be used by ships carrying 80 containers with a capacity of 3000 tons of cargo, which will set sail from Nicaragua to the United States, making a stop in Panama. New Sea Service from Puerto Santo TomásThursday, August 3, 2017 A new service connects the Guatemalan port with the east coast of the United States, Europe and the Mediterranean, through the port of Caucedo, in the Dominican Republic. From a statement issued by Agexport: Santo Tomás Forecasts Increase in Maritime CargoTuesday, April 3, 2018 Due to a recovery of customers and the start-up of a new route, the port terminal in Guatemala expects to mobilize 320,000 containers this year, 8% more than in 2017. Starting in May, the Santo Tomás de Castilla National Port Company (Empornac) will have a new logistics route that will connect the Guatemalan port with the Mexican terminal of Puerto Morelos, in the state of Quintana Roo. Panama: Port Movement Up 10%Thursday, September 14, 2017 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. Panama: Movement in Ports Up 10% in 2017Wednesday, January 31, 2018 In 2017, Panamanian ports handled 6.9 million containers, 10% more than in 2016. According to figures from the Panama Maritime Authority, the largest growth in container movement was registered at the Cristobal port terminal, increasing from 793 thousand TEUs in 2016 to 1.3 million TEUs in 2017, which is equivalent to an increase of 65%. Cargo Movement Grows Less in 2018Monday, February 11, 2019 After recording a 10% increase between 2016 and 2017, last year the movement of maritime cargo in Panama grew just 2% over the previous year. The most recent figures of the General Comptroller of the Republic detail that during 2018 the movement of containers in the National Port System totaled 7 million TEUs, 1.7% more than the 6.89 million TEUs reported in 2017. Grains from Brazil to Pass Through Panama CanalMonday, March 19, 2018 Through an agreement with the union of soy and corn producers in Mato Grosso, promotion will be given to the the transfer of grains from the north of Brazil to markets in Asia. The Canal Authority reported that "...The agreement allows the coordination of joint marketing activities, exchange of market studies and information on commercial flows, as well as modernization and improvement programs." Request to Exclude Maritime Sector from FTA with ChinaThursday, October 18, 2018 Arguing that local investments could be at risk, the Maritime Chamber requested the exclusion of the maritime sector from the trade agreement that Panama negotiates with the Asiatic giant. In a note addressed to the Chief Negotiator of Panama, the trade guild of the sector requested not to include the maritime sector, and especially the auxiliary maritime industry, in the negotiations of the FTA between Panama and China. New Maritime Line Puerto Barrios - FloridaFriday, April 8, 2016 The shipping company Streamlines has announced a new route connecting Puerto Barrios in Guatemala with Canaveral Terminal, in north Florida, USA, from where it will connect with Rotterdam. From a statement issued by Agexport: Maritime Transport: Direct Route Costa Rica – ChinaTuesday, September 24, 2019 China Ocean Shipping Company began operating the new maritime service that will connect Port Moin, in the province of Limon, with Shanghai, in China. The service began operating last September 22, when the ship of the Chinese government's shipping company arrived at the Moin Container Terminal, and left on September 23 after loading products such as pineapple, banana, meat and orange juice. Maritime Cargo Movement Keeps FallingWednesday, November 7, 2018 During the first nine months of the year, cargo movement in Panama totaled 61.8 million metric tons, 5% less than the figure reported for the same period in 2017. The latest data from the General Comptroller detail that only last September was reported a year-on-year fall of 8% in cargo movement, declining from 7.6 million metric tons in the ninth month of 2017 to 7 million metric tons in the same period of 2018. Cargo Movement Keeps RisingWednesday, July 10, 2019 After in 2018, the cargo movement in Panama increased 2% over 2017, in the first five months of 2019 the volume transported totaled 35.4 million metric tons, 3% more than in the same period last year. The latest report of the General Comptroller of the Republic details that only last May reported a 12% year-on-year increase in cargo movement, rising from 7 million metric tons in the fifth month of 2018 to 7.9 million metric tons in the same period of 2019. Panama - China Maritime AgreementThursday, November 23, 2017 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: |
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