español$400 million Investment in Port Rodman AnnouncedTuesday, April 21, 2015 Port of Singapore Authority plans to invest $400 million in its container terminal in Rodman, to increase capacity by two million TEU's and accommodate vessels carrying up to 24 rows of containers. The construction of two additional docks and installation of eight gantry cranes is expected to allow for "... accommodating vessels with up to 24 rows of containers." With this project the aim is to expand port capacity at the Pacific entrance to the Canal. Port Expansion Approved in PanamaMonday, August 19, 2013 The Panama Canal Authority has authorized the expansion of the Rodman Container Terminal, owned by PSA International. According to Jorge Quijano, administrator of the Panama Canal, it is now up to the Panama Maritime Authority (AMP) to give final approval to the extension. Construction of Panamanian Pacific Port AdvancesTuesday, March 22, 2011 With a $100 million investment, the port terminal being developed by Singapore Ports Authority (PSA) is progressing according to schedule. The terminal will be the second largest port in the Pacific and will have a capacity to move 450 thousand containers per year. Panama Logistics Expo 2009Thursday, April 2, 2009 On October 14 and 15, companies will show their products and services, forming contacts between themselves and potential customers. Panama Logistics Expo 2009, to be held at the Vasco Núñez de Balboa Convention Center, will bring together multinational companies, suppliers, government representatives, consultants, agents and freight and passenger transport companies. Air Panama interested in flights to Cayman IslandsMonday, January 30, 2012 Airline still to apply to aviation authorities of Cayman Islands. If approved, flights would start in February Air Panama intends to open a new route, flying from Panama to Cayman Islands. If approved, the airline may start with a twice-weekly service since February, the CayCompass.com website reported. FAA Opens Regional HQ in PanamaThursday, February 25, 2010 The U.S. Federal Aviation Administration (FAA) has inaugurated its regional office for Central America and the Caribbean in Panama. It will operate from the U.S. Embassy in the country, and will be headed by Daniel Castro. Contracts Worth $4 Billion Awarded by Panama CanalTuesday, July 27, 2010 On 30 June the Panama Canal Authority (ACP) awarded over $4 billion worth of contracts. The contracts relate to canal expansion works with a total value of $4.041 billion. Canal Locks Construction at 10%Thursday, February 10, 2011 The construction of the new set of locks is 10% completed. The announcement was made by Antonio Zaffaroni, director of United Group Channel Consortium, the project developer. Panama Canal's Options For Facing Off CompetitionFriday, August 16, 2013 The Panamanian response, in the event of any of the inter-oceanic canal projects materialising, would be to create another expansion of the Canal. This was the announcement by Jorge Quijano, chief administrator of the Panama Canal Authority (ACP), after hearing about the intentions of Guatemala and Nicaragua to build two oceanic canals, on land or water. Canal Transit Temporarily SuspendedWednesday, December 8, 2010 The Panama Canal Authority temporarily suspended transit through the waterway. The suspension was due to high water levels at lakes Gatun and Alajuela as a result of heavy rains. 10 Years of Panamanian Administration at the CanalMonday, January 4, 2010 On December 31st, 2009, Panama celebrated 10 years administering the Canal. Alberto Alemán, head of the Panama Canal Authority (PCA), remarked the benefits the country has reaped in this decade of Panamanian administration of the Canal, evidenced in more than $4.7 billion delivered to the National Treasury since 2000. Transit Through the Panama Canal NormalizedThursday, December 9, 2010 Transit through the canal was resumed after temporary closing caused by heavy rains. On Wednesday, December 8, at about noon the decision was made to close the Canal in order to ensure safe passage. Panama Canal Expansion Awarded $4 Billion in ContractsTuesday, May 25, 2010 As of March 2010, the Panama Canal Authority (PCA) had awarded $3,993 million in contracts related to enlarging the Panama Canal. $331.7 million have already been disbursed, according to data from the PCA. Panama Canal Extends Deadline for Dry Excavation BidsTuesday, December 1, 2009 The deadline for submitting bids for the fourth and last dry excavation project was postponed to December 10th. The original deadline was December 3rd, but the Panama Canal Authority decided to give companies more time. ACP Invests $320 million in Modernization ProjectsTuesday, June 2, 2009 Investments in lock lighting and the purchase of five tugs boats, among others, have been made to improve the service. The improvements, according to the Panama Canal Authority (ACP), have increased daily traffic and provided greater security. |
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