españolNew Ocean Freight Service from GuatemalaTuesday, April 11, 2017 Starting from May, Hapag-Lloyd Guatemala will connect in a northbound direction with the ports of the US West Coast and once a week in a southbound direction with the European and Mediterranean ports. From a statement issued by Agexport: Panama: Dip in Maritime Traffic Affecting BusinessWednesday, May 9, 2018 Panama Ports Company has stated that due to the unfavorable trend registered by the national maritime industry, the company is carrying out organizational changes in order to continue operating. From a statement issued by Panama Ports Company: Panama: New Office for Maritime Businesses in MiamiTuesday, July 4, 2017 The technical office of the Maritime Authority will operate 24 hours a day in order to facilitate the formalities for conducting maritime business on the US East Coast. From a statement issued by the Port Authority: Maritime Industry Meeting in PanamaFriday, September 8, 2017 From September 27th to 29th, companies from the maritime sector will be meeting in Panama to discuss issues related to technology, rules and regulations in the industry. From a statement issued by the Maritime Chamber of Panama: Congress on Water Transport in PanamaThursday, March 22, 2018 From May 7 to May 11, 2018 companies working in the international maritime industry will be gathering together in Panama City to discuss technical, economic and environmental issues related to water transport infrastructure. From May 7 to 12, 2018, Panama will host the 34th World Congress of the World Association of Aquatic Transport Infrastructures (PIANC). Cargo Movement Still RisingThursday, January 23, 2020 Between January and November 2019, the national port system continued to record positive numbers, as 85 thousand metric tons of cargo were mobilized, a figure 11% higher than that reported for the same period in 2018. The General Comptroller of the Republic reported that only last November there was a 10% year-on-year increase in cargo movement, rising from 7.5 million metric tons in the eleventh month of 2018 to 8.2 million metric tons in the same period in 2019. Cargo Movement Grows to 10%Thursday, October 10, 2019 After the cargo movement in Panama grew 2% in 2018 compared to 2017, in the first eight months of 2019 the volume transported totaled 60.1 million metric tons, 10% more than in the same period last year. The latest report of the General Comptroller of the Republic details that only last August reported a 22% year-on-year increase in cargo movement, rising from 6.7 million metric tons in the eighth month of 2018 to 8.2 million metric tons in the same period of 2019. 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. 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. Acceleration of Maritime Procedures in PanamaThursday, September 21, 2017 The new maritime single window promises to speed up the transhipment process, improve port exit times and reduce the use of paper through a digital system. From a statement issued by the Panama Canal Authority: 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: 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." Increase in Raw Materials Costs: Which Sectors Will Be Affected?Tuesday, April 20, 2021 Salvadoran businessmen expect that at a local level the food, plastics and textile sectors will be the most affected by the increase in the prices of some raw materials and the prices of maritime freight. This phenomenon has been announced for weeks. At the beginning of March, CentralAmericaData reported that due to the imbalance faced by world trade flows, shipping lines have changed their routes and prefer to move empty containers to Asia, a situation that generates shortages and causes increases in freight rates and raw material prices. Central American Port Meeting 2015Thursday, June 4, 2015 From June 16th to 19th representatives from the region's port industry will be meeting in Panama at the XXXVII Port Meeting of the Central American Isthmus. From the website of the Central American Commission on Maritime Transport (COCATRAM): Panama: Setback in Maritime Investment PolicyMonday, June 24, 2013 Regulations require companies to have majority Panamanian ownership; this poses a serious obstacle to the industry. An article in Thebulletinpanama.com reports on protests generated by the adoption of Law 41, which states that at least 75% of the shares of companies involved in the auxiliary maritime industry must be owned by Panamanians. |
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Saturday, November 26, 2022 - last update: 4:27 pm
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