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: 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: 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. 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: New Routes For Maritime CargoWednesday, August 6, 2014 New DHL trade routes include: from Qingdao, China to Santos, Brazil; from Le Havre, France to Veracruz, Mexico; from Miami, USA. to Colon, Panama; and from Hong Kong, China to Managua, Nicaragua. From a press release published in Dhl.com.mx: Agreements on Transport between Panama and ChinaFriday, February 2, 2018 The approved agreements in maritime and air transport provide the basis for establishing direct air routes and will allow vessels flying the Panamanian flag to receive preferential treatment in Chinese ports. Panamanian authorities ratified the transport agreements with the Asian country, which includes the civil air transport agreement, through which both countries laid the foundations to establish direct routes, opening space to establish commercial or cargo flights between both countries. 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. 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. New Maritime Route to Southern MexicoThursday, March 8, 2018 Through the port of Santo Tomás de Castilla, in Guatemala, a direct connection can be made to Puerto Morelos, in Quintana Roo. This new route provides opportunities mainly for perishable products such as shrimp, vegetables and fresh products. Cargo Ferry Between La Union and Caldera Back On the TableWednesday, July 11, 2018 In order to minimize some of the impact that the Nicaraguan crisis has had on intraregional trade, the governments of Costa Rica and El Salvador have announced that they are now in a position to start ferry operations. After unsuccessfully trying to implement this maritime cargo transport option, in May of last year the Spanish shipping company Odiel decided to end the negotiation process to operate the ferry, due to a disagreement over the setting of tariffs that would have to be charged for the service. Since then, the project has been forgotten. 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 Freight Movement Falls 5%Friday, October 12, 2018 Freight movement in Panama totaled 54.8 million metric tons in the first eight months of the year, 5% less than that reported in the same period in 2017. The most recent figures of the General Comptroller detail that only last August reported a year-on-year fall of 13% in the freight movement, falling from 7.8 million metric tons in the eighth month of 2017 to 6.8 million metric tons in the same period of 2018. 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. 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. |
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