Ports Performance and Regional ConnectivityMonday, March 18, 2013 Assessment of Port Performance and Port Connectivity Study in Belize, Central America and the Dominican Republic. This study focuses on identifying the basic logistics capabilities in Belize, Central America and the Dominican Republic. Panama approves maritime auditTuesday, December 16, 2008 The audit carried out by the International Maritime Organization evaluates the procedures and steps carried out for the registration and inspection of ships as well as regulations that are applied to the various ports in the country. Panama is currently the leader in flagging ships worldwide and had, on October, 31, 2008, 8,159 ships sailing international waters under the Panama flag. Panama Maritime IX: February 8 - 11Tuesday, February 3, 2009 Operators from more than 20 countries will participate in the four day port event, considered to be the most important one in the region. The inauguration will be held on February 8, 2009 and will include the presence of the Secretary General of the World Maritime Organization (OMI), Efthimios Mitropoulos, who will be the main speaker along with important local and international guest speakers from the shipping world. TOC Americas 2011 Panama BeginsTuesday, November 15, 2011 The TOC Container Supply Chain Americas conference will be held November 15-17 at the El Panama hotel, Panama City. With the theme of "Redefining the logistics scene in the region," the three-day conference will seek to discover a source of revenue for the much-needed infrastructure improvements throughout the region, to understand the connectivity of land transport networks, and to develop strategies for coping with continuing increases in the volume and size of ships. 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: Port Works in Isla MargaritaFriday, May 13, 2016 It has been announced that construction will soon start on the next container port concessioned to Panama Colon Container Port, a work which will need an investment of $900 million. An article on Nacion.com reports that "... According to the company, the facilities will include a container yard with a capacity to handle up to 2.5 million TEUs per year, with 4 docks that will take up 1,200 meters of water front and it will be the first with the ability to accommodate Neo Panamax vessels." Company Profile
Strategically located on the western Gulf of Mexico, Port Corpus Christi is the sixth largest port in the United States in total tonnage. More Challenges to Maritime Services ActTuesday, June 11, 2013 At the Office of International Trade Negotiations at the Ministry of Commerce the negative impact that it would have on the country's maritime activity has been noted. The law has been harshly criticized by the Ministry of Commerce and Industry (Mici), who also considered that the agreements violate promotion and protection of investments and trade agreements signed by Panama. Puerto Manzanillo Up and Running AgainWednesday, November 27, 2013 After the partial paralyzation because of a strike by a group of employees, the loading and unloading of containers has started to accelerate. Prensa.com reports that "they have managed to unload a large part of the containers that were in the harbor after the work stoppage on November 13 in the night by a group of employees who protested over the calculations used for working out overtime. " Panama: Changes to Law on Auxiliary Maritime ServicesMonday, June 10, 2013 Amendments have been presented to the draft Law which states that 75% of the shares of companies in maritime services should belong to people of Panamanian nationality. The legislator Yassir Purcait, will present changes in the first six articles of the draft which was taken up last week by the Committee on Trade and Economic Affairs of the Congress. "The content of the legislative initiative has been rejected by most of the maritime business community because it restricts the participation of foreign investment in maritime auxiliary services", reported Prensa.com. Strike Continues at Manzanillo PortThursday, November 21, 2013 The strike by workers in the Panamanian port terminal has gone on for a week, forcing some ships to divert to other ports in the region. So far it is unknown how high the losses are in the port operated by Manzanillo International Terminal (MIT). The terminal operator has said that it has managed to increase cargo movement operations but still not managed to have normal operations. Panama: Container Movements Down 12%Thursday, January 5, 2017 Between January and October 2016, the movement of 5.1 million containers, measured in TEUs, was recorded, 11.8% less than in the same period in 2015. In units, 3.1 million containers were moved through Panamanian ports in the first ten months of 2016, 11% less than in the same period in 2015. Auxiliary Maritime Services Affects Agreement with EUFriday, September 20, 2013 Law 41, which limits foreign investment in companies engaged in auxiliary maritime services, could jeopardize trade relations between Panama and the EU. Prensa.com reports that "The law, passed in June of this year, states that 75% of the shares of companies engaged in auxiliary maritime services for barges and boats must be owned by Panamanians". Worldwide Concern Over Canal Expansion ConflictWednesday, January 8, 2014 The threat of paralyzing the work of the third set of locks of the Panama Canal is keeping maritime and port operators around the world on tenterhooks. The conflict between the construction consortium (GUPC) headed by the Spanish Sacyr and the Panama Canal Authority (ACP), which originated over the demand for the first payment of $1.6 billion in cost overruns and the ACP's rejection of that claim, threatens to extend the opening of the expanded waterway, through which 5% of the world's maritime cargo passes, to beyond 2015. Three New Ports Projected in PanamaFriday, February 4, 2011 The Panama Maritime Authority is promoting the concession of two new ports on the Caribbean and one on the Atlantic, plus a shipyard in Colon. The news was confirmed by Jorge Barakat Pitty, Deputy Administrator of the Panama Maritime Authority (AMP), who noted that "the three ports would be completely new and could be developed giving concession for the land and the sea bottom so entrepreneurs can develop the structure directly.” |
|