Panama a center of Traffic and Transshipment

The Port of Mariel is a competitor of Panama.

By Argelis Solís, student of Master in Maritime Business of the Panama International Maritime University.

Going back a little to history we can say that Panama was always a country of traffic and transshipment of merchandise. Reflecting this point we can say that on December 31, 1999 the Panama Canal was transferred to Panamanian hands, being the Authority of the Canal de Panama (ACP) the administrator of this interoceanic route considered for […]

Ex AMP chief denies ship registration decreasing

The former administrator of the Panama Maritime Authority (AMP), Jorge Barakat, denied that Panama’s ship records are showing signs of decline.

In a publication on his social network Twitter (@JORGE_BARAKAT), he said that Panama’s ship registration was 100 years old in 2017, amid high standards of competitiveness and technical level.

By the same means, Barakat added “false information is coming out about the supposed decrease […]

Shipping industry ask the ACP for an extension on tariffs implementation

Shipping industry ask the ACP for an extension on tariffs implementation

The global shipping industry asked for 12 months notice before the new Panama Canal tolls are implemented. The request happened during the consultation meeting between the Panama Canal Authority and the shipowners.

The proposed new toll charges, that will affect all segments of the industry, are anticipated to enter into effect on 1 January 2020, the same day as the IMO ‘Global Sulphur Cap’ regulation.

However, […]

Impact of rapid decarbonization on the shipping industry

The shipping industry faces many challenges.

The increasing speed of decarbonization in the maritime transport industry, mainly driven by the trend that promotes clean fuels and the reduction of the carbon footprint, is generating a pronounced impact in the short and medium terms on the different types of cargo transported.

The report on decarbonization in shipping “Carbon Carriers: The Impact of Rapid Decarbonization on the Shipping Industry”, by Maritime Strategies International (MSI) presents these […]

Panama’s first floating dock now operating

The floating dock.

The first floating dry dock in Panama is already available and strategically located near the Panama Canal. Operators of coastal vessels, tugs, supply boats and similar craft, up to 200 feet in length, no longer have to take boats outside of Panama waters for preventive and corrective maintenance and repair.

The floating dock has been brought to Panama by Mr. Luis Cardenas, in charge of the Group Central […]

Panama Canal, 105 years of uniting the world

Since its opening in 1914, this marvel of engineering has shortened the distance between the Atlantic and Pacific oceans. Today, with the third set of locks, it has become capable of allowing the transit of the massive neopanamax ships.

The canal cuts across the Isthmus of Panama for 82 kilometers and is a conduit for maritime trade. Canal locks are at each end to lift ships up to Gatun […]

IMO: “Sustainable maritime transport for a sustainable planet”

The IMO is safeguarding the environment.

The International Maritime Organization (IMO) Council, during its 122nd session at the IMO headquarters in London, endorsed the theme proposed by the IMO Secretary General, Kitack Lim.

“I believe that this motto will provide flexibility to the Secretariat and to the Member States by highlighting the innumerable issues and challenges that the 2030 Agenda for Sustainable Development entails.

“At the same time, it will provide excellent […]

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