Singapore helps training in Panama logistics sector

Entre las ventajas de la ampliación del Canal será la generación de nuevos empleos

By Marijulia Pujol Lloyd

The logistics sector is very important for Panama’s economy. However, several leaders in this industry have said repeatedly that there is a lack of qualified bilingual personnel that could occupy the posts that are going to be created once the expanded Panama Canal starts operations in 2016.

In order to solve this problem, the Panamanian Association of Cargo Agents (APAC), together with the Logistic Cargo Training Center, the Logistic Business Council [...]

Emirates Airlines launches direct flight to Panama

Aerolínea Emirates iniciará vuelo directo a Panamá

It will possibly be the longest non-stop flight in the world that will be launched by Emirates Airline (17 hours 35 minutes westbound) to Panama. With this flight, Panama becomes the first country in Central America with direct flights to and from Dubai.

The plane used will be a Boeing 777-200RL with 3-8 First Class, 42 in Business and 216 in Economy class. It will be able to carry up to 15 tons of cargo [...]

Regional free zone conference announced

From November 4 to 6 in Managua, Nicaragua, users of free zones, industrial parks and representatives of Customs, exporters and freight forwarders of the region will meet.

The Association of Free Zones announced the XIX Conference of Free Zones of the Americas in Managua, Nicaragua.

The event is organized by the National Commission of Free Zones of Nicaragua and Pro Nicaragua at the Hilton Hotel.

The conference topics include free zone growth factor for companies, [...]

Changes to route of the Grand Canal of Nicaragua

HKND, the company behind the Gran Canal of Nicaragua, announced that it is changing the original design of the work not to affect sensitive ecological areas, and to meet the demands of the inhabitants of Tule.

In addition, it will relocate an entrance of the waterway in Brito. The company HKND also considers making other changes to avoid affecting ecological areas and residents of the area, who have spoken out against the project. One would [...]

More capacity means more crew

The growing supply of container industry capacity due to construction of larger ships is not only causing a decline in freight rates, but another shortage: a o lackf crew.

By 2019 the industry will need 42,500 additional officers to handle the expected growth of 7% projected over the next five years, says the Manning Section of the forecaster, Drewry.

The current supply is around 615,000 officers and there is a nominal shortage of about 15,000, [...]

Dubai mission shows interest in Panama’s investment incentives

De izquierda a derecha, Iván Jimenez, Analista Económico y Enrique Ruíz, Promotor de Inversión de PROINVEX PANAMA junto con Ayaz Hiridjee, Business Development Manager de TRIMETA, y Jordan Knight Associate Consultant de IBM Global Business Services

The Ministry of Commerce and Industry, through the Agency for Investment Promotion and Export Panama (PROINVEX) held a business meeting with executives from Dubai, United Arab Emirates, interested in exploring investment opportunities in Panama.

Investors representatives were from TRIMETA and IBM Global Business Services, companies established in Dubai, who visited the MICI for a briefing led by promoters of PROINVEX in which they spoke about the different investment opportunities presented by the country, presenting [...]

Colon Chamber of Commerce organizes Expocolón 2015

Expo Colon 2015

EXPOCOLÓN 2015 has been conceived as an international logistics exhibition with the firm intention of repositioning the province of Colon as the backbone of this commercial movement in the country.

This 1st version is to be held at the Hotel Melia Panama Canal from September 16 to 19.

The activity is sponsored by the government with entities such as the Panama Tourism Authority, the Ministry of Commerce and Industry, the Panama Maritime Authority, the City [...]

Week in Review – Vol. 34 No. 13

ACP DIRECTOR CITED

The defense lawyer of Nicholas Perez Balladares Corcione warned that his client can not be investigated for alleged money laundering because he is a member of the board of the Panama Canal. The businessman and director of the Panama Canal Authority (ACP) Perez Balladares Corcione did not attend the office of the Special Prosecutor against Organized Crime that had called him to appear in the investigation for alleged money laundering through accounts [...]