Panama maritime administration strengthens the ship registry

Administración marítima busca fortalecer el registro de naves

By Franklin Castrellón

With a record that from the past century earned it the title of a “flag of convenience”, the Panamanian ship registry was facing a great challenge at the end of 1999, on the eve of the handover of the Canal to Panama.

The great challenge was to correct the shortcomings of the past and raise the level of the registry to that of the Canal: a company of first world prestige.


First vessel powered by LNG transits the Canal

El capitán de la embarcación Isla Bella, Andrew M. Mayher (al centro) recibió una placa en reconocimiento de parte del Canal de Panamá

The first ship powered by liquefied natural gas (LNG) to transit the Panama Canal was the American-flagged container ship, the Isla Bella. The use of LNG as fuel in the United States defines an important change for the maritime industry.

With the use of this fuel, pollution of the environment is reduced by a large percentage, so that the whole world will benefit from the use of this product, said the Vice President of Operations [...]

Week in Review – Vol. 34 No.19


The largest port operators in the world have expressed interest to the Panama Canal Authority (ACP) in participating in the public tender for the concession to operate the port in Corozal. The ACP has received letters from 11 companies expressing their interest to be considered in the pre-qualification process, demonstrating the great demand for this service on the Panamanian Pacific coast, said the ACP.


The Panama Chamber of Shipping [...]

Panama studying logistics development in Canal area

The government of Panama is studying the best way to carry out logistics development in the Panama Canal area. The goal is to make use of 95,000 hectares surrounding the Canal.

The Master Plan of the Interoceanic Zone is to give the most efficient and productive use to the 95,000 hectares surrounding the Panama Canal.

The number of hectares dedicated to logistics development will be 50,000, and the remaining 40,000 hectares will be devoted to [...]

Green light for eight projects in Mariel

Puerto de Mariel

The first eight projects approved in the Special Development Zone of Mariel (ZEDM) were presented at FIHAV 2015, the main trade show of Cuba, which held its XXXIII edition with exhibitors from over 70 countries.

Wendy Miranda, director of the Coordination of Procedures of the ZEDM, told reporters that the group of selected projects are one hundred percent of foreign capital.

The other three are the Cuban-Brazilian joint venture for production of cigarettes BRASCUBA, the [...]

Algeciras highlights success of Hanjin to attract investment

Puerto Bahía de Algeciras

The Port Authority of Algeciras Bay (APBA), presented in Madrid the “Algeciras Korean Business Cluster” project that aims to attract investment from South Korea to the main port of Spain, despite the 10,000 kilometers separating the two countries.

Rather, it is an incentive based on the well established experience of the Hanjin group and the semiautomatic TTI Algeciras terminal (TTIA).

It is considered to be time for pioneering technology. It is also seen as a [...]

Cargo handling up at the ports of Panama

Movimiento en los puertos de Panamá comienza a recuperarse

In the first eight months of the year 1.3% more TEUs were handled in the Panama port system than in the same period of 2012, the year considered historically the best in the port system.

Up until last August, according to statistics from the Panama Maritime Authority (AMP) the National Port System moved 4,687,376 TEUs, i.e., 4.9% more than in the same period of 2014.

“In this period 1.3% more TEUs have been moved than [...]

Demand increasing for professionals in maritime and port administration

La demanda de especialistas en logística y puertos aumentará

Peru has become a major transshipment center in recent years and is estimated to expand with greater demand for professionals dedicated to this sector when the Panama Canal expansion is completed.

The demand will increase next year when the Panama Canal expansion project begins operation, a monumental work that will allow the transit of ships nearly three times larger than those currently passing through, said Eduardo Lugo, Dean of the Faculty of Logistics, Maritime and [...]