ITF attacks open ship registries

ITF ataca registros abiertos de barcos

By Franklin Castrellón

The International Transport Workers’ Federation (ITF) has taken the opportunity of using the “Panama Papers” to resume its attacks on open ship registries, noting that the only thing they can do to achieve some balance with the scheme of “tax evasion” is to sign agreements that guarantee certain terms and conditions of employment for ship crews.

In a statement issued on April 7 regarding disclosure of the so-called “Panama Papers,” the Secretary […]

Regional integration advances with the CELAC

Banderas de los miembros de CELAC.

The ease of land, sea and air transport are part of the progress of the political agenda of countries in the Latin American region to achieve greater integration of their peoples, which are commitments made by the CELAC (Latin American and Caribbean Community).

However, there are still obstacles to break to achieve greater dynamism and opportunities in a region that remains the most unequal in the world and in which more than 147 million people […]

PANAMA IS NOT PAPERS

“Panamá no es papeles”

Lic. OLIVER G. Laprea Specialist in International Trade and the Maritime Sector info@servipanamax.com

Currently “PANAMA PAPERS” is a controversial issue, which ultimately is affecting the credibility and reputation of the business system of a country, including its people.

Actually trade lives on Trust and Good Faith, the proof of which is the existence of such figures as the insurance contract, bank accounts, trusts, among others. A range of commercial transactions are regulated through a set of […]

OILCO Panama taking care of good engine operation

CEPSA Marine Lubricants que ahora tiene una nueva línea de productos.

OILCO Panama is a marine lubricants distributor that has the exclusive representation of the brands CEPSA Marine Lubricants. The company has warehouses in Corozal, Panama City and a truck fleet which guarantee 24/7 deliveries.

The company has competitive prices and, when requested, delivers the products directly to the client’s ship. OILCO Panama has permits and access to most Panamanian ports such as Aguadulce, Bocas del Toro, Charco Azul, Gamboa, Colon 2000, Almirante, Portobelo, Bahía Las […]

Farewell to Alberto “Pancho” Motta

Don Alberto “Pancho” Motta

Well-known businessman and one of duty-free travel marketing’s great leaders, Alberto “Pancho” Motta, a Director of Motta Internacional and President of the International Association of Airport Duty Free Stores passed away suddenly.

Mr Motta was a respected figure in both the duty-free travel industry and the wider Panamanian business community. Friends and colleagues in the industry have expressed their sadness and shock over his passing.

The Bulletin joins the whole shipping and logistics industry in […]

Week in Review – Vol. 35 No. 4

CANAL INTEREST

The investment of $5,000 million in the expansion of the Panama Canal has woken up the “interest of many customers” and the cost will be amortized by 2029, said the administrator, Jorge Quijano, in Miami, where he participates in the Global Strategy Forum. “I am pleased to see that we are at the end of the road and we expect to see revenues increase substantially,” following the opening next June, Quijano said.

LOWERING […]

Plus Ultra will fly to Latin America

Un avión chárter a Panamá.

Plus Ultra Airlines has teamed up with Aquatravel, a travel wholesaler based in Valencia, Spain, for charter flights to several Latin American destinations, the airline reported in a statement.

The Valencia wholesale agreement will enable the airline, founded by former Director General of Air Madrid, Julio Martinez, to fly weekly to Cayo Santa Maria and Holguin, two Cuban destinations where no other Spanish company currently operates.

Thanks to the agreement between the two companies, passengers […]

CADE 2016 analyses the Canal’s future

CADE analizará las oportunidades que ofrece el Canal ampliado.

One of the main events of the Panamanian Association of business Executive (APEDE) is the annual conference CADE 2016, which will take place from Wednesday, April 20 to Friday, April 22 at the Sheraton Hotel.

This year the forum subject will be “After the Canal Expansion…What else? Opportunities and Barriers”. The principal speaker for the inaugural dinner is the former Chilean president Ricardo Lagos, while closing the conference will be Dr. Ricardo Hausmann from Harvard […]