April 8th, 2012:

Crisis ends in Buenaventura

It is estimated that the channel has reached 10 meters deep in the outer bay

After long and hectic months of waiting, the Government of Colombia has given free rein to dredging the Bay of Buenaventura.

The formal announcement was made in Cartagena last week by Transport Minister, Germain Cardona, who said that “in April the work will begin of deepening the access channel to Buenaventura Bay, with an investment of around $30 million, it will allow the port to be more competitive and give better opportunities for trade on [...]

Logistics Zone, the major challenge for the development of Panama

On the Pacific, Balboa has no room to set up a logistics zone.

Panama has become a leader in port operations in Latin America, but now the challenge is to develop a logistics area and establish centers that allow added value on the cargo that moves through the ports.

For some analysts, the country has time to make decisions and establish the areas where these logistic areas would be located on the Pacific side, as there are still lots available.

Although the Panama Canal Authority (ACP) promotes the [...]