April 9th, 2012:

Uncertain future for Balboa drydock

Las propuestas de los consorcios suponían aportes al Estado de hasta $59 millones durante los 20 años de concesión.

Ehrior Sanabria  

The Panama Maritime Authority (AMP) has rejected three of the consortia that aspired to operate the Balboa Dtydock.

This decision has surprised everyone, not just business groups, but also the public. The Balboa Drydock is the only one on Panama’s Pacific coast and was managed by the company Brasewll Shipyards S.A. However, at present, there is no management and the AMP sought a company that could manage it for a period of [...]