May 11th, 2012:

Balboa Drydock again up for bids

The Balboa Drydock is the only one that can handle Panamax ships.

The government has reopened the tender for the operation of the Balboa Drydock, the largest on the Pacific coast of Central and South America.

The Panama Maritime Authority (AMP), declared void the first call because none of the first four bidders met the requirements of the tender.

The AMP has now announced that on Thursday, June 8 it will receive the new offers from interested consortia.

Whoever gets the business will have on their hands, [...]

AMP approves new container terminal

An artist’s impression of the design of the future terminal on Isla Margarita

The Panama Maritime Authority (AMP) has granted permits to a private development group for the construction and operation of a new container terminal to be built at the Atlantic entrance of the Panama Canal. Jones Lang LaSalle is acting as development advisor to the project consortium.

The information is contained in a press release sent to The Bulletin with the dateline of Miami, May. 9, 2012.

With an estimated construction value exceeding $600 million, the [...]