Agreement

Panama and Vietnam sign agreement on seafarers

For the benefit of seafarers of the maritime administrations of Panama and the Socialist Republic of Vietnam, as well as to reinforce cooperation ties between both nations, an agreement was signed within the framework of the 30 Session of the International Maritime Organization (IMO) Assembly.

The cooperation agreement for the recognition of the training and certification of seafarers, based on Rule I /10 of the International STCW’78 Amendment, as amended, was achieved after one year […]

Panama says China increases its presence in the country to expand in the region

El Presidente de Panamá, Juan Carlos Varela y su homólogo Xi Jinping.

China will increase its presence in Panama to expand into Latin America, said Panamanian President Juan Carlos Varela, after his historic meeting in the Asian country with his counterpart Xi Jinping.

“There will be many more companies and multinationals using Panama to expand their presence in Latin America,” Varela told a press conference to present the achievements of his recent trip to China.

On that tour, Varela was received by the Chinese president and both […]

China Merchants Ports buys port of Paranaguá, Brazil

China Merchants Ports has bought 90% of the Brazilian company TCP Participaçoes, which manages the port of Paranaguá, the second largest in the South American country, located in the State of Paraná (south), EFE reported.

The agreement between the two companies closed for about $935 million, TCP Participaçoes said in a statement to the financial market.

In 2016, China Merchants Ports, as a group, had investments in 28 ports and 188 docks for containers, six […]

Panama ready to implement the Convention for the control of Ship’s Ballast Water

El Convenio Internacional para el Control y la Gestión del Agua de Lastre y los Sedimentos de los Buques protegerá el medio ambiente.

The International Convention for the Control and Management of Ships’ Ballast Water and Sediments, adopted in 2004 (BWM), comes into force on 8 September, and aims to prevent the spread of harmful aquatic organisms from one region to another, establishing standards and procedures for the management and control of ballast water and sediments of ships.

Accordingly, all ships engaged in international maritime transport must carry out their ballast and sediment water management in accordance with […]

BID promotes Mesoamerican transport, logistics and integration

El corredor mesoamericano.

The Inter-American Development Bank (IDB) announced a contribution of $800,000 through the approval of two technical cooperation grants, each of $400,000, for the Strategic Program for the Development of Infrastructure and the Strategic Program for the Development of Integration.

In both cases, the beneficiary countries will be Mexico, Belize, Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panama and the Dominican Republic, members of the Mesoamerica Project.

In this way the IDB will contribute to the […]

Panama Canal signs agreements to boost sustainability in its basin

The Panama Canal signed four cooperation agreements with the Banesco and Banistmo banks, Manzanillo International Terminal (MIT) and the car sales company Ricardo Pérez S.A., to collaborate in projects of social responsibility.

In this way, the parties will work together with contributions to promote the sustainable development of the Panama Canal basin and its residents. In addition, they will coordinate specific projects for environmental protection, the integral well-being of the people, the culture, the community […]

Copa-Pullmantur agreement could generate about $16 million for Panama

Más personas toman cruceros para sus vacaciones.

A collaboration agreement between Panama’s Copa Airlines and the Spanish cruise ship company Pullmantur could generate for Panama about $16 million, by promoting a stay in the country of two days by 130,000 visitors during the season 2017-2018, according to the Panama Tourism Authority (ATP).

The ATP Deputy Minister, Jennifer Champsuir, explained at a press conference that a study was made with the Spanish cruise company to see the impact of promotional packages that will […]