Bi-Lingual Newspaper which focuses on Logistic News and Information for Panama and Around the Globe
A new milestone was reached in the Canal expansion with completion of the first monolith on the Pacific side.
The monolith is one of the sections that divide the construction of the walls of the locks. The finished structure is the first of a total of 46 being built in the upper section of the Pacific locks. Its construction required 232 tons of reinforcing steel and 2,605 cubic meters of concrete.
“This new milestone in [...]
The Panama Maritime Authority participated successfully in the Nineteenth Community Services Fair on Taboga Island, also attended by thirty State institutions offering free government services.
Thousands of residents, including hundreds of tourists, visited this exhibition and saw first-hand the various opportunities and services offered by State institutions that presented how the national government gives contributions to different areas of the country.
The AMP provided villagers briefings on the services rendered, courses offered to local fishermen [...]
A group of shrimp exporters of the province of Cocle have requested the Ministry of Commerce and Industry (MICI) for more support for exports.
They consider they face limitations, and according to the shrimp breeders restrictions in some countries prevent them from adequately making deliveries, affecting their profits.
They explained that in Chile, for example, a country with a free trade agreement with Panama, the documents required block any possibility of sending shrimp samples that [...]
Las Vegas has just become the seventh US destination for Copa Airlines, linking the Tocumen International Airport in Panama City.
“With the flight between Las Vegas and Panama, Copa’s new service reduces travel time by several hours,” said Dan Gunn, executive vice president of operations for the company, who added that this connection not only links two important business and tourism centers, Las Vegas and Panama, but also offers the fastest and most direct way [...]
BARGES FROM PERU
In Peru work has been completed on the construction of the last barge commissioned by the Panama Canal Authority (ACP) for loading the dredging material, including large pieces of blasted rock, “The Andean” of Peru reported. The barges are operated hydraulically and attend the bucket dredger “Christensen”, owned by the ACP and used in dredging operations for the expansion of the Panama Canal.
TOLL RISE POSTPONED
The Board of the Panama Canal [...]
Inchcape Shipping Services has advised that strikes by Brazilian customs officers are disrupting major ports and that the clearance of imported goods has slowed significantly.
The company reports that unless this week’s negotiations with the government about better salaries and working conditions are successful, interruption to vessel movements is likely to intensify.
Industrial action of varying lengths and degrees has already affected normal port operations in the majority of Brazil’s major ports including Santos, Paranagua, [...]
Carnival Corporation confirmed that during the first half of its fiscal year ended May 31, it lost $125 million, mainly related to high fuel prices.
In the same period last year the US Company had made a profit of $358 million.
The company explained in a press release that fuel prices increased 12% to $756 per metric ton, which led to an additional outlay of $71 million, although it also said that it will reduce [...]
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