Companies

China Shipping outstripping Maersk in largest container ships

Maritime transport seems to have no limits

When it seemed that the roof of container capacity was set by Maersk Line when it imposed its Triple-E series, there came a surprise from a Chinese shipping company with an order for five mega container carriers exceeding by 400 containers measured in 20-foot units (TEUs) over the ships of the Danish giant.

China Shipping Container Lines (CSCL) has commissioned the South Korean shipbuilder Hyundai Heavy Industries to [...]

Helping investors find opportunities in Panama

MVA Consultores put solutions within reach

By Marijulia Pujol Lloyd

Panama is the ideal place to do business. It has a privileged geographical position that makes the country a natural hub.

Over the years, different governments have created incentive packages to attract multinational companies.

However, understanding the laws, regulations and the idiosyncrasy of how to do business in Panama can be daunting.

Now a renowned economist, Moisés Véliz Arosemena, who has vast experience in the [...]

Maersk and Wilmington open new access to Central America

By Dennis Smith

Maersk Line is adding port calls in Panama and Costa Rica to its weekly South Atlantic Express (SAE) service, which connects currently the Port of Wilmington (North Carolina) with Central America.

As a result, shippers using Wilmington can now directly access the ports of Manzanillo in Panama, Puerto Moin in Costa Rica, Puerto Cortes in Honduras and Santo Tomas in Guatemala.

Under the expanded SAE service, the ports of Puerto Cortez and [...]

Maersk CEO sees Panama Canal expansion and ports

Maersk Line CEO, Soren Skou visited Panama recently as part of his tour of Latin America.

The object of his visit was to see firsthand the commercial and managing activities carried out in Maersk’s Latin American headquarters in Panama. He also took the opportunity to meet with the Panamanian authorities and key operators in the Panama logistics hub.

Skou said that Latin America was very important for Maersk’s final results last year, because the company [...]

Latam to reduce CO2 emissions

New containers are very light

Latam airline and its affiliates announced the acquisition of 3,517 Kevlar ultralight air cargo containers from Nordisk Aviation Products.

The modern containers will replace those currently used in all cargo operations of Lan Cargo and its respective affiliates, MasAir, Lan Cargo Colombia and TAM Cargo.

These containers allow the movement of large amounts of cargo in a single unit, in addition to moving various types of cargo with efficiency, [...]

Panama Ports Company awards 275 scholarships

On May 4 Panama Ports Company made its annual presentation of scholarships to 267 students, children of employees of the ports of Balboa and Cristobal to undertake their primary, secondary and university education, which is a company effort to support the future opportunities of these young people of Panama and Colon.

This Panama Ports Company (PPC) program is to support employees who are parents of students with high academic averages, which began seven years [...]

Boskalis one of the forces behind Ocean Reef Islands

For the first time in the history of Latin America two urban man made islands took form in Panama thanks to the ingenuity of man and the amazing advances in technology.

The project Punta Pacifica Islands (Ocean Reef Islands) located in Panama Bay is an ambitious project for Grupo Los Pueblos that is becoming reality due to the cooperation with, and knowhow of the Dutch companies Royal Boskalis Westminster N.V and Delft Hydraulics.

The total [...]