Logistics and Customs agents have reported inconsistencies in the application of standards and inefficiency and slowness of the computer systems used in Panama Customs processing.
Although the country is the main logistics hub in the region, businessmen and Customs brokers indicate the presence of obstacles, such as poor management of the SIGA computer system, affecting the service and preventing improvement of the competitiveness of Panamanian trade.
The Logistics Business Council (COEL) was founded on February [...]
Parque Industrial Marítimo, S.A. (PIMSA), the concession holder of the fuel tank farm in Arraiján, gave up four areas to the Singapore Ports Authority (PSA) – PSA Rodman Panama International Terminal – a company that is developing a container port at the Panama Canal Pacific entrance.
The Administrative Unit of Reverted Properties (formerly ARI) of the Ministry of Economy and Finance (MEF) approved an addendum – the third – to the contract agreed in 1997 [...]
The likelihood of low-cost regional air travel is on the horizon with the entry into the market of Europe’s very successful Ryanair with Colombian and Mexican partners.
The owners of Mexican VivaAerobus and VivaColombia have announced the opening of a holding company in Panama to start operations in Central and South America.
A statement from Irelandia Aviation and the IAMSA Aviation Group, owners of the low-cost airline of Mexico, VivaAerobus and VivaColombia, the Colombian [...]
A delegation comprised of 12 businessmen from Brazil, who represented a traders’ association of 100 companies, made a tour of the zone.
The executives are interested in making multimillion dollar investments in the Free Zone, Brazil is an alternative that allows the opening of new international markets, and these businessmen are making constant visits to establish relationships with traders in the Free Zone.
The new administration of Surse Pierpoint has undertaken business meetings with South [...]
From a small rented hangar with only 1,500 square meters in 2002, today Connexion Zona Libre, S.A., has its own warehouses with a capacity of over 20,000 m2, and a team of over 100 collaborators, including specialized professionals to choose and locate the best and cheapest land, air and sea routes.
Connexion Zona Libre, SA, was created in order to meet the needs of the global cargo market demands and requirements for efficient responses, targeting [...]
Vukelja: “An important added value for the maritime and logistics industry.”
In announcing the 5th Panama Bunkering Forum 2014, to be held next month, the president of the Organizing Committee, Nicholas Vukelja Duque said the event focuses on improving the country’s competitiveness in this activity. He said this event “constitutes an important added value to the maritime and logistics sector in Panama.”
Like previous versions, the 5th Panama Bunkering Forum is organized by the Bunkering [...]
At the Hazardous Cargo Forum held on September 10, 2014, it was concluded that Panama should be at the highest level in training and updating of the issues related to the transport of dangerous goods in all their forms.
The Forum brought together the public and private sectors, academia and business related groups to discuss tasks such as the transport of dangerous goods by air, sea and road.
Being a strategic transport point, Panama’s handling [...]