Companies

Strengths of Panama for the establishment of shipping enterprises

SERVICIOSENPANAMA.COM Lic. Oliver Laprea Estudios de Maestría (UP) “Desarrollo del Sector Marítimo de Panamá” Énfasis: Empresas Navieras

Panama has benefited over time from its geographical position, from the discovery of the South Sea by Vasco Nuñez de Balboa in 1513 to the completion of the Canal Expansion by the middle of 2015. History has shown that major transit movement directly contributes to the Panamanian economy and that Panama is a natural, strategic point for setting [...]

Nicaragua Canal faces local and international opposition

The start of construction of the so-called Grand Canal of Nicaragua, scheduled for December 22, 2014, faces growing opposition, not only domestically but internationally. Internally, 21 civil society groups and political parties issued a manifesto in early December rejecting the concession granted to Hong Kong Nicaragua Canal Development (HKND), belonging to the Chinese businessman Wang Jing.

The real purpose of Law 840 for the development of infrastructure and Nicaraguan transport is to “create an enclave [...]

Hiccups bugging Panama Customs

Daniel Isaza and Severo Sousa.

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 [...]

PSA Panama pushes ahead for new Pacific container port

En Rodman se construirá el nuevo patio de contenedores

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 [...]

Grupo Viva announces the opening of a holding company in Panama

VivaAerobus and VivaColombia

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 [...]

Brazilian delegation visits Colon Free Zone

La delegación de Brasil

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 [...]

Connexion Zona Libre covers five continents

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 [...]