Investment

After P-3 failure Maersk seeks an alternative plan

reguladores chinos bloquearan de forma inesperada la Alianza P3

Maersk Line announced it is working on alternative plans to reduce costs and address overcapacity in the market for maritime freight.

This comes after Chinese regulators unexpectedly blocked the alliance of the world’s three largest container shipping companies, known as the P3 alliance.

The decision of the Chinese Ministry of Commerce was a surprise to Maersk and other participants in the P3 alliance – the Swiss Mediterranean Shipping Company (MSC) and CMA CGM of France, [...]

Tocumen expansion advancing

Avanza ampliación de Tocumen

 

Work on the Tocumen International Airport expansion is in line with the original project schedule, being carried out by the construction company Norberto Odebrecht.

“The South Terminal master plan states that the work will cover 74,000 square meters of construction, of which 10% will be a commercial area, plus about 20 new boarding gates, the platform for positioning aircraft, the structure for baggage handling and equipment, VIP lounges, bars, restaurants and 1,600 additional parking [...]

Agreement signed between UMECIT and the Isthmus Training Institute

Firma de convenio entre UMECIT y el Isthmus Training Institute

The Magister Sindo Vázquez. coordinator of the Faculty of Marine Sciences at the Metropolitan University (UMECIT) and Captain Samuel Ferreira de Souza of the Isthmus Training Institute (ITI) in Cartagena have initialed an agreement to promote scientific research and technological training in the field of marine sciences and related fields whose objective is to value the knowledge and growth opportunities related to research, scientific development and innovation in marine studies.

The meeting [...]

Expanded Canal can serve 98% of containership fleet

Los Triple-E son uno de los barcos más grandes del mundo

The Panama Canal expansion will cater to 98% of the estimated fleet of container ships for the next four years (until 2018), the administrator of the Panama Canal Authority (ACP), Jorge L. Quijano, told The Bulletin, responding to questions by this newspaper on limits of the third set of locks to accommodate the new generation of Triple-E container ships of Maersk Line.

With a length of 400 meters, 59 meters wide (beam), 73 meters high [...]

Panama and Costa Rica lead technology adoption ranking

Panama is the leader in Central America and Costa Rica improved its position in the ranking of the Global Information Technology Report 2013: “Growth and Jobs in a HyperConnected World,” released by the World Economic Forum.

According to the report’s Networked Readiness Index (NRI), Panama rose 11 positions to 46th place, leading in Central America, while Costa Rica rose five positions and is ranked 53, the second in Central America.

El Salvador and Nicaragua also [...]

Russia planning to join Nicaragua Canal project

Rusia planea unirse al proyecto del Canal de Nicaragua

Russia will take part in building the Nicaragua Canal and is discussing possible modes of cooperation, Deputy Foreign Minister Sergei Ryabkov, has said.

“We have discussed this multiple times with our Nicaraguan colleagues,” Ryabkov said in an interview with RIA Novosti. “We are looking for appropriate ways in which Russia can get involved in this project.”

The Russian government has been working to strengthen relations with Latin American countries in recent years. As the ongoing crisis in Ukraine poisons Russia’s relations with the U.S. and Europe, Foreign [...]

Human capital needs development

El país necesita más personal especializado en logística

Panama is going through a process of sustained growth of its maritime-logistics sector, which will accelerate from 2016, once the expanded Canal begins operations.

However, for the country to maximize the potential that is presented, it must urgently address the need to train the human capital required for this development.

That was, in short, the conclusion of the discussion group that met on the theme “Human capital: key to the growth of the logistics-maritime sector”, [...]