AMP continues making progress for the country

Reunión en la Autoridad Marítima de Panamá

The maritime sector has progressed significantly in the past twelve months and provides 23 percent of GDP, the Panama Maritime Authority (AMP) being the third institution that produces more economic benefits for the nation.

This institution has launched projects in Vacamonte, Aguadulce and Puerto Armuelles to boost the economy in these population centers.

Jorge Barakat Pitty, Administrator of the AMP said his institution is “committed to the administration of the national maritime wealth and equitable [...]

Indonesia has a 22-Port Mega-Plan

While the Panama Canal expansion has led ports in close proximity to prepare to compete, a similar scenario is taking place in South East Asia.

Indonesia Port Corporations (IPC) or PT Pelabuhan Indonesia (Pelindo), Indonesia’s state-owned port operator is to build 22 ports in the country in the next five years for an anticipated cost of around $3.5 billion.

This is in order to support the Indonesian government’s plan to turn Indonesia into a maritime [...]

Puerto Caucedo looks towards expanded canal

Puerto de Caucedo

Looking towards the Panama Canal expansion, the Executive Director of the Port of Caucedo, Dominican Republic, Morten Johansen, explained new projects currently being implemented at the maritime terminal.

These include port dredging from its current 13.5 meters to 15 meters deep, with an investment of more than $30 million.

This major project will be completed by mid-November this year, preparing the Caucedo port for the expansion of the Panama Canal in 2016.

The comment was [...]

ACP sees risk of opening delay

Apertura del Canal ampliado en riesgo

The opening of the multimillion-dollar Panama Canal expansion could be delayed after cracks were detected in the concrete walls of the locks, said the Deputy Administrator of the Panama Canal Authority (ACP) Manuel Benitez.

However, Benitez said the ACP expects the expansion to be completed and ready for activities in April next year.

“Probably,” he said, when asked if there was the likelihood of a delay, and added that they were waiting for an update [...]

Mexico opens logistic center in Colón Port

México abre centro logístico en Colón

It is in the Colón Free Port in Panama, where the West Mexican Council for Foreign Trade (Comce) will open, before the end of this year, a logistics center for small and medium enterprises (SMEs) of Jalisco, Colima and Nayarit to export their goods to the Latin American market.

After several months of paperwork and finding the right warehouse, they finally have the site and the physical space to house the products made in Mexico [...]

Tocumen cargo area to have new Customs control

From this month access to the cargo area of the Tocumen International Airport will have a new Customs checkpoint.

The Customs Authority (ANA) says it will improve not only the security of the area, but control of entry and exit to the airport grounds.

The new checkpoint is located in front of the suburb of Victoriano Lorenzo in the district of Tocumen, about 500 meters from the Community Board center. Although the ANA is in [...]

PSA Panama showcases expansion

Terminal de PSA en Rodman

The expansion project of Port of Singapore Authority (PSA) Panama International Terminal has taken center stage at business and academic forums in the country.

David Taylor, PSA head of civil engineering for Latin America, presented the technical challenges and relevance of the project at the First Maritime Civil Engineering Week, organized by Panama’s International Maritime University.

Meanwhile, Alejandro Marin, operations manager for PSA Panama, showcased Phase 2 at the 2015 Maritime Forum organized by Capital, [...]