Investment

Growth of Las Perlas lies in a reliable ferry service

Sea Las Perlas

As the builder of 14 commercial passenger ferries and day charter vessels, Sonny Eymann knows a thing or two about what it takes to provide reliable passenger service to meet the expectations of visitors, Pearl Island residents and business owners.

“Until we started the ferry service to Las Perlas, there was no reliable transportation between Panama City and the Pearl Islands,” said Eymann. “There were multiple commercial airline flights to Contadora, but a plane scheduled [...]

AMP promotes English among its staff

Following the “Panama Bilingual” program promoted by President Juan Carlos Varela, the Panama Maritime Authority (AMP) is promoting “AMP Bilingual” in order to strengthen the teaching of English to staff working in the institution.

To do this, an evaluation test was performed through the Institute of Professional Training for Human Development (INADEH) on about 800 employees of the AMP, in order to determine the degree of knowledge of the English language.

Based on the score [...]

CICH protects Canal watershed basin

Administrador del Canal, Jorge Luis Quijano

Ministers, heads of institutions and representatives of the Panama Canal Authority (ACP) reiterated their commitment to ensure the objectives set out in the Plan for Sustainable Development and Integrated Water Resources Management of the Canal Basin.

This plan was approved by the full sitting of the Interagency Committee on the Panama Canal Watershed (CICH), which has been running since 2008. That commitment was reaffirmed at the regular meeting of the CICH, the first to be [...]

Despite PPC criticism: ACP pushes ahead with Corozal terminal

The Panama Canal Authority (ACP) has justified its decision to pursue the development of a port terminal in the area of Corozal because it represents an opportunity to maximize the value of the route through the Panama Canal and it also promotes increased cargo traffic through the waterway.

However; Panama Ports Company (PPC), operator of the Port of Balboa, says this argument “does not stand up.”

The Board Resolution of the ACP states that the [...]

Let’s stop talking and build a logistics hub

El puerto de Balboa

Editorial comment

The Government has announced the creation of an “inter-institutional logistics cabinet” to develop a “Master Plan.” Instead of more paper plans, the Government needs to tackle obstacles and facilitate the private sector to get on with the job so that the logistics sector will evolve in response to the realities of the industry.

First came the wheel, then sail, steam locomotion and, finally, the wing. These combinations led to what is now known [...]

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 [...]

Megaport in Capira

Herman Gnaegui

By Marijulia Pujol Lloyd

The dream of building a port capable of handling post-panamax ships together with a logistic park has been a project of Herman Gnaegui since 2003. He presented a proposal to the press in 2006 and again in 2014. However, the Panama Maritime Authority (AMP) has to date not received any requests to construct a megaport in Capira, located in the newly created province of West Panama.

Gnaegui, a former legislator who [...]