Investment

CMP: The State must join forces Port of Corozal requires final push

Panamá esta lista para un nuevo puerto

Por Franklin Castrellón

Following the absence of proposals by the four global port operators that had prequalified to develop and operate the port of Corozal on the Pacific side of the Canal, the Panama Chamber of Shipping (CMP) called on the Canal Authority, the Judicial Branch and the Legislative Branch to resolve the problems that prevented the submission of proposals and to promote the implementation of that project.

CMP President, Rommel Troetsch, believes that there […]

Crowley enhances shipping service between Florida and Panama

El MV Weisshorn.

To better serve customers shipping between the U.S. and Panama, Crowley Maritime Corp. ’s liner services group has enhanced its ocean container transportation services with a new, weekly sailing connecting Jacksonville and Port Everglades, Fla., more directly with Manzanillo, Panama. This sailing complements a new office in Panama, which combines Crowley’s ocean cargo and logistics personnel, to provide streamlined supply chain services.

Two Crowley 1,100-TEU (twenty-foot equivalent unit) container ships, the MV Toronto Trader and […]

Panama Canal to launch State-of-the-Art Vessel System

El nuevo sistema de programación de tránsito y gestión de recursos marítimos.

In response to growing traffic through the waterway, the Panama Canal announced today that it will launch a state-of-the-art vessel scheduling and maritime resource management system to further optimize costs, improve safety and increase the overall efficiency and reliability of the service it provides.

“For more than a century, the Panama Canal has enjoyed a proud legacy of innovation,” said Panama Canal Administrator Jorge L. Quijano. “This system will help carry that legacy forward, allowing […]

Tehuantepec Isthmus wants to compete with the Panama Canal

Trabajos de expansión de la Carretera Panamericana en Panamá.

The expansion of the Panama Canal has inspired several countries in Central America such as Costa Rica and Honduras to build their own dry canals. To achieve this, new roads, railways and ports have been constructed over the last few years.

Now it is the turn of Mexico, which is investing $153 million to spur economic development in the Isthmus of Tehuantepec interoceanic corridor through a comprehensive project that will connect the Gulf of Mexico […]

Channeling A Bold Trump Infrastructure Plan

Puerto de Luisiana del Sur.

By Paul Aucoin and Sean Duffy

Of the ten states that border the main stem of the Mississippi River, Donald Trump won eight. Of the 31 states that use the river and its tributaries to export goods across the globe, Trump carried all but a handful. His appeal to many of those voters was his promise to restore economic vitality to the American heartland.

The media has generally portrayed the revitalization of Middle America as […]

High speed ferry could ease Panama West traffic

Los ferrys son un medio de transporte común en las Islas Azores.

By Franklin Castrellón

Trade and maritime industry sectors consulted by The Bulletin on the possibility of establishing a high-speed ferry service between Panama West and the capital city to relieve land traffic jams during peak hours, agreed that “at least the initiative deserves a feasibility study by the government”.

They pointed out that the studies should focus on potential demand and economic viability, including various alternatives for the development of such a project, as was […]

Government of Panama proposes to extend Colón Container Terminal contract

Colón Container Terminal.

The Minister of the Presidency, Álvaro Alemán, presented on January 19 a bill before the National Assembly to award an extension on the 20 year contract for the development of the Port of Coco Solo North Container Terminal, in the Colón province.

According to information supplied by the Government of Panama, the minister said that in 1996 a Contract for the development, Construction, Operation and Administration of a Container Terminal in the Port of Coco […]