A year after the inauguration of the new section of the Suez Canal, the economic miracle promised by Egyptian President Abdel Fattah El-Sisi, has not been met.
Data on traffic through this waterway questions the profitability of the Pharaonic project.
The authorities said a year ago that the revenue generated by the canal would increase from $5,300 million in 2014 to more than $13,000 million in 2023, but expectations have not been met for the […]
For Panama to succeed in establishing a competitive Logistics Hub of first world level and take advantage of the expanded Canal, it must first set clear rules in the logistics sector and adapt the Constitution of the Republic, improve roads, water service and electricity, infrastructure and the education system.
International and local experts concurred that the present system does not respond to the needs required for the long-term.
These opinions came forth in the “Panama […]
Ports from the US to Cuba are investing huge sums of money to compete for the mega-ships that began to cross the expanded Panama Canal on June 26.
The original set of locks has provided service to the world in a very efficient manner for over 100 years.
The question now is how long will the new locks last and how successful will they be?
They were inaugurated on June 26 at a cost that […]
Panama wants to become one of the most important cargo logistics centers for transportation and storage worldwide. Currently private ports interact on both oceans interconnected by an inter-oceanic railway, roads and international airports seeking to have the ability to offer all kinds of services that add value to the industry of transport and storage of goods.
Establishing itself as a major multimodal logistics center is one of the main goals of the country in order […]