Panama studying logistics development in Canal area

The government of Panama is studying the best way to carry out logistics development in the Panama Canal area. The goal is to make use of 95,000 hectares surrounding the Canal.

The Master Plan of the Interoceanic Zone is to give the most efficient and productive use to the 95,000 hectares surrounding the Panama Canal.

The number of hectares dedicated to logistics development will be 50,000, and the remaining 40,000 hectares will be devoted to [...]

Green light for eight projects in Mariel

Puerto de Mariel

The first eight projects approved in the Special Development Zone of Mariel (ZEDM) were presented at FIHAV 2015, the main trade show of Cuba, which held its XXXIII edition with exhibitors from over 70 countries.

Wendy Miranda, director of the Coordination of Procedures of the ZEDM, told reporters that the group of selected projects are one hundred percent of foreign capital.

The other three are the Cuban-Brazilian joint venture for production of cigarettes BRASCUBA, the [...]

Algeciras highlights success of Hanjin to attract investment

Puerto Bahía de Algeciras

The Port Authority of Algeciras Bay (APBA), presented in Madrid the “Algeciras Korean Business Cluster” project that aims to attract investment from South Korea to the main port of Spain, despite the 10,000 kilometers separating the two countries.

Rather, it is an incentive based on the well established experience of the Hanjin group and the semiautomatic TTI Algeciras terminal (TTIA).

It is considered to be time for pioneering technology. It is also seen as a [...]

Environmental initiatives to preserve Canal areas

Voluntarios sembrando plantones

As part of the sustainability initiatives of PSA Panama International Terminal, the company partnered along with representatives of the Ministry of Environment and students of the Panama International Maritime University (UMIP) in an activity of planting native species.

About 50 volunteers participated in this activity in which 200 seedlings of species such as espavé, mango, thorny cedar and lignum vitae were planted under the canopy of Cerro San Juan. This hill is located opposite PSA [...]

Panama maritime administration strengthens the ship registry

Administración marítima busca fortalecer el registro de naves

By Franklin Castrellón

With a record that from the past century earned it the title of a “flag of convenience”, the Panamanian ship registry was facing a great challenge at the end of 1999, on the eve of the handover of the Canal to Panama.

The great challenge was to correct the shortcomings of the past and raise the level of the registry to that of the Canal: a company of first world prestige.


Euronav chooses Panamanian cadets

El Capitán Nikos Koulouris entrevista a una cadete

The shipping company Euronav, one of the major crude oil carriers in the world, selected 30 nautical cadets of the Panama International Maritime University (UMIP) to carry out their embarkation period of 12 months.

The Greek shipping company sent Captain Nikos Koulouris, hiring manager, to Panama to interview a group of 43 cadets and choose those who filled the expectations, guidelines and profile of the company.

In all, 13 cadets studying Nautical Engineering in Naval [...]

First tender for the fourth bridge over the Canal

cuarto puente sobre el Canal

The Ministry of Public Works (MOP) began the process to contract a company to manage and supervise the construction of the Fourth Bridge over the Panama Canal. It is a tender for $22.2 million for the hiring of a company “to ensure the proper achievement of the project objectives in terms of design, construction and development,” as stated in the invitation to bid documents

This mega project contemplates the construction of roads of massive transport [...]