Investment

Move over X-rays, muon tomography is coming

Panamá está utilizando métodos de seguridad anticuados para cargamentos

Muon tomography may sound like a medical or science fiction term, but it is actually a scanning technology available today that threatens the X-ray.

This was the explanation given to members of the Panamanian Association of Cargo Agents by Mr. Hampton Dowling, Managing Partner of HCB Group, LLC.

After explaining the dangers and disadvantages of X-ray scanners, Mr. Dowling explained that in outer space, the high-energy protons are omni-present, and on entering the Earth’s upper [...]

Ferry Xpress sets sail to Bocas del Toro

Ferry Xpress de Colon 2000

Travelers can now enjoy two days aboard a ship in the Bocas Del Toro islands, an internationally renowned destination with tropical architecture, music and authentic gastronomy.

The ship Ferry Xpress reached Isla Colón on its first voyage on Saturday, October 25.

This began the sightseeing cruises from the Port of Colón 2000.

This new tourism product is providing services of a cruise ship to the islands. The trip from the city of Colón lasts 12 [...]

Panama has logistics lead but also suffers in Central America

On November 5 and 6, logistics industry experts gathered in San Jose, Costa Rica, to discuss issues such as the impact of the deterioration of infrastructure on the economies of Central America.

The event was organized by the Latin American Center for Competitiveness and Sustainable Development (LACCSD) focusing their analysis on the status of ports, airports, roads and border crossings and their impact on the economies of the region.

Víctor Umaña, deputy director of LACCSD, [...]

Costa Rica sees ship supply opportunities in Panama

A statement from the Foreign Trade Office of Costa Rica (Procomer) indicates that the expansion of the Panama Canal opens opportunities for Costa Rican exporters to supply vessels.

It points to fresh and processed foods, cleaning and personal care products, safety and maintenance equipment, packaging, cooking and cleaning supplies having the potential for Costa Rica to supply the vessel segment.

“The growth of the maritime industry in Panama opens opportunities for Costa Rican exporters to [...]

Canal expansion breakthrough with arrival of last gates

The Panama Canal expansion has reached another major milestone with the arrival of the last four gates for the new locks.

In the presence of President Juan Carlos Varela, the four gates arrived at the Atlantic entrance of the canal aboard the pospanamax ship Xia Zhi Yuan, after a voyage of 25 days from the port of Trieste, Italy.

“Today is an historic day for the Panama Canal that marks the beginning of the final [...]

Panama needs more “free zones”

La zona franca de Shanghai

The Panama Canal expansion will open new opportunities that must be taken advantage of in the field of logistics and value added areas, according to representatives of free zones. One of such emerging sectors has to do with the value added chains.

Ricardo Muñoz Tejeira, of the Association of Free Zones in Panama, said one example of this opportunity is China, which “gives a special status to goods that are assembled, manufactured, processed or finished [...]

PSA Panama pushes ahead for new Pacific container port

En Rodman se construirá el nuevo patio de contenedores

Parque Industrial Marítimo, S.A. (PIMSA), the concession holder of the fuel tank farm in Arraiján, gave up four areas to the Singapore Ports Authority (PSA) – PSA Rodman Panama International Terminal – a company that is developing a container port at the Panama Canal Pacific entrance.

The Administrative Unit of Reverted Properties (formerly ARI) of the Ministry of Economy and Finance (MEF) approved an addendum – the third – to the contract agreed in 1997 [...]