Logistics

Panama site of regional shipping event

The 48th Annual General Meeting, Exhibition and Conference of the Caribbean Shipping Association (CSA) was held in Panama this year, hosted by Manzanillo International Terminal (MIT).

Election of officers took place in the presence of more than 300 members from ports, shipping companies, shipping agencies, logistics companies and firms representing many related activities.

The membership was representative of most Caribbean islands, Central America, South America and […]

Canal inaugurates new Gamboa bridge

Canal inaugurates new Gamboa bridge

On October 11 the Panama Canal inaugurated the new bridge at Gamboa, which will benefit the residents of this canal town, tourists and the personnel of the operational areas of the waterway located in that sector. The bridge not only benefits the Panama Canal, but also the community, because it will give access to heavy equipment for garbage and scrap collection, and concretes for street repair, as well as safety and logistics.

Emotions run high at shipping event

Horatio Maclean at the MIT offices.

Much emphasis was placed on training young people, but the emotions stirred among participants at the 48th Annual General Meeting of the Caribbean Shipping Association were a surprise.

They were caused by the story of a young third-year student of shipping and logistics at the Caribbean Maritime University of Kingston, Jamaica, Horatio Mclean.

Horatio accompanied the Jamaican delegation to Panama. He began his story by explaining […]

Global idle fleet reduced in face of increased vessel demand

Alrededor de 74,000 TEUs fueron retirados de la flota ociosa durante la primera quincena de noviembre.

The idle fleet of container ships of more than 500 TEUs has fallen, due to capacity demand, to only 136 units, equivalent to 520,365 TEUs, as of November 13, 2017, a figure that represents 2.5% of the total fleet accounted for in units.

According to an Alphaliner report, around 74,000 TEUs were removed from the idle fleet during the first half of November, reducing the number of inactive vessels in all size segments, except for […]

MOL and China Cosco Shipping to be co-owners of four LNG tankers

MOL has announced that China COSCO Shipping will participate in the subsidiary of its property that will own four LNG tankers providing services to the Russia Yamal LNG project.

Total ownership will be divided equally between MOL and China COSCO Shipping.

It should be noted that MOL has already signed long-term charter contracts for the four ships through its subsidiary.

This is the fourth joint LNG project involving MOL and China COSCO Shipping, which gives […]

How transport can be reinvented in the digital age?

Los barcos serán más seguros y necesitará menos tripulación.

Digital technologies are revolutionizing the world with unthinkable impacts in all industries. Containerized cargo transport is no exception and “half a century after the creation of the container, it is time to rethink the future of the business with the incorporation of digital technology, big data and the Internet,” according to an analysis of the consulting firm McKinsey, which proposes a long-term vision with the integration of the advances of the future.

According to the […]

Panama must solve problems limiting competitiveness

Índice de competitividad en Latinoamérica y el Caribe.

By Franklin Castrellón

Panama has dropped eight positions in the Global Competitiveness Index 2017-2018 which is made every year by the World Economic Forum (WEF). The country has fallen to 50th position among the 137 economies evaluated under the twelve pillars of the ICG.

They include institutionality, infrastructure, macroeconomic stability, health and primary education, higher education and training, stock market efficiency, labor market efficiency, financial market sophistication, technological availability, market size, business sophistication and innovation.

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