Logistics

Tender for fourth bridge over the Panama Canal postponed

Maqueta del cuarto puente sobre el Canal

Four groups will compete to build the fourth bridge over the Panama Canal, following the withdrawal of the consortium formed by the Korean Hyundai and the Spanish Sacyr, which join the departure of the group CCB, conformed by the Brazilian Odebrecht that was told to resign in January.

The Ministry of Public Works modified the date of receipt of offers, so that on September 5 the two consortiums integrated by Chinese companies, one led by […]

Panama could become part of the Silk Road and globalize it: Tapiero

La nueva Ruta de Seda.

By Franklin Castrellón

The establishment of diplomatic relations with China could boost Panama’s integration into the scheme of the so-called “Silk Road,” said Panamanian economist Eddie Tapiero, a logistics expert.

While he warned that Latin America is outside the concept of the Chinese plan of “One Strip, One Route”, known as OBOR (One Belt, One Road) which is an expanded version of the ancient Silk Road, Tapiero considers that “its inclusion would not be difficult, […]

AMP participates in SAPU Roadshow 2017

El Ing. Leonel Medina representó a la AMP.

The Panama Maritime Administration, with a view to reaffirming its commitment to good maritime security practices on board vessels flying its national flag, while ensuring the safeguarding of crew, ship, goods transported and the marine environment, participated in the SAPU Roadshow 2017 International Conference, held in Athens, Greece.

The main theme of the conference was “Accreditation of Private Maritime Security Companies – Control and Standards of Weapons” that was analyzed by a panel of experts […]

Demóstenes Pérez new president of COEL

Demóstenes Pérez during the Coel’s board of directors elections.

The Logistical Business Council (COEL) made up of 18 business guilds, swore in Demóstenes Pérez as its new president of the Board of Directors for the period 2017-2018.

The new Board includes Enrique Clement as vice president; Antonio García-Prieto as treasurer; Ángel Sánchez, as a spokesman; and Giomar González, as secretary.

Perez’s predecessor is Leroy Sheffer, who chaired the 2015-2016 Council period.

The president-elect of COEL is part of GS1 Panama, where he stood out […]

Central American ports must adapt to new shipping demands

Puerto Quetzal.

The shipping world demands port efficiency, due to the need to load and unload large numbers of containers in a short time. The expansion of the Panama Canal has led to the construction of larger vessels with more capacity. However, the economic crisis of 2009 and the fall of freight volumes by half, explained Ricardo Cruz, chairman of the transport and logistics committee of the El Salvador Chamber of Commerce (Camarasal).

At present there are […]

New Panamanian registry’s technical office in Miami

El administrador de la AMP, Jorge Barakat Pitti inaugura la oficina de Miami.

The Panama Maritime Authority officially inaugurated a Miami office to facilitate technical inquiries and respond to clients on the US East Coast, the registry’s technical office was located in New York.

Panama has the biggest merchant navy in the world and ship registration process has been digitalized to be able to attend customers’ needs all year round.

Jorge Barakat Pitty, minister of maritime affairs and administrator of the Panama Maritime Authority, said the office will […]

Canal offers incentives to Neopanamax on return journey south

The Neopanamax ships will receive incentives, if they use the Panama Canal on its return trip.

By Franklin Castrellón

The Panama Canal Authority (ACP) has formulated a proposal to modify the toll system which, on the one hand, provides incentives to Neopanamax vessels on their partially empty return voyage to the South Pacific. On the other hand, the ACP reassigns the container/loose cargo vessels from its classification in the “other” segment to the general cargo segment, which will generate savings for these types of vessels for using the Panamanian route. The […]