Panama Maritime Authority

AMP continues making progress for the country

Reunión en la Autoridad Marítima de Panamá

The maritime sector has progressed significantly in the past twelve months and provides 23 percent of GDP, the Panama Maritime Authority (AMP) being the third institution that produces more economic benefits for the nation.

This institution has launched projects in Vacamonte, Aguadulce and Puerto Armuelles to boost the economy in these population centers.

Jorge Barakat Pitty, Administrator of the AMP said his institution is “committed to the administration of the national maritime wealth and equitable [...]

Puerto Rincon opens in Donoso, Colon

Puerto Punta Rincón, Colón

The Panama Maritime Authority (AMP) formalized the international port of Punta Rincon, for use that was built with the private investment of Minera Panama.

The port will serve the loading of all mining production and materials to be used for the construction of the power plant and copper ore to be exported. It is located in the area of Donoso, Colon Province.

This port is very important because it raises a new vision on the [...]

Panamanian Shipping industry fights back

By Marijulia Pujol Lloyd

The maritime industry has been under siege over the last five years with a series of scandals. They involve the sale of seamen’s certificates by Orion Maritime Trading, with the blessing of the then Panama Maritime Authority Administrator, Roberto Linares; the nefarious Law 41 of June 14, 2013, restricting significantly the access of foreign investors to maritime auxiliary industries and then Greece’s financial problems that have hit hard that sector in [...]

Companies from U.S., Europe and China interested in port of Aguadulce

Guimara Tuñón Guerra

By Franklin Castrellón

Port operators from the United States, Europe and China have expressed interest in the project of the Panama Maritime Authority (AMP) to develop a multipurpose terminal in the area where once operated the Port of Aguadulce, Guimara Tuñón Guerra, deputy director of Ports of the Panama Maritime Authority (AMP), told The Bulletin.

The tender for “best value” for the design, construction, operation and maintenance of a multipurpose terminal in that area was [...]

AMP opens to U.S. investment proposals

After several years of not participating in public investment projects in Panama, U.S. companies could return with proposals on state procurement in the maritime sector.

The first step in attracting U.S. investment was taken with a meeting between representatives of the U.S. Embassy in Panama and the directors of the Panama Maritime Authority (AMP).

The AMP team was led by Jorge Barakat, AMP administrator; James Perez, Economic Affairs Counselor of the U.S. Embassy in Panama [...]

AMP administrator meets with Japanese maritime industry

In the framework of the meeting of the Panama Canal Advisory Board, Jorge Barakat Pitty, Administrator of the Panama Maritime Authority, made a working visit to the headquarters of the Tokyo MOU, located in Tokyo, Japan, where he formally transferred the application to become an observer member of this important Memorandum of the Asia-Pacific area that keeps Panama on the “white list.”

The Tokyo MOU started operations on April 1, 1994, and is comprised of [...]

Maritime Queen 2015

Reina Marítima 2015

Yaleoxki Yazmarlin Avila Aldeano