Ports of Panama move 3.3 million TEUs in three months

Movimiento de carga en puertos panameños aumentó

Panama’s ports moved 3.3 million TEUs (20-foot container equivalents) during the first semester, or a 1.3% growth compared to the same period last year.

On average the Panamanian port system moved 500,000 TEUs per month, according to statistics released by the Panama Maritime Authority (AMP).

The behavior of the growth in cargo movement was expected by port operators, said the president of the Panama Chamber of Shipping, Juan Carlos Croston.

The delay of the Canal [...]

“Monopolistic practice of MEC affects image of an open market in Panama”

dique seco de Balboa

The case for the ship’s chandlers

Ship suppliers (ship’s chandlers) have made accusations of monopolistic practices and conflict of interest against MEC Shipyards, operator of the Balboa drydock.

MEC Shipyards won the concession to operate the Balboa drydock in January, 2013, under the past administration of Ricardo Martinelli, when the Panama Maritime Authority (AMP) was administered by Roberto Linares.

The concessionaire won the right to manage and operate the Balboa complex in a process saturated [...]

ACP analyzes building port in Corozal

The Panama Canal Authority (ACP) is considering building a new port under administrative concession at Corozal, in the area of Balboa.

If the board of the ACP approves the project, it is estimated that the tender process could be held in October.

Jorge Luis Quijano, Administrator of the ACP, said in an article on Prensa.com that “it would be a full concession, where the holder would make the investment, or it would be a concession [...]

Port of Mariel attracts big shipping lines

Melfi es otra de las grandes navieras que está mandando sus barcos a Mariel

As of June 13 this year, Melfi Marine vessels will begin to call at the new port of Mariel, Cuba, rather than at Havana.

The port of Havana will no longer be working container ships, but other types of vessels and eventually will become a tourist port.

The presidents of Cuba and Brazil, Raul Castro and Dilma Rousseff, along with other leaders of the region, opened the container terminal at the Port of Mariel in [...]

Cuba committed to its port of Mariel

Puerto de Mariel

The port of Mariel, which 30 years ago was the way out to the United States for an exodus of 125,000 Cubans, has become the main asset of the government of Raul Castro to build one of the main drivers of the national economy.

It includes a free zone for import, export and manufacture, capable of receiving Post Panamax vessels that can carry up to 9,000 containers, but can not pass through the current Panama [...]

Panama sells island for “mega port”

Isla Remo Largo, Colón

Isla Remo Largo in Colón has been sold for $30 million for the construction and operation of a port for container handling for super Post Panamax vessels.

The Panamanian Cabinet authhorized the Administrative Unit of Reverted Properties to “…sell to the company SMC BARCELONA, SA, the polygon IL01 -01, located in the area of Isla Remo Largo, Cristobal district and in the province of Colón, at a price of $30 million for the construction, development, [...]

Human capital is key to maritime and logistics development

Cámara Marítima de Panamá

Discussion analyzing the issue:

As part of its efforts to boost the maritime development of Panama and its transformation into a regional logistics center, the Panama Chamber of Shipping (CMP) is holding tomorrow, Tuesday, April 22, 2014, the discussion group “Human capital: key to growth of the maritime-logistics sector”.

The event will be moderated by Engineer Zoila Castillo, of the Technological University of Panama (UTP) and will be held from 7:30 a.m., at the Berlin [...]