To attract foreign investors
The Dominican Republic is investing in the training of its human resources in technical areas and in the English language in order to attract investors to the island.
The Senior Commercial Manager of DP World Caucedo, Hector Tamburini, highlighted the geographical position of the Dominican Republic, which is located close to large consumer markets and the country’s investment in a technology park technical college specializing in training technical vocations and the [...]
APM Terminals, operator of the Multipurpose North Pier at Callao, Peru, will invest $58 million in the expansion of the discharge capacity of the conveyor belt and the expansion of the container yard.
The General Director of APM Terminals Callao, Henrik Kristensen, said that the refurbishment will be carried out in five stages.
Currently, APM Terminals Callao is carrying out steps 1 and 2 including the remodeling of docks 11 and 5, and the expansion [...]
The crisis in Venezuela is not only affecting the movement of containers in the Panamanian port system, but also the air cargo industry, according to industry spokesmen.
The statistics of the Panama Maritime Authority (AMP) confirmed what had already been reflected in recent months by the Panamanian port system – a fall of 4.3% compared with 2012 and -1% in relation to 2011, indicating that the movements are marching backwards.
The three Atlantic ports are [...]
Expansion for a larger Panama Canal, to be opened in 2015, is impacting Miami through new loading and unloading preparations since November and December last year, and volumes are stepping up, said the Embassy of Panama in the United States.
The modernization of the Port of Miami is designed for the new Post-Panamax ships that will transit the expanded Panamanian waterway.
Work on the port exceeds $2,000 million in investment and it is expected to [...]
Operations of Manzanillo International Terminal (MIT) have returned to normal after the strike that hit the port in November last year, when workers made claims over days off and the payment of overtime.
After mediation between the company and the workers through the Labor Ministry, the strike ended after eleven days. Since there have been no further problems, MIT is catching up on the backlog and has almost reached the operating levels prior to the [...]
Relations between Panama and Ecuador remain strained by a dispute over a fishing boat.
The differences took diplomatic relations to their lowest level, to the extent that Panama called its ambassador for consultations.
Jose Acosta Noriel, its ambassador in Quito, was recalled in early December for what Panama considered an annoying delay by Ecuador to release the vessel “Doria”.
The fishing boat was captured by Ecuador on October 13 in international waters “in violation of [...]