Barcelona, gate to Europe and the Mediterranean

Puerto de Barcelona.

The Port of Barcelona will lead a commercial mission to Panama between November 19 and 22, with more than 60 entrepreneurs from the logistics sector (freight forwarders, consignees, ship owners, logistics and port operators) as well as importers and exporters.

Barcelona is the main Euro-Mediterranean logistics hub and offers Panamanian businessmen excellent location, connectivity and complete transport and distribution services.

The mission, organized with the help of “Consejo General de Cámaras de Cataluña y Fomento […]

Port of Corozal will create 2000 direct jobs

Puerto de Corozal.

The development of a container port in the area of Corozal West, on the east bank of the Panama Canal’s Pacific entrance, will give an injection of over $1.3 billion to the economy and will create around 2,100 direct jobs during its construction.

The Panama Canal Planification and Commercial Development vice-president, Oscar Bazán, explained that the Port of Corozal is in the tendering stage and will strengthen the competitive advantage of the route through Panama […]

ACP Board authorizes go-ahead for Port of Corozal

The Board of Directors of the Panama Canal Authority (ACP) approved the statement of requirements and authorized management to continue with the approval process prior to calling the tender for the concession of the port of Corozal with the shortlisted companies.

The ACP announced that the statement of requirements will be published in ten days.

The ACP announced in March this year that four out of seven of the largest port operators in the world […]

Mixed companies paid millions, why not Panama Ports?

Panama Ports, Cristóbal.

By Franklin Castrellón

The ten joint ventures increased their contributions to the State by 36.3% in fiscal year 2015, the director of the Department of Investment, Concessions and Risks (DICRE) of the Ministry of Economy and Finance, Jorge Dawson, told The Bulletin,.

The contributions totaled $163.4 million in 2015 compared to $119.9 million in the previous year.

The greatest contribution in 2015 corresponded to the hydroelectric generating company, Enel Fortuna, with $40.98 million, followed by […]

New executive director for PPC

Puerto de Balboa.

Panama Ports Company (PPC), a subsidiary of Hong Kong’s Hutchison Port Holdings (HPH), last week announced the appointment of Paul Wallace as the new Chief Executive Officer (CEO) with effect from August 8, 2016. Wallace replaced Aitor Ibarreche, who held the post from January 2014 to June 9, 2016.

With over 30 years of experience in the maritime industry, Wallace entered the HPH Group in November, 2009, as commercial director of the Port of Felixstowe, […]

PCT has new installations

Los megabarcos se están desviado a Puerto Caucedo.

Panama Central Terminal, Inc., (PCT) is a Customs area dedicated to handling nationalized and non-nationalized cargo. It has a facility and location in the area of Juan Diaz. From the moment cargo arrives at the ports, it is received in the facilities of Panama Central Terminal and moved quickly and safely through procedures for nationalization or export. PCT has a modern computer center that keeps inventories for both bulk cargo and containers.

The services offered […]

Puerto de Corozal an urgent need

El planeado Puerto de Corozal.

By Franklin Castrellón

A workshop on marine cargo transshipment, held on August 17 under the auspices of the Logistics Cabinet and the Panama Chamber of Shipping (CMP) concluded on the need to expand port capacity of Panama on the Pacific coast if it is to exploit the opportunities open to the country by the expanded Canal.

In addition to the organizers and the representative of the Center for Innovation and Research in Logistics of Georgia […]