Bi-Lingual Newspaper which focuses on Logistic News and Information for Panama and Around the Globe
The first of 14 new tugs specially designed to more effectively assist post-Panamax vessels through the new Third Set of Locks, arrived in Panama at the end of March.
The ACP’s existing tug fleet now totals 37, including this new tug.
Spanish ship building and repair company Astilleros Armon SA has delivered the tug “Cerro Itamut”, the first of a series of fourteen azimuthing tractor tugs for the Panama Canal [...]
When it seemed that the roof of container capacity was set by Maersk Line when it imposed its Triple-E series, there came a surprise from a Chinese shipping company with an order for five mega container carriers exceeding by 400 containers measured in 20-foot units (TEUs) over the ships of the Danish giant.
China Shipping Container Lines (CSCL) has commissioned the South Korean shipbuilder Hyundai Heavy Industries to [...]
By Dennis Smith
Maersk Line is adding port calls in Panama and Costa Rica to its weekly South Atlantic Express (SAE) service, which connects currently the Port of Wilmington (North Carolina) with Central America.
As a result, shippers using Wilmington can now directly access the ports of Manzanillo in Panama, Puerto Moin in Costa Rica, Puerto Cortes in Honduras and Santo Tomas in Guatemala.
Under the expanded SAE service, the ports of Puerto Cortez and [...]
A new container handling record has been set by San Antonio Terminal Internacional (STI) by making the transfer of 2,726 reefer containers plugged into the Sites N ° 1 and N ° 2.
This volume also means a new mark in relation to domestic Chilean ports.
The operator, STI, said that record is because “during the last weeks of the fruit season the number of reefer [...]
According to the latest monthly report published by RS Platou, international ship & offshore brokers and investment bankers, in the past ten years there has been a significant increase in shipbuilding capacity in all shipyards around the world.
Deliveries grew from 18 million CGT (compensated gross tons) in 2002 to peak in 2011 at 44 million CGT. Shipyards built tonnage above 30,000 dwt (deadweight tons). Last year [...]
By Denis Smith
Concern that increasing Canal tolls could cripple efforts to maintain a stable energy supply in Japan was raised at a meeting with President Ricardo Martinelli and Foreign Minister, Fernando Nunez Fabrega, in Panama recently by Japan’s Foreign Minister, Fumio Kishida.
The basis for the concern is shipping shale gas from the US and Canada to the island nation via the Panama Canal. Kishida said that shipping companies which transport the natural gas [...]
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Panama Canal Authority refines toll hike proposal
No specific numbers have been mentioned yet
Later this year the Panama Canal Authority (ACP) will present to its Board of Directors the comments it has received from users and customers about the new toll structure that is planned to come into effect from 2015.
Since late 2012, the administration initiated meetings with users’ representatives and customers to collect their comments on the toll hike that is planned “without mentioning specific numbers yet.”
The hearing [...]