Shipping

Canal offers incentives to Neopanamax on return journey south

The Neopanamax ships will receive incentives, if they use the Panama Canal on its return trip.

By Franklin Castrellón

The Panama Canal Authority (ACP) has formulated a proposal to modify the toll system which, on the one hand, provides incentives to Neopanamax vessels on their partially empty return voyage to the South Pacific. On the other hand, the ACP reassigns the container/loose cargo vessels from its classification in the “other” segment to the general cargo segment, which will generate savings for these types of vessels for using the Panamanian route. The […]

Minister of Maritime Affairs visits Japan

El Administrador de la AMP, Jorge Barakat con representantes de los sectores portuarios y marítimos de Japón.

The Minister of Maritime Affairs and Administrator of the Panama Maritime Authority (AMP) Jorge Barakat Pitty, made an official tour to Tokyo, Japan, where he met with representatives of the maritime-port sector.

The authority communicated with representatives of major Japanese shipping companies such as: MOL, NYK Line and “K” Line, as well as with members of the Japan Ship Owners Association.

Minister Barakat Pitty presented to the representatives the new platforms and technological systems that […]

At SEMINSA, safety comes first

Los extintores de incendios deben ser inspeccionados regularmente.

SEMINSA (Maritime Services and Inspections, S.A) is a 100% Panamanian fire extinguisher company that offers services of Inspections, maintenance, repair and supplies of fire, breathing, rescue and safety equipment.

SEMINSA is a company that offers quality services and excellent professional treatment 24 hours, 7 days a week and 365 days a year.

It covers all fire equipment and is approved by the most important classification societies in the world, such as: Bureau Veritas, ABS, RINA, […]

Agunsa and the challenge of adapting and innovating as a ship agent

Agunsa ofrece todo tipo de servicios a la industria marítima.

Waldo Caroca, manager of the Agunsa ship agency area, stressed the importance of this activity.

In the logistics chain of the maritime industry, the work of the agency is key because it assumes the representation and coordination of a series of activities that allow the normal operation of a ship in a port.

For this, the agency is invested with the legal representation of a shipowner or a charterer before the local authorities and competent […]

Cosco Shipping Specialized Carriers increases net profit

Cosco ha registrado un aumento en sus ganancias.

Cosco Shipping Specialized Carriers, a multipurpose freight shipping company, recorded a strong increase in its net profits (not yet audited) during the first quarter ended March 31, 2017. This was mainly due to the high returns from its capital investments.

Profits for the first quarter of 2017 were $1.61 million, recording an astronomical increase of 1,104% compared to a gain of around $133,400 in the same period of 2016.

Cosco Shipping Specialized Carriers said the […]

Shipping company wants to link Dominican Republic with Puerto Rico

Balearia quiere conectar República Dominicana con Puerto Rico.

Spanish shipping company, Balearia, is interested in connecting the Dominican Republic with Puerto Rico, said the Dominican Chancellor, Miguel Vargas, who has met with executives of that company to discuss the issue.

“I have held meetings with the top executives of Balearia, a large Spanish shipping company that offers services in the Mediterranean and also in Florida and the Bahamas,” said Vargas during a conference he gave a few days ago at a lunch organized […]

AMP repatriates seamen abandoned in Venezuela

El barco fue abandonado cerca del Puerto de Guanta, Venezuela.

The Panama Maritime Authority (AMP) repatriated the crew of the Panamanian flagged vessel “Pan Prosperity” with IMO No. 9125152, which was abandoned near the Port of Guanta, in the Bolivarian Republic of Venezuela.

The labor complaint by the crew of the “Pan Prosperity” was received by the Department of Maritime Labor Affairs of the Department of Seafarers on March 1, 2017. On initiation of the investigation, it was confirmed that on board the vessel were […]