Shipping

Panama close to being global logistics “hub”

Fibra óptica.

Some 1,263 kilometers of fiber optic cable, covering an equal distance between Venezuela and the Canary Islands, were handled in a Panamanian port

The port of Cristobal in the city of Colon concluded an operation of 12 days, during which the handling and transshipment took place of 1,263 kilometers of fiber optic cable that was originally used to connect Venezuela with the Canary Islands.

It is the second time the terminal, administered by Panama Ports […]

New container weight rule will cause havoc

El desastre del MSC Napoli.

The container weight mandate from the International Maritime Organization (IMO) under the Safety of Life at Sea Convention (SOLAS) which will come into effect from July 1, 2016, is going to cause serious problems to Latin America and Caribbean terminal operators who are working under different rules.

According to the new convention, any shipping container leaving any port in the world, must be accompanied by a shipping document signed either electronically or in hard copy […]

Posidonia showcasing world shipping industry

Posidonia es uno de los eventos más importantes de la industria marítima mundial

Posidonia is one of the most important events of the global shipping industry, which takes place every two years in Athens, Greece. Panama will be represented by Proinvex, the Panama Maritime Authority, the Panama Canal Authority, the Panama Tourism Authority and a large number of private service providers, who will be present once again to give Panamanian companies the opportunity to offer their products and services to main players of the shipping industry.

Shipping industry […]

Chinese shipping lines confirm Canal route

El Pasaje Norte-Oeste.

Representatives of China Cosco Shipping, met on April 21 with the administrator of the Panama Canal, Jorge Luis Quijano and reiterated that they have no intention, either now or in the near future, of using the route through the Arctic, because it is too risky for their ships and cargo of their customers.

Quijano said that the representatives of the largest shipping line of China said that in the past they have seen the opportunity […]

Expanded canal opens doors for Panama

Carguero GLN Neo Panamax.

On June 27 the expanded Panama Canal will enter into service, which consists of a new lane for Neopanamax ships with load capacities of about 13,000 containers.

Forty-five Neopanamax ships, including 44 container carriers, have already made reservations for transit through the expanded Panama Canal, the administrator of the waterway, Jorge Quijano, highlighting, pointing to the opportunities in the areas of logistics and value added chains being opened to the country.

“More than 80% of […]

Maritime cargo weighing enters into force in July

Normas de carga marítima entrarán en vigor en julio

Weighing legislation on maritime container cargo adopted by the International Maritime Organization (IMO) will enter into force on July 1 and most countries are already working to adapt to the new rules.

Recent studies conducted in the field on cargo shipping have shown that most accidents involving container ships are related to excess weight, so the IMO has decided to curb the problem by establishing tighter controls.

The cargo shippers will be responsible for verifying […]

AUPA’s new tariff increase suspended

AUPSA suspende aumento de tarifas

By Marijulia Pujol Lloyd

The Panama Chamber of Shipping has had a dispute with the Panamanian Food Safety Authority (Autoridad Panameña de Seguridad Alimentaria – AUPSA) since March 23, 2016 after this government entity announced an increase in its tariffs.

The AUPSA inspects transshipment cargo passing through the Panama Canal. Immediately after the announcement, the auxiliary maritime companies complained and AUPSA stopped the measure pending further consultation with those affected.

AUPSA and the Chamber of […]