“The container shipping industry is approaching a better period, as a number of factors which help to balance supply and demand are beginning to take hold. Although we cannot say that the future is bright, we can say there is light at the end of the tunnel,” said Rolf Habben Jansen, CEO of Hapag-Lloyd, after the publication of the company’s profits for the first half of 2016, reported an article by “Xeneta”.
In fact, the […]
CMA CGM, COSCO Container Lines, Evergreen Line y Orient Overseas Container Line announced the implementation of what will become the biggest shipping alliance in the world, Ocean Alliance.
The four partners will share their capacity in several routes in order to offer a better service to their customers. Together, the associated shipping companies will operate 40 services on the East-West routes with about 100 ports of call and almost 500 interconnected ports, supported by a […]
In order to exchange views about the safety of passenger vessels, norms to protect the marine environment and ways to simplify procedures related to Panamanian vessels in the ports of European Union (EU) countries, Jorge Barakat Pitty, Minister for Maritime Affairs and Administrator of the Panama Maritime Authority (AMP), met in Brussels with European Transport Commissioner, Violeta Bulc.
“Panama appreciates the continued support from the European Commission, which has made possible the successful implementation of […]
By: Lic. Oliver G. Laprea, Master in Foreign Trade and Maritime Services. Panamax@gmail.com
Panama has survived various economic cycles. However, when there is a global economic downturn, the Canal also suffers but in the long turn growth picks up again
Current issues of great importance for the maritime sector are:
The impact of liquefied natural gas on the maritime industry. The implementation of the Ballast Water Convention. The economic effects of the expanded Canal on the […]