Expectation in shipping industry about new port of Corozal

Future location of Corozal's port facility

The Corozal model will be a “green port” whose total investment is estimated at $1 billion

In October 2013, the manager of Panama Canal Railway Co., Thomas Kenna, warned in The Bulletin that if a new port on the Pacific (Corozal) is not built soon, the Canal will be expanded “to serve countries in the region competing with Panama.”

That warning today acquired more significance during the XII Panama Maritime Conference and Exhibition and CADE [...]

AMP administrator meets with Japanese maritime industry

In the framework of the meeting of the Panama Canal Advisory Board, Jorge Barakat Pitty, Administrator of the Panama Maritime Authority, made a working visit to the headquarters of the Tokyo MOU, located in Tokyo, Japan, where he formally transferred the application to become an observer member of this important Memorandum of the Asia-Pacific area that keeps Panama on the “white list.”

The Tokyo MOU started operations on April 1, 1994, and is comprised of [...]

World maritime industry eyeing Canal expansion

PanamaMaritime 2015

Panama Maritime Vision XII

The 2015 version of the series of conferences and exhibitions at PanamaMaritime, organized every two years by the Panama Chamber of Shipping (CMP) and the Panamanian Maritime Law Association (APADEMAR), with the support of the Panama Canal Authority (ACP) and the Panama Maritime Authority (AMP), exceeded expectations in both national and international participation.

The obvious interest of the industry was the opportunities that will be opened by the expanded Panama Canal.


New bunker metering solutions for operations in Panama

El sistema de medición bunker de Endress+Hauser

By: Osmel Reyes

Every single day, bunker oil is pumped into the fuel tanks of tanker, cargo, bulk carrier and fishing ships. Particularly in Panama Canal, more than 10 000 MT [1] of bunker oil are delivered daily to tenths of ships.

The traditional quantity measurements via manual tank gauging or sounding use to be associated with a great amount of uncertainty due to error prone volume to mass calculation, as well as to the [...]

Sopisco celebrates its 20th anniversary

Sopisco celebrates its 20th anniversary

SOPISCO PANAMA, SA is celebrating 20 years of serving the maritime community as agents at the Panama Canal and all ports of the Republic of Panama.

Its founder, Mr. Carlos Gomez, who after having accumulated vast experience in Cie. Gle. Transatlantique / French Line, one of the most prestigious shipping companies in the world at the time, felt it was time to make his own way and start his own company.

The big challenge for [...]

MOL leaps ahead with more giant ships

Mitsui OSK Lines (MOL)

The Japanese shipping company Mitsui OSK Lines (MOL) has announced a contract with the Korean shipyard Samsung Heavy Industries, to build four container ships of 20,150 TEU capacities, at a total cost of $619 million.

It will add another two to be built in Japan, for which it has already signed a long-term chartering agreement with Shoei Kisen Kaisha.

The Japanese shipowner noted that these six colossal vessels are the largest in the world, because [...]

Workshops held for Short Sea Maritime Transport

Transporte Marítimo de Corta Distancia en Mesoamérica

The first of the Public/Private workshops on Short Sea Shipping, or SSS, has been held in the city of Managua, Nicaragua, organized by the Central American Commission on Maritime Transport (COCATRAM), in coordination with the Panama Maritime Authority (AMP) and with logistical support from the Inter American Development Bank (IDB).

The activity had the objective: of reviewing and validating with the public and private sectors in each of the ten countries of the Mesoamerica Project [...]