Environmental initiatives to preserve Canal areas

Voluntarios sembrando plantones

As part of the sustainability initiatives of PSA Panama International Terminal, the company partnered along with representatives of the Ministry of Environment and students of the Panama International Maritime University (UMIP) in an activity of planting native species.

About 50 volunteers participated in this activity in which 200 seedlings of species such as espavé, mango, thorny cedar and lignum vitae were planted under the canopy of Cerro San Juan. This hill is located opposite PSA [...]

Panama maritime administration strengthens the ship registry

Administración marítima busca fortalecer el registro de naves

By Franklin Castrellón

With a record that from the past century earned it the title of a “flag of convenience”, the Panamanian ship registry was facing a great challenge at the end of 1999, on the eve of the handover of the Canal to Panama.

The great challenge was to correct the shortcomings of the past and raise the level of the registry to that of the Canal: a company of first world prestige.


Week in Review – Vol. 34 No. 18


The consortium Grupo Unidos por el Canal (GUPC) which is building the third set of locks on the Panama Canal, has not given the final report on the leaks detected more than two months ago on the Pacific locks. The Canal administration announced that it has received preliminary reports, but is still waiting on a final report on the failure. After more than two months since the leaks appeared in the Canal Expansion, [...]

APEDE calls for free zone equality

The Panamanian Association of Business Executives (APEDE) Issued the following statement in solidarity with Colon Free Zone businessmen recommending that all free zones in Panama operate on a level playing field.

However, President Juan Carlos Varela continues to claim that this would not solve the problem of the Colon Free Zone, which has lost its competitiveness.

“The Panamanian Association of Business Executives (APEDE) joins the concern of several sectors of the country due to the [...]

Vice Chancellor of the UMIP chosen president of IPIN

Dr. Adam Vega, Vice Rector of Graduate Research Studies and Extension of the Panama International Maritime University (UMIP) was chosen as the new president of the Pan American Institute of Naval, Maritime and Port Engineering (IPIN).

The decision was taken at the General Assembly of IPEN and issued within the framework of the celebration of the XXIV Pan American Congress of Naval Engineering (COPINAVAL) recently held in Montevideo, Uruguay.

The event was attended by representatives [...]

Insurance to safeguard your cargo

Seguro marítimo para salvaguardar su carga

Por: Carlos Stuart Socio – Director Unity Ducruet

Like any other business, the maritime activities are full of risks, there are many situations that should be taken into account for those who pursue this enterprise as a way to make a living and buying an Insurance Policy is a good idea to maintain a healthy patrimony and investment.

Panama has advanced a lot with regards to policy coverage and maritime insurance and it is possible [...]

Euronav chooses Panamanian cadets

El Capitán Nikos Koulouris entrevista a una cadete

The shipping company Euronav, one of the major crude oil carriers in the world, selected 30 nautical cadets of the Panama International Maritime University (UMIP) to carry out their embarkation period of 12 months.

The Greek shipping company sent Captain Nikos Koulouris, hiring manager, to Panama to interview a group of 43 cadets and choose those who filled the expectations, guidelines and profile of the company.

In all, 13 cadets studying Nautical Engineering in Naval [...]