Manuel Grimaldo appointed new manager of the CFZ

Edificio de la Administración de la Zona Libre de Colón.

President Juan Carlos Varela on Monday appointed Manuel Grimaldo as the new General Manager of the Colon Free Zone (ZLC) to replace Surse Pierpoint, who resigned and will work on the development of the logistics component and the multimodal zone of the International Airport of Tocumen.

Among the main axes in which the current Deputy Minister of Internal Commerce and Industries, Manuel Grimaldo, will work will be the modernization of the ZLC Administration, as well […]

AMP marks a century flagging ships

El Registro Panameño de Naves, desde 1993, ocupa el primer lugar en abanderamiento de buques a nivel mundial.

December 15, 2017 marks 100 years since the Panama Maritime Authority (AMP) began its Ship Registry, so the year will have a series of commemorative events in which the Panamanian people will participate.

The activities will seek to show the scope of the institution around the world and the respect it has gained from the international maritime community.

One hundred years ago, Law 63 of December 15, 1917 created the International Ship Registry of Panama […]

Chinese port operators expand with unprecedented aggressiveness

Cosco Shipping Ports y China Merchants Ports han impulsado fusiones.

Prospects for global demand growth in container ports are are now more optimistic and Chinese market players are moving forward aggressively with high-level purchasing of terminals.

In that sense, major shipping mergers and acquisitions are changing the landscape, marking a better future, according to the Global Annual Report on Container Operator Terminals 2017, in its fifteenth year of publication by Drewry.

Drewry’s forecast of demand of container terminal operators is more positive than that reported […]

Panama Canal signs agreements to boost sustainability in its basin

The Panama Canal signed four cooperation agreements with the Banesco and Banistmo banks, Manzanillo International Terminal (MIT) and the car sales company Ricardo Pérez S.A., to collaborate in projects of social responsibility.

In this way, the parties will work together with contributions to promote the sustainable development of the Panama Canal basin and its residents. In addition, they will coordinate specific projects for environmental protection, the integral well-being of the people, the culture, the community […]

Week in Review August 14

LAST TOUCH

Grupo Unidos por el Canal consortium (GUPC) has not yet finalized the “minor works” of the Panama Canal expansion. The Panama Canal Authority (ACP) reported in a statement that the contractor has not yet confirmed a new completion date but that, according to its records, the list of minor work and outstanding defects has a breakthrough of a total of 99% for both the Cocolí locks on the Pacific and the Agua Clara […]

Container movement up 6.7% in 75 Latin America and Caribbean ports

Container movement in ports of Latin America and the Caribbean increased by 6.7% during the first quarter of 2017. The figures are encouraging for a large number of container ports in the region, according to a newsletter released by the Economic Commission for Latin America and the Caribbean (ECLAC).

The increase in the port movement of containers reverses the deceleration observed in the activity in 2016, with the increase determined in the first quarter, mainly, […]

Forum about the expanded Canal and Chile

Líderes panameños y chilenos de la industria marítima asistieron al foro.

The Chilean Embassy in Panama and the Panama Canal Authority (ACP) developed the Chile-Panama Global Opportunities Forum where the potential of the expansion of the inter-oceanic route for Chilean maritime trade was discussed.

The event was attended by the President of Panama, Juan Carlos Varela, the Canal Administrator, Jorge Luis Quijano, and the Chilean Ambassador to Panama, Francisco Cruz.

It should be noted that Chile is the fourth major user of the Panama Canal – […]