Maersk ordered nine vessels of 14,000 TEUs

The Danish shipping company Maersk Line announced the signing of a contract worth $1,100 million with Hyundai Heavy Industries (HHI) for building nine vessels with a capacity of 14,000 TEUs each.

This is the third purchase of an investment program of $15,000 million announced by Maersk Line in 2014, which includes new container vessels, and retrofitting, among other work.

“I am very pleased with this new order, where we decided to adopt a new approach. [...]

Glass exported to Mexico under TLC

The company Optima Ballistic Glass Corp, made its first export to Mexico being one of the first Panamanian firms to take advantage of trade liberalization between Panama and the Aztec nation.

The company exported the bulletproof glass packed in plywood containers.

Optima Ballistic Glass Corp. has spent 10 years in the Panamanian market, with more than 100 Panamanian workers developing its operations in the Albrook Free Zone under Law 32 of April 5, 2011, which [...]

Focus Publications Group bids farewell to its director

Kenneth “Ken” J. Jones

On Tuesday, August 11 at 11 a.m., family members, employees and friends of Kenneth “Ken” J. Jones, founder of Focus Publications Group, gathered to pay their last respects. The 82 year old journalist and publisher died on July 31 at his home in Caimito, Capira.

He began The Visitor 21 years ago, developing it into an essential read for Panamanians, residents and tourists. The tourism newspaper today enjoys nationwide distribution with 15,000 copies printed [...]

Juan C. Croston sees promising future for Panama maritime sector

Juan Carlos Croston

“The actors should prepare themselves”

Juan C. Croston.

Warning that other countries are prepared to dispute the leadership of Panama as a regional cargo transshipment and logistics hub, the Vice President of Marketing at Manzanillo International Terminal (MIT), Juan Carlos Croston, said he was “quite positive” about the long term potential that will open to Panama when the expanded canal starts operating in the second quarter of 2016.

Among the ports that are ready to [...]

Singapore helps training in Panama logistics sector

Entre las ventajas de la ampliación del Canal será la generación de nuevos empleos

By Marijulia Pujol Lloyd

The logistics sector is very important for Panama’s economy. However, several leaders in this industry have said repeatedly that there is a lack of qualified bilingual personnel that could occupy the posts that are going to be created once the expanded Panama Canal starts operations in 2016.

In order to solve this problem, the Panamanian Association of Cargo Agents (APAC), together with the Logistic Cargo Training Center, the Logistic Business Council [...]

New AU Board takes possession

Left to right: Luis Germán Gómez Giraldo swears in the new chairman of the AU, Marco Tellez

On July 29; the inauguration took place of the new Board of the Colon Free Zone Users’ Association (AUZLC) for the 2015 to 2016 period, chaired by Marco Tellez.

Tellez was accompany, by First Vice President, Giovanni Ferrari and Second Vice President, Nilda Quijano.

Tellez, who has a degree in International Business from the American University of Panama, has over 20 years’ experience in the field of marketing, transport and logistics, and is currently president [...]

Free Zone manager partipates in induction of new AU Board

The Manager of the Colón Free Zone, Surse Pierpoint, participated in the inauguration of the Board of the Colon Free Zone Users’ Association chaired by Marco Tellez, with First Vice President, Giovanni Ferrari and Second Vice President, Nilda Quijano for the 2015-2016 period.

During the celebration, the Minister of Commerce and Industry, Meliton Arrocha said that the contribution of the Free Zone is important at the national level to generate wealth for the province of [...]