Week in Review March 6

PANAMA TOPS

Panama will outperform Chile as a result of greater economic growth, but the measure does not reflect persistent inequalities. Panama will be the country with the highest GDP per capita measured by purchasing power parity in Latin America in 2018. This is the projection made by the International Monetary Fund (IMF). Taken into account are the calculations that point to Panama as the fastest growing economy.

DEPENDENCE

An improvement in the economies of […]

Foreign trade grows in China during January

Despite the good results in the first month of the year, the opinions are measured from the Chinese government. Wang Dongtang, deputy director general of the Ministry of Commerce Foreign Trade Department, told Xinhua that “uncertain and unstable factors are increasing. The difficulties facing China’s foreign trade are not short term.”

For Wang, the increase in commercial protectionism (mainly from the United States), weak foreign demand and domestic production higher costs are potential constraints to […]

Court in South Korea declares bankruptcy of Hanjin Shipping

La quiebra definitiva de Hanjin Shipping

The Seoul Central Court declared the final bankruptcy of Hanjin Shipping, the South Korean shipping company that pioneered shipping and ranked as the seventh largest in the world, on Feb. 17, South Korea’s KBS World Radio reported.

The shipping company during its judicial administration process went on to sell some of its main assets, such as its shares on the Long Beach terminal in the United States, among others. Despite these extreme measures, the Court […]

Aimar, your logistic solutions

El Grupo Aimar Group ofrece soluciones para todas sus necesidades globales

A logistic operator that has an excellent multimodal platform and also offers storing, labelling and packaging is essential to have a successful business. AIMAR Group is a logistic operator with more than 25 years’ experience in the Central American and Panamanian markets.

The Aimar Group offers one company for all your global logistic needs, we provide customized services to fit your needs and have regular world-wide sailings for FCL (Full container Loads) and LCL (Less […]

Environmental NGOs call upon the EU to effectively regulate shipborne pollution

Los barcos contaminan el ambiente.

From dangerous emissions in ports to hazardous scrapping on South Asian beaches, European shipping companies pollute and put people’s health and lives at serious risk. In light of the ongoing European Shipping Week and the failure of the International Maritime Organization to find solutions, environmental experts are ringing the alarm bell and calling upon European policy makers to urgently adopt policies that effectively target the environmental performance of shipping.

“Every year approximately 50,000 people in […]

AMP has a meeting with recognized national organizations

Representantes de ORs.

“The Second Meeting with the Recognized Organizations (OR) for Panama, responds to the interest of the Panama Maritime Authority to maintain the direct channels of communication open, not only to tell them about the decisions we have made, but also feedback about their impressions, concerns and event proposals, all in a transparent manner to strengthen us, because after all we are a team,” said the Minister for Maritime Affair and Panama Maritime Authority Administrator (AMP), […]

IATA moves to Panama its Central American headquarters

Hub de las Américas de COPA.

The International Air Transport Association (IATA) vice-president for the Americas, Peter Cerdá, explained that the decision to move the association Central American headquarters from San Jose, Costa Rica, to Panama was due to the strategic importance of the Panamanian airport.

The IATA executive, an association that brings together more than 260 airlines worldwide, said the development of the “Hub of the Americas”, the Panamanian airline Copa Airlines connection center, that operates at the Tocumen International […]