April

AMP receives visit of US Coast Guard delegates

The Panama Maritime Authority (AMP) received a visit of a delegation from the US Coast Guard Service (USCG) with the purpose of exchanging experiences and strengthening existing collaboration ties, to the benefit of maritime security in territorial waters.

The Director of Ports and Auxiliary Maritime Industries of the AMP, Guimara Tuñón, with her work team, were in charge of hosting the delegation of the USCG, among including the Director of Inspection and Compliance, Captain Jennifer […]

MIT: 23 years serving Panama and the world

Manzanillo International Terminal (MIT) began operations on April 16, 1995, in the Atlantic coast of Panama, since then it has offered efficient port services to shipping lines operating in the Caribbean and Latin America.

In 23 years of operation MIT has been pioneer in innovation and technology. The terminal developed added value areas for containers and rolling equipment to promote the flow of cargo through Panama. MIT was the […]

AMP repatriates seamen abandoned in Venezuela

El barco fue abandonado cerca del Puerto de Guanta, Venezuela.

The Panama Maritime Authority (AMP) repatriated the crew of the Panamanian flagged vessel “Pan Prosperity” with IMO No. 9125152, which was abandoned near the Port of Guanta, in the Bolivarian Republic of Venezuela.

The labor complaint by the crew of the “Pan Prosperity” was received by the Department of Maritime Labor Affairs of the Department of Seafarers on March 1, 2017. On initiation of the investigation, it was confirmed that on board the vessel were […]

UMIP forming future seamen

UMIP formando a los marinos del futuro

The Panama International Maritime University (UMIP) emerges because of the need of the country to have a catalyst that, in addition to providing training and development of skills, enhances the human element, promote research and the presentation of initiatives to strengthen Panama’s pre-eminence in all segments of the maritime industry.

It is a specialized university, created on December 1, 2005 under Law No 40, which was amended in 2012, by Law 81, which governs its […]

FCC wins contract to build storage terminal

FCC gana el contrato para construir la terminal

The consortium FCC and Felguera IHI have won the contract to construct the Vopak oil storage terminal in Bahía las Minas (province of Colón), on the Panamanian Atlantic coast.

The contract was awarded by Royal Vopak, one of the world’s leading providers of independent tank storage for the oil and chemical industry.

The new terminal will be located next to the Chevron terminal of 509,000 mbc (thousands of barrels of oil) in Panama. It will […]

Mercansa for all maritime needs

Founded in 1988, Mercantile Shipstores S.A. (Mercansa) has established itself as one of the leading companies for supplies, technical materials, marine hardware, safety articles, cables and mooring ropes, among other maritime needs for ships that transit the Panama Canal and call at Panamanian ports.

Mercansa is strategically located in the Colon Free Zone and in Panama City, for the rapid attention to ships in both oceans.

Focused on offering the best service to customers, Mercansa […]

Drewry Index registers value of $1,365/TEU as of March 30

El precio de envío de contenedores ha bajado.

Drewry’s World Container Index, which is based on container freight rates on the eight main routes to and from the United States, Europe and Asia, declined by 1.1% to $1,365.92 per the freight rate of a 40-foot container (FEU) as of March 30.

The composite index, despite losing 1%, is still 60% higher than the same period in 2016.

The annual average for the World Container Index during 2017 is $1,631/FEU, ie $100 less than […]