new port

CMP: The State must join forces Port of Corozal requires final push

Panamá esta lista para un nuevo puerto

Por Franklin Castrellón

Following the absence of proposals by the four global port operators that had prequalified to develop and operate the port of Corozal on the Pacific side of the Canal, the Panama Chamber of Shipping (CMP) called on the Canal Authority, the Judicial Branch and the Legislative Branch to resolve the problems that prevented the submission of proposals and to promote the implementation of that project.

CMP President, Rommel Troetsch, believes that there […]

ACP analyzes building port in Corozal

The Panama Canal Authority (ACP) is considering building a new port under administrative concession at Corozal, in the area of Balboa.

If the board of the ACP approves the project, it is estimated that the tender process could be held in October.

Jorge Luis Quijano, Administrator of the ACP, said in an article on that “it would be a full concession, where the holder would make the investment, or it would be a concession […]

A port in Corozal is a necessity

Estudios apoyan su desarrollo

The development of a new port for post panamax vessels on the Pacific side of the Canal should be done in the short term via concession to a different international ports operator than Hutchison Port Holdings (HPH).

This is the consensus of sources of the local maritime industry contacted by The Bulletin. HPH operates the port of Balboa through its subsidiary, Panama Ports Co. (PPC).

The issue has been debated for several […]

Opportunities for businesses thanks to the canal widening

The Panama Canal will open its third set of locks in about June 2015, and entrepreneurs are looking for business opportunities.

The Board of the Chamber of Commerce and Industry of Panama last week invited the Panama Canal Administrator, Jorge Luis Quijano, to talk about the advances in the widening of the waterway and the markets that will be opened to Panamanian investors.

Quijano said that one of the most interesting projects is a new […]