Nicolás Ardito Barletta

Panama Canal tonnage could reach 521 million

The Panama Canal could achieve a movement of 521 million tons in 2025, representing growth of 62% in 12 years or so, according to projections by the Panama Canal Authority.

“It’s not easy to make these projections because the expansion of the Canal and post-Panamax vessels will create many things that are still difficult to predict,” said the economist Nicolas Ardito Barletta at the Latin American Business Forum.

According to expert views, [...]

Barletta: 2013 should be a good year for logistics development

Nicolás Ardito Barletta.

Panama is one of the rising stars of Latin America’s economy. The construction of large infrastructure projects, such as the $5.2 billion Panama Canal expansion and a $1.8 billion subway in the capital city, have boosted the country’s economy to 10.5% growth and reduced unemployment to 4.8% in 2012. It seems that the real challenge for Panama will be to position itself as a world-class logistics hub if it wants to consolidate its recent economic [...]

Week in Review

CANAL VIEWS COROZAL The proposal to build a new container port in the Corozal area will be elevated to the Board of the Panama Canal Authority in the coming months, said the administrator, Jorge Luis Quijano, at a forum “Panama 2013 Capital Projects & Infrastructure”. The Corozal port would be the third on the Pacific side of the Canal. The two existing ports are run by Panama Ports Company and the Singapore Port Authority.

PPC [...]