November

AMP personnel train on piracy

Intelligence services, vessel monitoring and regulations were subjects in the training of technical personnel of the Panama Maritime Authority on piracy Issues on October 23 in order to strengthen the knowledge and to comply with international conventions on safe navigation, protection of seafarers’ lives and avoid pollution of the seas. The course was held on “The Impact of Piracy Worldwide and Mitigation Measures.”

The International Maritime Organization (IMO), is concerned about acts of piracy of […]

Construction starts on Amador Cruise Port

Una de las propuestas para el terminal de cruceros de Amador.

The movement of the first shovel of earth in the construction area, work began on the Amador Cruise Terminal.

This is an initiative promoted by the national government through the Panama Maritime Authority (AMP) marking the beginning of a new phase that will impact favorably on the maritime industry and will promote the diversification of the national tourism sector with the arrival of more cruise ships to the Amador area.

The future Amador cruise terminal […]

Panama Canal sets a tonnage record

Canal de Panamá establece récord de tonelaje

Following the close of its 2017 fiscal year (FY17) the Panama Canal announced that the waterway shipped a record 403.8 million Panama Canal tons (PC/UMS) of cargo in FY17, the largest amount of annual tonnage ever transited in its 103-year history.

The 22.2 percent increase from the previous year can be directly attributed to the added capacity provided by the expanded Canal.

According to figures, the Panama Canal transited a total of 13,548 vessels during […]

Suez Canal reduces up to 65% of its tolls

Agua Clara locks.

The Suez Canal Authority recently announced a 65% reduction of the ships tolls as a strategy to attract a more clients. This initiative appears to step the commercial battle it has with the Expanded Canal of Panama up a notch

According to the Panamanian daily “La Prensa”, together with the price reduction, the Suez administration began negotiations with shipping companies to propose a series of discounts if they pay tolls in advance.

Although both waterways […]

Shipping industry supports Corozal

Ubicación planeada para el Puerto de Corozal

By Franklin Castrellón

“The arguments against the development of the Port of Corozal by the Panama Canal Authority (ACP) that Panama Ports Co. (PPC), the company that operates the ports of Balboa and Cristobal, lawyers and citizens who identify themselves as “residents” of the Diablo, have brandished, do not have enough valid arguments before the reality that the terminal is an essential piece in the transformation of Panama into a regional logistics hub and the […]

A productive trip to Europe for the AMP

Calzada Amador.

The Government of Panama is expecting that 665 new vessels, currently in construction, will register in the national shipping registry, said the Panama Maritime Authority (AMP) administrator, Jorge Barakat, after making an assessment of his October tour through Europe.

The administrator explained that in addition to that figure, the Mediterranean Shipping Company (MSC) vessels should be added, after an agreement was made in Geneva, Switzerland, with MSC president, Gianluigi Aponte, its CEO, Diego Aponte and […]

Restrictions on cargo transport in Guatemala

Los camiones sólo podrán transitar a ciertas horas.

Cross-docking by companies in certain dispatch centers could be an alternative to the problems arising from the restriction on circulation of cargo transport at certain times which was recently imposed by the Guatemala Municipality, according to the “Prensa Libre”.

Jorge Nadalini, an expert in logistics and transport, said that a direct impact will be the reduction of delivery availability, reception, distribution, warehousing and dispatch times, which will represent additional costs which many companies do not […]