A total of 56 companies were sworn in as new members of the Panama Chamber of Commerce, Industries and Agriculture (CCIAP).
San Antonio, Chile, has again made national and Latin American port news. This time it is because the company Puerto Central, one of the operators in San Antonio, finally began to function. It marks a milestone in the history of San Antonio, and Puerto Central is now consolidated in the port market on this side of the planet. “With the start of operations, the port of San Antonio has become the most important of Chile [...]
No later than October this year the construction and equipping will begin on the container terminal in Puerto Cortes, Honduras, executives of the Philippine company International Container Terminal Services (ICTSI) have stated. “We look forward to results shortly, according to the schedule of activities of operation and construction of what has to be done to improve infrastructure from October this year,” said Juan Carlos Garrido, director of Business Development for the Americas of ICTSI. The [...]
FISHING PLUMMETS The fisheries sector accounted for only 0.8% of gross domestic product of Panama in 2012 because fishing yields have plummeted since 2009, mainly due to climate change and high costs. The situation concerns both private organizations and the government itself, as sustainable fisheries and aquaculture play a crucial role in food security and account for 17% of the protein consumed by the world population, according to a report presented by FAO on the [...]
Denmark’s Maersk Line, the world’s largest container carrier, will stop routing ships from East Asia to the US East Coast ports of Savannah, Charleston and Miami through the Panama Canal in April. From then on, the ships will travel through the Suez Canal. The new plan will use eleven 6,000-7,000 TEU ships that have been idle as a result of the closing of Maersk’s AE-9 Asia-Europe loop. This new Maersk service will replace the existing [...]
Victoria Hotel & Suites is a new hotel located in Calle D El Cangrejo, Bella Vista, in the commercial heart of Panama City, very close to the banking center, restaurants and good shopping areas. The International Tocumen Airport is only 20 minutes away through the South Corridor expressway. The hotel is equipped with the latest technologies, comfortable ample rooms and suites that measure from 33 sqm. to 66 sqm. The windows have an innovative thermal [...]
Ship engineers and crews now have a unique online tool to guide them in the complicated business of lubricating the machinery on their vessels. Castrol Marine, a producer of marine lubricants worldwide, has launched “Virtual Vessel” to deliver essential Castrol product and service information for three vessel models in English. “Virtual Vessel” can be accessed online around the world and does not require login or sign up. “Virtual Vessel” can be accessed through the Castrol [...]