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Panama Ports Company News

05 Nov 2019

Maritime History & the Panama Canal

Grace Lines COLOMBIA transit of Panama Canal. Source: U.S.Merchant Marine Academy Maritime Museum.

The Panama Canal is a strategic crossroads for maritime traffic, and is arguably one of the most important maritime developments in the past century. Here we take a deeper dive into the history behind that famous strip of waterway.The present canal, which saw its first vessel transits in 1914, along with possible alternatives through Nicaragua and Mexico, had actually been on the minds of merchants, explorers and military/political strategists since the Age of Exploration in early 1500’s.

29 Feb 2016

Terex STS Cranes for Tanzanian HPH Terminal

Terex Port Solutions (TPS) has received an order to supply two Terex ship-to-shore cranes (STS) to Tanzania International Container Terminal Services (TICTS), a member of Hutchison Port Holdings Limited (HPH), a leading port investor, developer and operator. The double-box boom structure STS will be manufactured at TPS’ site in Xiamen, PR China, and the machines are due to be commissioned by the end of 2016. New STS will help TICTS to increase handling rates further TICTS, situated in the capital Dar es Salaam, is Tanzania’s largest container terminal. As TICTS is the major logistics gateway to Eastern, Central and Southern Africa, it must meet the challenge of constantly increasing handling rates.

22 May 2012

Cargo X-ray Machine Tax in Panama Ports Controversial

The National Customs Authority (ANA) is keeping on the table its proposal to establish a fee for the use of X-ray equipment for cargo. But it has not yet defined the amount of the fee, says a 'The Bulletin Panam' report. Since early this year the ANA, in conjunction with the Panama Chamber of Shipping (CMP) have been meeting to discuss the proposal of charging for this service, but the chamber’s position has always been that this is a national security issue and should be absorbed by the state. In the recent past, Maersk Line made a statement on the Government’s intention to establish this charge, pointing out that such a charge would diminish competition in Panama at a time when many ports in the region are investing heavily to position themselves as transshipment “hubs” before 2014.

11 Nov 2003

Outlook for All-Water Services to be Discussed at Conference

annual TOC Americas conference. all-water services via the Canal to the US East Coast. network. services into the US East Coast. Panama Canal Authority on the latest status of plans to widen the Canal. and prospective hubs in the Caribbean. port community. Canal. network of container terminals. Americas conference. Principal Sponsor of TOC2003 Americas. trade routes. customers through Electronic Data Interchange (EDI) links. American Trade'. lines, importers and exporters. the latest products and services that the industry has to offer. Technology.

31 May 2007

Boskalis Extends Container Port at Panama Canal Entrance

Boskalis extends container port at Panama Canal entrance Dredging company Royal Boskalis Westminster has won a contract for the extension of the container port of Balboa, Panama, at the Pacific mouth of the Panama Canal. The work is expected to be completed in 15 months. The contract is worth approximately $67.1m. The project will be executed for Panama Ports Company S.A., a member of the Hutchison Port Holding Group of Hong Kong. The work includes the construction of additional port area, a retaining rock dike and a link structure to the existing berths 16 and 17. Boskalis will deploy its American trailing suction hopper Stuyvesant, a large backhoe and a few transport barges for this job. The civil works will be executed by the Panamanian partner Intercoastal Marine Inc.

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