Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

PSA Panama awards contracts for expansion

PSA Panama awards contracts for expansion
PSA Panama International Terminal, located on the Western bank of the Panama Canal Pacific entrance continues to push ahead with its $400m-expansion that will increase its handling capacity to 2m teu.

PSA Panama has awarded two major contracts for a total of $200m for the dredging alongside the future berths to 16.3 m draught, a scope of work of 4m cu m to Belgium-based Jan de Nul. The construction of 800 m of new quay wall was awarded to a Belgium-French joint venture between Jan de Nul-Sapiem.

PSA Panama will have a total berth length of 1,140 m, up from 340 m today. This is sufficient to handle two mega-vessels and one medium-sized vessel at the same time.

The works will take about 17 months and beginning of operations is scheduled for March 2017, said PSA head of Latin America Enno Koll.

In addition "we are awarding the order of eight new quay cranes with 24-row outreach next week,” said Koll.

“Everything is moving well. This new capacity will be ready to handle the expected increase in transhipment demand in the coming years. With our expansion, capacity on the Pacific side of Panama will be 7m teu,” he added.

In Latin America, PSA operates the PSA Panama International Terminal, is a partner in Exolgan Container Terminal in Argentina and is building in a JV with ICTSI the SPIA-Aguadulce terminal, in the bay of Buenaventura on the Colombian Pacific coast.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
TMSRPan21-22 Category Promo 600_600-resize
Read Now

The 21st Edition of Panama Maritime Review

"We will invest in digital transformation, exploring innovative ways in which we can maxinimise the Canal's capacity to provide value guarentee quality of service to our customers."

Ricaurte Vásquez Morales, Panama Canal Administrator

Read Panama Maritime Review 2021/22 to find out more.

TMSRPan21-22 Category Promo 600_600-resize