Venezuela-flagged general cargo ship Alita sank off Colon, Panama, while awaiting scrapping at anchorage off Colon, Panama, after colliding with another vessel.
Evergreen Group’s Colon Container Terminal (CCT) located on the Atlantic side of the Panama Canal held a ceremony to mark the completion of its newly built berth number 4 that will increase the terminal capacity to 2.4m teu, up from the present 1...
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.
The Panama Canal Authority has closed fiscal year 2015 with a record tonnage of 340.8m PC/UMS tonnes (Panama Canal Universal System Tonnage), which an increase of 4.3% compared to 326.4m tonnes in fiscal year 2014.
Jorge Quijano, ceo and administrator of the Panama Canal, says it will be able to accommodate 97% of the world’s container fleet when the expanded canal opens next year.
Panama was accepted as Cooperating Member of the Memorandum of Tokyo (Tokyo MOU) during the 26th session of the Monitoring Committee of the Rector of Port Memorandum, held in the city of Putrajaya, Malaysia.
Manzanillo International Terminal-Panama (MIT) received four new ZPMC super post-panamax gantry cranes as part of its $270m expansion plan that will increase handling capacity to 4m teu.
Panama and South Africa, through the Panama Maritime Authority (AMP) and the Ministry of Transport, have signed a co-operation agreement in the fields of maritime transportation.
With Greek shipowners facing the closure of the countries banks until 7 July as the country's debt problems reach crisis point Panama has extended the payment peirod for its shipowners.