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Panama Canal expansion fuels Miami growth

Mark Scheinbaum writes in Newsroom Panama about the impact felt in Miami of the trade increase due to the Panama Canal Expansion,  I quote” from 2011 to the start of 2017, Miami has gone from number 29 in the world to 6th in the world in relocation of international wealth, and in international cargo rankings during […]

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Panama: Drop in Vehicle Sales

In the first two months of the year 8,768 new vehicles were registered, which is 12% less than in the same period in 2016. Total sales of new vehicles in Panama in the first two months of this year fell by 12% compared with the same period last year, going from 9,992 to 8,768 units, according to […]

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Panama: Slight Improvement in Bunkering Trade

In 2016 28.8 million barrels of fuel were sold to ships, which is 3.1 million barrels more than in the previous year. Figures from the Panama Maritime Authority indicate that most of the bunker fuel was marketed in the Pacific, with 23.8 million barrels, while the remaining 4.9 million barrels were shipped across the Atlantic. Prensa.com reports that “…The variation […]

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Panama Metro Master Plan Awarded

The consortium made up of two Japanese companies and one French company will develop the pre-feasibility study for the new metro master network, with emphasis on lines 4 and 5. The consortium, called Nippon Koei Lac-Sytra, is made up of the Japanese companies Nippon Koei Co. Ltd and Nippon Koei LAC Inc, and the French company […]

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