Panama detected multi-million dollar breaches by the Chinese company that operates two key ports at the entrances to the Canal.


News from Panama

The Comptroller General of Panama, Anel Flores, said on Monday that the audit carried out on the company Panama Ports Company (PPC), a subsidiary of the Hong Kong multinational CK Hutchison, revealed multiple contractual breaches, a million-dollar debt with the Panamanian State and legal irregularities in the automatic renewal of its concession to operate two key ports at the entrances […]

April 11, 2025

Panama-San Miguelito cable car: consortiums pre-qualified


News from Panama

The cable car project of the districts of Panama and San Miguelito, an initiative that seeks to improve mobility and connectivity in the city, is advancing towards its bidding phase. The Evaluation Commission, appointed by Metro de Panamá, S.A. through Resolution No. MPSA-95-2025 of March 6, 2025, concluded the review of the pre-qualification proposals, thus […]

April 11, 2025

Canada credit agency interested in infrastructure projects in Panama


News from Panama

Representatives of Canada’s public export credit agency, Export Development Canada (EDC), expressed interest in participating in infrastructure projects in Panama, with the aim of strengthening bilateral relations and fostering the country’s economic development. In this context, a Canadian delegation visited the headquarters of the Ministry of Foreign Affairs, where it met with the Deputy Minister […]

April 4, 2025

Denmark’s Maersk buys Panama Canal Railway Company


News from Panama

Canadian Pacific Kansas City (CP.TO), opens new tab said on Wednesday it and U.S.-based Lanco Group have sold the Panama Canal Railway Company to a unit of Denmark’s Maersk (MAERSKb.CO), opens new tab, one of the world’s largest container shipping groups. The Canadian railway company did not disclose terms of the deal, but added the deal would help […]

April 4, 2025

Martinelli will remain in Panama, Nicaragua does not respond to his transfer


News from Panama

The Ministry of Foreign Affairs reported on Friday, April 4, that it has not had a response from the Nicaraguan authorities so that former President Ricardo Martinelli can move to this country. Given this situation, no extension was granted to the safe conduct and the former president will remain in asylum in the Nicaraguan embassy in Panama. “As a result of the lack of response, […]

April 4, 2025