It is a shame that the new canal opening is happening during an El Nino drought that will affect draft restriction for the new larger ships that pass through the canal. The Panama Canal Authority has published the initial draft restrictions for neopanamax vessels ahead of next month’s opening of the expanded Panama Canal at […]

I am getting giddy waiting for the gates to open and the huge ships cross through the new locks structure and into the New Panama Canal.  Here is a great story and video with Myra Rodriguez. AT THE PANAMA CANAL – At the narrowest section of the Americas, a herculean process is underway to connect […]

An environmental impact study has been presented for the construction of an industrial park with 6 commercial premises and 82 warehouses in Tocumen, Panama province.  The Environmental Impact Assessment (EIA) submitted to the Ministry of Environment in March 2016 by INMUEBLES Y CONSTRUCCIONES DEL ISTMO, S.A. indicates that the development will be called “Parque Industrial […]

Every fisherman who fishes the waters of Goflo de Chiriqui knows this view very well.  By the way, the Tuna bite is so strong that people quit fishing for Tuna by 11 am and reports of 10 to 20 fish are common every day now. Here in this video, the Mad Fisherman travels to Panama […]

Although the government has not yet reached an agreement with indigenous groups who are opposed to the dam, they have announced that the reservoir will be temporarily filled in order to carry out tests. From a statement issued by the National Public Services Authority: The filling up of the reservoir is temporary and for testing […]

The construction of the energy generation plant using natural gas by AES Colon will be financed with a syndicated loan from the CABEI, Banistmo, Bancolombia and other banks. Those involved in the syndicated loan are Banistmo, Bancolombia, the Central American Economic Integration Banco General and Global Bank, reports Capital.com.pa. The plant, which will have the […]

Marisa Taylor for McClatchy DC reports on yet another tidbit uncovered by the leak from the  Mossack Fonseca Papers. As Russian software company Luxoft prepared to offer shares on the U.S. stock market, its executives turned to a well-known U.S. diplomat. Thomas Pickering, a former U.S. ambassador to Russia who also served as undersecretary of […]

If you thought that wealth management was just some shady undercover operations that only crooks and thieves used by hiding behind offshore corporations, I suggest that you buy the book “The Heavens” and see just how big the business really is.  Private Family Office firms and the like have existed since time immemorial and will […]

Natasha Ghoneim at AlJazeera reports on her research of the recent canal expansion. Great article and great pictures. When I first started researching the Panama Canal expansion, I never thought I would mention the preservation of the surrounding rainforest and discovery of 21-million-year-old fossils in the same sentence. But I have since learned that they […]

This was sent to me by a good friend and I really did not know what to think or as my wife said, WOW…….not sure if I’m excited or scared…….    Your kids should read this and understand what will change in the very near future, like 10 years or less. So they should keep their […]