In recent months CAPA has reported widely on airport concession schemes and how the search for them is gaining strength in Latin America, where notable ones are already to be found in Argentina, Brazil and Mexico, while countries like Uruguay and Ecuador are trying to introduce them. The latest country to join them is Panama, an isthmus in Central America between Costa Rica and Colombia best known for its transoceanic canal, […]
The Panama Canal Authority is monitoring for high arrivals of LNG ships during the early part of July following a surge in transits during the final week of June. From June 25-29, 11 LNG vessels arrived with reservations and three without. One of those without a reservation won an auction slot to transit July […]
Panama’s president, Laurentino Cortizo, announced on Thursday a US$12 billion public investment plan to boost the recovery of the economy, hard hit by the pandemic, in a speech in which he declared himself “optimistic” about the future of the country and which was delivered on the second anniversary of his government. The plan includes projects […]
Wingo Airlines successfully started the operation of its new route between San José and Panama this past June 25th. Aboard the company’s Boeing 737-800 NG that landed around 9:44 a.m. In the morning at the Juan Santamaría International Airport, the first travelers arrived who enjoyed this new flight; which will initially operate twice a week, on Mondays and Fridays. […]
Premium cruise brands are quickly putting together a quick restart, launching service again not only in Europe and Asia but also the Caribbean and the United States. Here’s the latest: Holland America Line First sailing: July 24, 2021 Ships: Nieuw Amsterdam, Eurodam, Zuiderdam, Koningsdam, Rotterdam and Nieuw Statendam Regions: Alaska, Mediterranean, Mexico, Caribbean, Hawaii, Panama Canal and California […]
The Panama Canal faces a creeping threat from climate change, including droughts so intense that ships sometimes reduce their cargo so as not to run aground, and giant storms that almost overwhelm its dams and locks, canal officials say. The canal hasn’t had a major disruption like the one suffered by the Suez Canal in […]
The Panama Canal, which connects more than 140 maritime routes and 1,700 ports in 160 countries, contributed US$1.8 billion to the treasury in 2020, another record figure since the inauguration of the expansion. The expansion of the Panama Canal celebrated five years of operations this Saturday, since the new locks that allow the passage of […]
Panama remains on the gray list of the Financial Action Task Force (FATF), which identifies countries with deficiencies in their regimes for the prevention of money laundering and terrorist financing. The update came on Friday, June 25, at the end of the second annual plenary meeting of the international organization. When Panama entered the sanctioning […]
The Panama Maritime Authority extended for a 25-year term and in favor of the Panama Ports Company, the contract for the development, construction, operation, administration and management of container terminals. The Board of Directors of the Panama Maritime Authority declared itself in permanent session as of May 27, 2021, for the purpose of analyzing compliance with Contract Law […]
The sleepy seaside town of Puerto Armueles will be waking up soon. Panama’s Maritime Authority tenders the study, design, development and approval of plans and construction of the new fiscal dock of Puerto Armuelles, to be located in the district of Baru in the province of Chiriqui. Panama Government Purchase 2021-2-03-0-04-LV-008417: “The project includes the development […]