Check out this video showing how a Maersk Supply Service cable layer carried out the company’s first ‘engineered grounding’ to run a cable and bring offshore wind energy ashore, meaning a more cost-effective process and a better flow of power. “Actually doing it was very unusual,” says Captain Peter Grøn, Master of the Maersk Connector. […]
Before you invest and move to another country, investigate its financial strengths. Moody’s Investors Service has today affirmed the Government of Panama’s issuer rating and senior unsecured bonds at Baa2 and senior unsecured shelf at (P)Baa2. The outlook changed to positive from stable. Two key drivers underpin the positive outlook: 1) Moody’s expectation that the […]
A gay Panamanian lawyer who once lived in D.C. is leading efforts to extend marriage rights to same-sex couples in his country. Iván Chanis Barahona is working on behalf of a gay couple legally married in the U.K. who is seeking formal recognition of their marriage in Panama. He is also among the lawyers who […]
This is very disappointing news that Sun International may exit Panama. One of the key reasons they give is the challenge they have growing a business here with the severe restrictions being placed by local banks on receiving money, paying customers and banking cash. This is also affecting our real estate industry. South Africa’s Sun International […]
Panama is working to increase its economic partnerships with China, which it hopes will finance more energy and infrastructure projects, President Juan Carlos Varela said in a recent interview. Panama established diplomatic ties with China in June, following the Central American country’s break with longtime ally Taiwan. China is the second-largest user of the Panama […]
My friend Kent Davis in Panama City put this out. It is a great story and video about how one man in his life as a medical doctor gave it all up to be… as he is known now… Slomo! I will be there soon!!
Panama Canal’s Authority has set up an auction so operators of NeoPanamax containerships in particular can book a new daily slot towards the US East Coast. A competition will be held to book ‘Northbound’, or Pacific-Atlantic slots, for which a new slot will be made available every day for the period starting on December 1, 2017 and ending after the busy Christmas […]
Less than a year ago, Victor Jorge Salfran came to this city as an adviser to the literacy program, which the Ministry of Social Development of Panama has been running for ten years in conjunction with the Cuban Ministry of Education. Although this is not his first mission abroad, since he worked previously in the […]
If you spent the summers of your childhood climbing trees and building houses high in the branches, then this magical new retreat could be right up your alley. The design for these treehouses was modelled on a cocoa pod and they are planned for the Bocas del Toro archipelago in the west of Panama. […]
Authorities at the Panamanian airport announced that on October 30 and 31, the first three commercial premises of the new terminal, which is 75% complete, will be tendered. Of the first three spaces to be tendered in Terminal 2, two will be used for sales of chocolates and one for watches. The tender documents are already […]