A ‘Q-Flex’ LNG tanker, the world’s second-largest class of liquefied natural gas carriers, is set to pass through the Panama Canal for the first time, the canal’s CEO said, expanding the Americas to Asia trade route for the fast-growing commodity. A floating gate opens as a Panama flagged crane ship named Oceanus navigates through Cocoli […]
Arguing that the country has a diversified economy which has contributed to sustained GDP growth, Standard and Poor´s raised the rating from BBB to BBB+, with a stable outlook. Economic diversification has also allowed per capita income to double in the last decade, one of Standard and Poor’s arguments for raising the rating. You may […]
Roxanne Rowley writes of her recent vacation to Panama. Our vacation to Panama was full of amazing experiences. It is a wonderfully diverse country, not only population-wise, but also featuring varied flora and fauna. Every day was a new adventure. Panama connects North and South America. It is about the size of South Carolina and […]
From his office on the jungled banks of the Panama Canal, the leader and Secretary General of the tugboat captain’s union is a short, muscular, bald man in his early forties. “We keep running into the same trouble,” says Iván de la Guardia. “Fatigue, from the excessive work hours we have been forced to work. […]
On 26 June 2016, the new larger locks were opened in the Panama Canal. These new locks not only doubled the capacity of the canal but also raised the maximum ship size from 110 ft. wide, 1,050 ft. long, and 41.2 ft. deep to 180 ft. wide, 1,400 ft. long, and 60 ft. deep. According […]
Since the Panama Canal’s larger ‘Neopanamax’ locks debuted in June 2016, the spotlight has shone on container ships and carriers of liquefied natural gas and liquefied petroleum gas. There has been relatively little focus on dry bulk, even though it remains the canal’s highest-volume cargo type by far. The Neopanamax locks, which recently celebrated their […]
The Central American country, which is best known for its canal, its stout-but-slowing economy and tax-sheltering ways, holds a general election. The United States will be happy to see a new Panamanian government that is less welcoming to China, its arch-rival, but might be out of luck. Seven candidates – four affiliated with political parties […]
Higher tariff rates will definitely have some negative impact on exports to Panama, but the pork demand is expected to weather the rate increase fairly well. U.S. pork exports to Panama are off to such a red-hot start in 2019 that a safeguard measure has been triggered. Due to export volume already exceeding 130% of […]
As part of the strategy of international promotion, the Panama Tourism Authority (ATP), in alliance with travAlliancemedia, launched today a digital training “Panama Specialist” program, aimed for agents of the United States and Canada who are ready to gain the confidence and become experts in selling the Panama brand. Enrique Sánchez, Marketing Director for the […]
The protection of personal data is considered a fundamental right of the human being and his dignity. This right protected by article 29 of the Politic Constitution of the Republic of Panama. Also, the American Convention on Human Rights-ratified by Panama-establishes in Article 11 the protection of fundamental rights as follows: “Everyone has the right […]