1,000 Vessels Through the Expanded Panama Canal


News from Panama

Mike Schuler reports in gCaptain about the 1000th transit of a huge Neopanamax MSC Anzu that  transited the expanded Panama Canal and the other milestones.  Great read! The Panama Canal has marked the 1000th Neopanamax vessel to use the waterway since the inauguration of the Expanded Canal less than nine months ago. On Sunday, March 19, Mediterranean Shipping Company’s […]

March 21, 2017

ABS Issues Approval in Principle for LNG-Fueled Bulker Design


News from Panama

International classification society ABS has granted Approval in Principle (AIP) for the Seatransporter-DF, a dual-fuel design concept vessel developed by Algoship Designers Ltd. of Nassau, Bahamas. The design has the capability to accommodate multiple engine types as well as Type-C or membrane containment systems for LNG fuel. Algoship worked with CleanShips LLC, based in Stamford, […]

March 14, 2017

Residential Project for $12 million in Panama


News from Panama

Nice project, one day I will do this. An Environmental Impact Study has been presented to build, in the district of Panama, a horizontal residential complex with 363 housing units in an area of 11  hectares. According to the identification system “Construction Projects in Central America”, complied by the Business Intelligence Unit at CentralAmericaData, the Environmental Impact […]

March 14, 2017

What would it take to permit the Panama Canal in 2017?


News from Panama

MURRAY WALSH writes in Must Read Alaska about what it might take today to permit the Panama Canal. was with 49 Alaska Republicans transiting the Panama Canal in February aboard the 780-foot M/S Rotterdam. We enjoyed many great events together and at one dinner, a fellow diner who I knew was in the government-authorization-seeking business, asked a question: What […]

March 14, 2017

Panama: Tax Exemptions for Forestry


News from Panama

The bill presented by the government includes exemption from income tax and property taxes and for transfers of companies engaged in reforestation activities. From a statement issued by from the National Assembly: Environment Minister, Mirei Endara, presented on Wednesday, to the plenary of the National Assembly, a draft law establishing an incentive program to restore […]

March 14, 2017

Five myths about prices that destroy businesses


News from Panama

Believing that you can only sell more by having the lowest price or offering the best discounts is one of the myths about pricing that can cause companies to fail. Some practices used in setting prices which are still considered the most suitable by some, are actually are harmful to long-term management of the company. […]

March 14, 2017

Trump’s Panama Problem


News from Panama

Ricardo Martinelli, the ex-president of Panama facing extradition on corruption charges, helped him launch his first international property. Fast Company posted this article written by Anna Lenzer It was a big moment for Donald Trump. On July 6, 2011, the future president was beaming as he celebrated the opening of his first international real-estate deal, […]

March 14, 2017

US Border Mistake Could See Over 200,000 Acres Returned to Mexico


News from Panama

Oooops!! A mistake in the border lines between Mexico and the United States could see over 200 thousand acres returned to Mexico. Chihuahua Senator Patricio Martínez García said 214,381 acres considered US territory since the 19th century actually belongs to Mexico. So far, there has been no proposal that will lead the United States to address the territorial error, […]

March 14, 2017