Patrick Burnson, Executive Editor of SupplyChain discusses the continued impact of the expanded Panama Canal. The impact of the expanded Panama Canal was also apparent in many other ports along the U.S. East Coast, which were able to welcome the larger Neopanamax ships from the Canal and saw increased growth. Following the close of its […]
A total of 13,548 vessels passed through the canal during the fiscal year, representing a 3.3 percent increase from the year before. The fact that larger Neopanamax vessels now can transit the canal made the 22 percent growth in tonnage possible. The Panama Canal Authority announced a record amount of cargo moved through the expanded […]
A tool launched by the Panama Canal Authority will offer shippers an assessment of their carbon emissions by ranking those who have reduced the most emissions by transiting the Panama Canal versus alternate routes. The authority said that it had developed the Emissions Calculator as a measure to reduce carbon footprints by using technology already aboard […]
Former director of the Ukrainian State Agency for Investment and National Projects Vladyslav Kaskiv has been extradited from Panama to Ukraine, Prosecutor General Yuriy Lutsenko has said. “Currently, Kaskiv has been taken to the Main Investigation Department of the Prosecutor General’s Office. Investigative actions are underway,” Lutsenko wrote on his Facebook page. The Prosecutor General […]
This is a great quote. The people of Panama do not want our country turning into another Mexico!! The union of Panamanian businessmen indicates that a great deal of uncertainty has been caused due to the handling of high-profile investigations and judicial processes such as that of Odebrecht. From a statement issued by the […]
Susie and I are ready for this new venue!! Sir Richard Branson’s new cruise line, Virgin Voyages, has provided the first look at the design of three new cruise ships it is building at Fincantieri in Italy. The keel laying ceremony of the first ship for Virgin Voyages was held Tuesday in Sestri Ponente (Genoa), […]
Find out in which country of the region it is easiest to obtain a construction permit, where the least taxes are paid, where a creditor is more likely to recover a debt, and where minority investors are most protected. The World Bank has presented its Doing Business 2018 report, which measures regulations that favor or […]
The new regulation for the transport technology platform establishes that the service can be provided exclusively in the provinces of Panama Oeste, Panamá, Colón and Coclé. From a statement issued by the Presidency of Panama: Drivers working with transportation technology platforms must be over 21 years of age and have a Type E1 license, issued […]
In the first nine months of the year, the value of construction permits, additions and repairs totaled $1.64 billion, 18% more than in the same period in 2016. The most recent figures from the Comptroller General’s Office show that the value of new construction, additions and repairs reported between January and September exceeded $1.6 billion, 28% […]
Daniel Grossman reports on the ongoing controversy of dam building in Panama. Scientists agree that global warming is heating up the planet. They also say that one solution to cutting carbon is to use energy more efficiently, and wherever possible to replace fossil fuels with renewable energy. But low-carbon energy can sometimes create its […]