FreightWaves has reported on how the expanded Panama Canal, which can now accommodate larger ships in greater numbers, has altered trade flows on the North American continent. The expansion, completed on June 26, 2016, doubled the capacity of the Panama Canal. East Coast ports invested billions of dollars dredging their harbors so larger vessels could […]
Orla Mining (TSXV:OLA) has reported that drilling in the Caballito copper-gold zone at its Cerro Quema project in Panama has intersected copper and gold values in holes drilled in the eastern part of the zone, including hole CQDH18-169 that intersected 134.0 metres averaging 0.62 percent copper and 0.14 gram per tonne (g/t) gold. As quoted […]
In its fifth edition, the Latin Auto Parts Expo has proven to be the strategic venue for the auto parts industry in Latin America, according to event organizers. More than 300 international manufacturers and distributors of auto parts exhibited their products July 25-27 at the ATLAPA Convention Center in Panama. More than 2,500 qualified buyers […]
German shipbuilder Meyer Werft has floated out the world’s first LNG-powered cruise ship from its covered construction dock in Papenburg. The float-out of AIDAnova took place Tuesday evening from the shipbuilder’s 504-meter building dock II. The vessel was then berthed at the outfitting pier, where its mast and funnel cladding will be fitted. AIDAnova is scheduled […]
A new Humanitarian Hub in Panama will help provide lifesaving support to vulnerable communities in emergency situations throughout the region. From hurricanes and earthquakes to volcanic eruptions and flooding, countries throughout Latin America and the Caribbean are regularly exposed to natural disasters. The region, which naturally sits on territory prone to such events, is also […]
A $1.15bn facility comprising a 381 MW combined-cycle power plant and the first liquified natural gas terminal in Central America have been inaugurated in Panama by AES Corporation. The AES Colón plant and terminal are expected to begin commercial operations on September 1 and are intended to help wean Central America and the Caribbean off […]
The Panamanian government signed a Memorandum of Understanding (MoU) with US officials to increase energy cooperation, including on renewables. In addition to renewables, the sectors to be promoted by both nations are energy efficiency, energy storage, distribution, transmission, as well as investment in infrastructure, the local government stated on Friday. According to Panama’s Secretary of […]
Since its inauguration on August 15, 1914, the Panama Canal has revolutionized maritime traffic. More than a million ships have crossed the waterway, connecting markets from all corners of the globe. The Panama Canal connects 144 maritime routes, reaching 1,700 ports in 160 countries. The first cargo ship to pass the canal was the U.S. […]
China and Panama began talks over a free trade pact in July, only one year after the two nations established diplomatic relations. The first round of negotiations took place in Panama City where the two sides exchanged ideas about topics related to the pact and the talks progressed well. The second round of talks is […]
Patrick Clarke writes about Panama in Travel Pulse. Panama is loaded with opportunities for adventure, from big wave surfing in Venao to watching sea turtles in Isla Canas. The Central American destination is unique in that it allows visitors to experience not one but two different oceans, along with breathtaking mountains, rainforests, an array of […]