A ship carrying phosphate rock from Africa’s Western Sahara is on its way to Canada again after being released by authorities in Panama on the weekend. The ship, carrying ore to be used in an Alberta fertilizer plant owned by Agrium (AGU.TO 1.68%), was detained by court order last week in connection with a dispute over […]
Katie Llanos-Small reports in LatinFinance about Panama’s upcoming projects. The Central American sovereign advances financing for a new bridge over the canal, prepares to open bids for construction companies, Finance Minister Dulcidio De La Guardia tells LatinFinance in an interview. Panama will begin taking bids from construction companies in the coming weeks for a bridge […]
The International Maritime Organization has released a new visit explaining the significance of the Polar Code and its impact on shipping. The video is an incredible look inside the voyages to the last frontiers of Planet Earth. The Polar Code entered into force on 1 January 2017, setting out mandatory standards that cover the full range of […]
Manned operation of Yara’s zero-emission, soon-to-be-autonomous containership is planned to start manned operations in the latter half of 2018 before moving to full-autonomous operations in 2020. Image credit: Yara Birkeland Here is Adaq Minter writing in Bloomberg. It sounds like a ghost story: A huge cargo vessel sails up and down the Norwegian coast, silently going […]
After declaring the first tender process void, the Panamanian government is calling for a new tender for maintenance of the SUME 911 technology platform. After declaring void, on January 17 of this year, the tender for the “renewal and maintenance service of the technological platform for the unique 9-1-1 emergency management system for a period of 60 months” a new […]
More pets in Panamanian households translate into growth and diversification of the market for products and services for those members of the family. An article on Panamaamerica.com.pa reports that “… Having a pet as a member of the family is a growing trend in Panamanian homes, which has strengthened and diversified trade for companies that are dedicated to this […]
A warning has been given that changes in the climatic conditions during the next two months will encourage an increase of the presence of the fungus in all coffee locations in the country. From a statement issued by the Coffee Institute: According to experts from the Costa Rican Coffee Institute, ICAFE, the current variations in […]
Due to a delay in the approval of the environmental impact study, the Panamanian government has extended the term of the provisional license granted to Martano Inc. to build a thermoelectric plant in Isla Margarita, Colón. Martano Inc. presented the Environmental Impact Assessment (EIA) in December 2016 for the construction of a 423 MW combined cycle thermoelectric plant in the Puerto Pilón […]
Nestlé’s announcement that it will stop buying C-grade milk from producers from Veraguas reflects the growing loss of market share for local milk to imported products. Growth in imports of milk and its substitutes continues to take away market share from Panamanian milk producers. In the case of Nestlé Panama, the company reported that “imports of milk substitutes by […]
In a ceremony Friday, the group swore allegiance to the Spanish Constitution and the king, the local news website Telemetro reported. Spain passed a law passed two years ago that allows the conferring of citizenship on those who prove to be descendants of Jews expelled from the country in 1492. The ceremony “is an act […]