The waterway begins to accommodate vessels up to 370.33 meters in maximum length overall and announces a 15.24-meter (50-foot) draft ahead of the expansion’s fifth anniversary Ahead of the fifth anniversary of its expansion, the Panama Canal has increased the maximum allowable length for vessels transiting the Neopanamax Locks. Since May 21, the maximum length […]
Some 460,051 metric tonnes (mt) of marine fuel were sold in Panama last month, an increase of 18.9% on the 386,955 mt registered in May 2020. According to figures released by the Panama Maritime Authority, last month’s total – the highest monthly total since January 2020 – was also 14.3% up on the 402,343 mt […]
The Panama Canal Authority announced April 26 it has launched a process of decarbonizing its operations, with the goal of becoming carbon-neutral by 2030. “We at the Panama Canal are committed to sustainability, and therefore are laying the foundation, creating the tools and identifying the changes needed to achieve efficiencies that will allow us as […]
Cuban man goes into Walmart for the first time. Get Vaccinated and stay safe!!
When 14-year-old Dayana García still lived in Venezuela, she and her friends would turn their afterschool homework sessions into impromptu dance parties, their fancy footwork breaking up the monotony of the reading, writing and maths exercises. But when insecurity and widespread food and medicine shortages forced Dayana’s family to flee Venezuela in 2018, she thought […]
Between the first four-month period of 2020 and the same period of 2021, vehicle sales in the local market increased by 20%, a rise that is largely explained by the behavior of marketed units of cars and SUVs. The Office of the General Comptroller of the Republic reported that between April 2020 and the same month of […]
Most questions at a public forum as part of environmental permitting for Generadora Gatún’s US$1bn, 670MW natural gas-fired power project in Panama dealt with employment. That is according to the report from the meeting (pictured) that was drafted by consultancy URS Holdings and released by the environment ministry. A total of 167 participants signed the attendance list for the forum which […]
Panama, June 16 (Prensa Latina) Investigation led by Costa Rican justice against Building Company Meco SA, could also be related to Panama, whose authorities look into alleged company´s financial crimes, local press reported here today. Panama´s Financial Affairs Unit (FAU) belonging to the President´s Ministry, is looking for possible funds being transferred from San […]
In order to assess risks, verify regulation and other issues, the Central American Bank for Economic Integration will provide the Salvadoran government with advice on the implementation of the new cryptocurrency scheme, called Bitcoin. On June 8, the Legislative Assembly of El Salvador approved the Bitcoin Law, a legal framework that recognizes this digital currency […]
Next month, Panamanian congressman Gabriel Silva plans to present a bill that could potentially spearhead the adoption of cryptocurrencies as legal tender and create tax incentives for crypto-related businesses. After El Salvador’s president, Nayib Bukele, announced he was proposing a law to make bitcoin legal tender, Silva tweeted on June 7 that if Panama wanted to become […]