Panama modifies incentives for homeporting cruise ships


News from Panama

Panama made modifications to the reimbursement plan for Panama Canal transits by cruise lines that establish homeport operations in the country, These incentives were announced by the Panama Tourism Authority in June 2019. Panama made modifications to the reimbursement plan for Panama Canal transits by cruise lines that establish homeport operations in the country, These […]

February 17, 2020

Mexicans Acquire Hydroelectric Power Plants in Panama


News from Panama

Grupo Carso announced the acquisition of the total shares of Ideal Panama, a company operating two hydroelectric plants with a combined capacity of 145 MW. The amount of the transaction was $152.6 million, according to a relevant announcement published by the Mexican Stock Exchange. The announcement states that “… Grupo Carso S.A.B. de C.V. informs […]

February 17, 2020

How the Panama Canal Makes Water Flow Uphill


News from Panama

In the heated jungles of Central America in the early 1900s, thousands of workers toiled in the rain and mud trying to cleave Panama in half in order to join the Pacific Ocean with the Caribbean Sea. The difficult, dirty work involved more than digging and dynamiting, though. Working on the Panama Canal in the […]

February 17, 2020

Panama Metro Line 2 extension approved


News from Panama

PANAMA’s cabinet has approved the construction of a 2km extension of Panama Metro Line 2 to Tocumen Airport at a cost of $US 42.7m. The extension will also serve the Specialised Higher Technical Institute (ITSE) and will benefit more than 5000 students, 8000 airport employees and the thousands of tourists visiting Panama. The cabinet authorised […]

February 17, 2020

Eco-Tourism in Panama: What to Do


News from Panama

When trying to decide what eco-tourism activities in Panama are worth doing, keep this list in mind. Panama is ecologically diverse and full of life. As a tourist destination, Panama is still an untouched gem. The capital, Panama City, is a bustling metropolis with almost two million residents and one of the most modern cities […]

February 17, 2020

What I am following now – Energy Observer


News from Panama

French containership giant CMA CGM is partnership with the hydrogen-powered vessel project Energy Observer to study and promote the zero-emission fuel within the shipping industry. Click on the picture to see the video Launched in 2017, the Energy Observer is the first hydrogen powered-vessel to embark on a round-the-world voyage. The “green” hydrogen used by […]

February 11, 2020

$10 Million Investment in New Corporate Center


News from Panama

  An office and commercial tower is planned to be built in the town of San Francisco, Panama. According to the interactive platform “Construction in Central America” of the Trade Intelligence Unit of CentralAmericaData, Mega Desarrollo Urbano, S.A. submitted to the Ministry of Environment the Environmental Impact Assessment (EIA) to develop the project called “A.M.W. […]

February 11, 2020

What To Expect At Carnaval In Panama


News from Panama

Donna Janke at Travel Awaits magazine offers her insights into this year’s Carnaval. Public celebrations mark the days before the somber Christian season of Lent in many countries. Each culture puts its own spin on carnival season. Carnaval in Panama takes place over the four days preceding Ash Wednesday, the start of Lent, and features […]

February 11, 2020