(prensa.com) "The registration of vessels under Panamanian sovereignty increased 9% over the past two years, said today, Wednesday, the administrator of the Panama Maritime Authority (AMP), Roberto Linares. The official said these latest figures, Panama has 8 000 897 ships over 100 gross registered tons, representing more than 738 units in 2008, when 159 were reported 8 … [Read more...]
“Panama Canal” Airs January 24, 2011 on PBS
(American Experience). On August 15th, 1914, the Panama Canal opened, connecting the world’s two largest oceans and signaling America’s emergence as a global superpower. American ingenuity and innovation had succeeded where, just a few years earlier, the French had failed disastrously. But the U.S. paid a price for victory: more than a decade of ceaseless, grinding toil, … [Read more...]
Repair work begins on Bridge of the Americas
(prensa.com) The Ministry of Public Works (MOP) announced that as of yesterday, Sunday, Jan. 16, there would be tile grouting work carried out on the Bridge of the Americas. The work is being done to the lanes going from the capital towards the countryside in order to repair damage to the road, according to a press release from the institution. This repair work began … [Read more...]
Over 70 companies now at Panama Pacifico
(PanamaInvestorBlog) The new master-planned community at Panama Pacifico passed the 70 mark this December, with more than 70 companies now onsite, operating, or moving to this Special Economic Area. Located adjacent to the Panama Canal and an easy 15-minute drive to urban downtown Panama City, Panama Pacifico started construction this past month on its third office … [Read more...]
Officials project increase in Canal traffic in 2011
(prensa.com) Transits through the Panama Canal will increase slightly next year due to the upturn in world trade. This, according to the administrator of the waterway, Alberto Alemán Zubieta. "The first quarter of the [2011] fiscal year, which is set to end on Dec. 31, has been very positive and has recorded nearly 4 million tons more than what we had expected," said … [Read more...]