Panamanian President Jose Raul Mulino said on Friday that ports in the country will operate without disruption, despite a Supreme Court decision to annul key port contracts held by a subsidiary of Hong Kong-based CK Hutchison.The ruling on Thursday left the future operations of some key ports near the Panama Canal unclear.Mulino said that APM Terminals Panama, a Maersk subsidiary, has shown willingness to temporarily take over the operation of the Balboa and Cristobal terminals…
Panama's Supreme Court has annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison, leaving the future ownership of some Panama Canal operations unclear and possibly upsetting its plans to sell some terminals.Panama Ports Company (PPC)…
The International Flag-State Association (IFA), an association of the world’s three largest registries—Liberia, the Republic of the Marshall Islands, and the Republic of Panama—has been meeting since 2021. IFA is the first alliance of its kind…
Panama is participating this week in the 34th session of the Assembly of the International Maritime Organization (IMO), the most significant forum within the global maritime system and the specialized governing body of the United Nations, from November 24 to 28…
President José Raúl Mulino met with more than 40 representatives of shipping companies from Japan’s Kanto region, where he presented Panama’s new ship registry strategy aimed at safeguarding its global leadership through enhanced safety standards and fully digitalized processes…
Panama's Maritime Authority said on Friday it will reinforce controls for ship-to-ship operations by Panama-flagged vessels, following an increase in the use of 'dark-fleet' tankers to skirt sanctions or evade environmental requirements.The U…
The Panama Maritime Authority (AMP) and Panama’s main maritime associations concluded the meetings for the revision of the General Merchant Marine Law, law 57 of August 6, 2008.A total of 188 articles were reviewed; 70 were modified; 10 were eliminated and more than 12 new articles were proposed…
