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Showing posts from November, 2016

(Panama Business News). Ports and Panama Canal growth decline in 2016

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(Panama Business News). Ports and Panama Canal growth decline in 2016
From January to September 2016, the income from ships that crossed thed Panama Canal and the movement of cargos in ports of the country dropped, according to the report of the National Institute of Statistics and Census (INEC) published here.
These figures are in contrast with the report of the Canal Authority (ACP) which registered the third highest annual tonnage of its history in fiscal year 2016, period that comprises from October 1st 2015 to September 30th of 2016, period in which transited the canal 13 thousand 114 ships, of them 238 PostPanamax (great size).
'Despite the deceleration of the international maritime trade during last year, we have registered on of the highest annual tonnages since the opening of the original canal 102 years ago', said last October the administrator of the Canal Authority, Jorge Luis Quijano.
This reinforces the continuous strategic importance of the route and the increasin…

LNG Carriers allowed to Bunker at Panama Canal

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LNG Carriers allowed to Bunker at Panama Canal. ACP has reversed its earlier decision to prohibit LNG carriers to bunker at the canal's anchorages, effective immediately.
The Panama Canal Authority (ACP) has reversed its earlier decision to prohibit liquefied natural gas (LNG) carriers to bunker at the canal's Pacific anchorage, LNG World News reports.
ACP says the new rules, which take effect immediately, require that such bunkering operations be carried out on a space-available basis, and only at the explosives area of the canal's Pacific anchorage.
Bunkering operations should also not interfere with vessels' canal transit schedule, noted ACP.

Recently, the International Bunker Industry Association (IBIA) announced its next Regional Forum, "The 'New Panamax' fuelling a new era in the Caribbean" - taking place in Jamaica from the March 7 - 9, 2017 - would focus on the Caribbean as an emerging key bunkering hub delivering marine services to an increasing…