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PMR Cover-2019-20-No.2.indd 1 30/10/2019 09:58 Seatrade Proof High Resolution PDF Boskalis tailors innovative, sustainable CREATING NEW and competitive solutions. From feasibility studies, design and execution to HORIZONS IN maintenance and operational services, LATIN AMERICA we can help you meet your challenges. We are a global leading expert in: Design, construction and maintenance of ports and waterways Design and construction of projects for the offshore energy sector, including diving and ROV services Land reclamation Coastal defense and riverbank protection Heavy marine transport and installation Terminal and harbor towage services Marine salvage projects and services Boskalis Panama, S.A. T +507 3177000 [email protected] CREATING LA PINTA, THE SECOND PUNTA THE SECOND PUNTA LA PINTA, CREATING ISLAND IN PANAMA PACIFICA www.boskalis.com Always there UNMATCHED HARBOR TOWAGE OPERATIONS IN THE AMERICAS We are leaders in the provision of safe, reliable, and efficient towage services for both harbor and offshore needs. With a state-of-the-art fleet and safety-conscious crew, we provide a full spectrum of towage services for more than 55 years. We are committed to making port activities safer. Canada Mexico Guatemala Costa Rica Panama Ecuador Brazil Contact us: Uruguay [email protected] Chile www.saamtowage.com IFC PMR19 Boskalis 1 30/10/2019 12:18 CONTENTS 3 Foreword: ACP Administrator Dr Ricaurte Vasquez 5 SeaAsia 7 The Panama Canal 17 Construction & Expansion of the Canal 23 Customers of the Canal 31 US Ports: Moving with the times 36 Panama Maritime Authority (AMP) 43 Panama Ship Registry 49 Port Development 59 Bunkering 67 Logistics 71 Shipping Services 107 Legal Services 113 The Economy 116 Cruise 120 Tourism 124 Map 126 Port Facilities 128 Useful Information 129 Directory Published in November 2019 by © Seatrade, Informa Group, Sheepen Place, Colchester, Essex CO3 3LP, UK. www.seatrade-maritime.com • www.seatrade-cruise.com Editorial: Michele Labrut Sales: Christophe Cahen - [email protected] Jorge Rojas - [email protected] US consultant: Jacqueline Hutman Design & Production: Fiona Hockey Photography: Arnulfo Franco - [email protected] Main cover picture: Adobe Stock Although every effort has been made to ensure that the information contained in this publication is correct, the Panama Canal Authority, Panama Maritime Authority and Seatrade, Informa Markets, a trading division of Informa PLC, accept no liability for any inaccuracies or omissions that may occur. All rights reserved. Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Informa. PMR 2019-20 Viv.indd 1 30/10/2019 10:49 Seatrade Proof High Resolution PDF PMA002 PMR19 Panama AMP 19 11 17/10/201930/10/2019 09:3911:53 FOREWORD • ADMINISTRATOR OF PANAMA CANAL AUTHORITY to secure the capacity and efficiency Facilitator of trade for shippers. This is how remarkable milestones have been achieved over the his year, we will the inauguration of the Neopanamax past year across segments, increasing the commemorate 20 years since locks, our customers have reaffirmed maximum allowable beam and length the transfer of the Panama their confidence in the stewardship of overall to allow the transit of the first Canal to the Panamanian the Canal as they reroute their vessels to Q-Flex LNG tanker and the largest Tpeople. Despite the original scepticism capitalise on considerable reductions in containership to-date. about the ability of Panamanians to time, cost and greenhouse gas emissions. manage and operate one of the most The Panama Canal’s success is the important assets of global maritime As such, traditional containerised cargoes, result of our team’s effort, hard work, trade, Panama has proven that it energy products, vehicle carriers and dry innovation, integrity, and commitment could not only successfully operate bulkers, as well as new market segments and the close collaboration with our the waterway, but also that it was such as liquefied natural gas, have customers and many actors in the able to oversee the development discovered the new economies of scale of industry who continuously support us and construction of the largest the all-water route using larger vessels and share their knowledge and expertise infrastructure project since its opening and shorter distances, not only lowering to develop joint creative solutions. We in 1914. The Canal's expansion is a their per unit cost of transportation, but look forward to continue exceeding tremendous feat of engineering and also contributing to the fight against expectations for our customers, while logistics, which brought the waterway climate change. The Panama Canal is offering a reliable, sustainable and into the 21st century, reassuring its estimated to have saved more than 750m competitive service and, at the same time, rightful role as a facilitator of trade, tonnes of carbon dioxide emissions over strengthening our relationship with the while driving progress for the country. the course of its history. shipping industry. During these 20 years, tonnage through More than 7,000 Neopanamax transits We would like to reaffirm our partnership the Panama Canal has increased in line later, the Panama Canal continues to with Seatrade and invite readers to with the evolving needs of the maritime exceed expectations for the maritime discover in the next few pages more about industry. The Canal was able to meet industry. Our team’s constant search the Panama Canal and the country's reliably the rising transit demand for ways to improve the operations maritime sector. stemming from globalisation during the of the Neopanamax locks and the early 2000s and, in this way, it has also administration’s commitment to continued Dr Ricaurte Vasquez contributed to the development of other investment into its operations and Administrator nations through trade. Three years since infrastructure have allowed the waterway Panama Canal Authority PANAMA MARITIME REVIEW 2019-20 3 PMR 2019-20 Viv.indd 3 30/10/2019 10:50 Seatrade Proof High Resolution PDF 004 PMR19 ACP 1 30/10/2019 11:54 SEA ASIA Caption Focusing on the environment, regulation and technology A burden on shipping? anama was once again present 9, the Panama Canal Authority (ACP) anniversary. And we meet again today at Sea Asia Exhibition administrator and ceo Jorge Quijano was to assure you that we will continue to and-Conference 2019, one of the speakers, participating in the provide service of excellence that made us from 9 April to April 11, session on ‘will economic concerns trump the world’s largest ship registry,’ said Jorge Porganised by Informa Markets and improving fundamentals?’ with Keith Barakat, minister of maritime affairs. co-organised with the Singapore Denholm from J&J Denholm Ltd and Maritime Foundation. Sea Asia 2019 Ralph Leszczynski of Banchero Costa. The ‘Panama Ship Registry has a policy was inaugurated by Singapore’s Senior session was moderated by Marcus Hand, to guarantee strict compliance with Minister of State, Ministry of Transport editor of Seatrade Maritime News. The all international regulations and IMO & Ministry of Communications and conference this year brought 861 delegates conventions with regards to the safety Information, Janil Puthucheary. from around the world who came to listen of navigation to prevent pollution of the to 43 international prominent speakers. maritime environment, which has allowed The international maritime industry Panama to be part of the white list of famous rendezvous set another record The Panama pavillion was a large booth the Paris MoU and Tokyo MoU.’ • with close to 15,000 participants, 80 reuniting the Panama Maritime Authority participating countries and regions, (AMP), the ACP and the Ministry of Trade 440 exhibiting companies, 13 national where the delegates welcome visitors. pavillions and 9,088sq mtr net of exhibition space. The Conference The AMP reception, held on the addressed the key issues of the moment, second day, Wednesday 10, gathered focusing on the environment, regulation ship owners from Singapore and and technology, and the links between all other Asian jurisdictions, shipping three, with an interesting parliamentary agents and managers, foreign delegates debate on the environmental burden on and maritime personalities. shipping and whether it is too great. ‘Two years ago, we were here to celebrate On the first day of the Conference, April Panama Ship Registry's 100 year PANAMA MARITIME REVIEW 2019-20 5 PMR 2019-20 pg5.indd 5 31/10/2019 12:35 Seatrade Proof High Resolution PDF JANDENUL.COM Jan De Nul Group shapes water and land. Worldwide. From complex offshore DESIGN · BUILD · CONNECT services for oil and gas and renewables, to large dredging and both land and coastal reclamation projects, to challenging civil construction programmes. Well integrated competences and investments lead to creative, sustainable and innovative solutions. In this way Jan De Nul Group delivers results that produce satisfied customers. Building a better future. PHOTO: PANAMA - AMADOR CRUISE TERMINAL 006 PMR19 Jan de Nul 1 30/10/2019 11:55 THE PANAMA CANAL The Canal must tackle the challenges of water economics New encounters n September 5, the Panama tackle the opportunities and challenges (2012-2019). As we go to press, FY2019 has Canal administrator Jorge of water economics,’ said Vasquez. not concluded yet but ‘this year we must Quijano bid farewell to the finish well above budgetry expectations. institution where he spent As the global economy is also in It will be a very good year,’ said Quijano. Oalmost all his career, leaving the future constant change, ‘we have to look at He estimated that for FY2019 between of the Panama Canal Authority (ACP) the viability of the markets, now in a 460m and 463m tonnes (PC/UMS) will in the hands of Dr Ricaurte Vasquez return-cycle, and attend the necessary pass through the Canal, a figure higher who was designated administrator by technological changes required in the than the initially projected 450m tonnes.
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