Panama Real Estate Blog

Panama is below that of the region average in terms of the costs of moving cargo, making the country very attractive in terms of the logistics and supply chains fields. Panama’s logistics companies have an average overhead cost of 12, 4% in comparison to the regional average of 14,7%. The results were according to a [...]

April 7th marks the date for a scheduled meeting of the New Orleans City Council, to discuss how they can position themselves strategically with the forthcoming Panama Canal expansion project, which is scheduled for completion in 2014. Arnie Fielkow, the City Council VP, stated that the entire region stands to benefit from the expansion, and [...]

Despite the current economic situation as well as many request for the Panama Canal toll increases to be frozen, as well as some shipping lines electing to reroute their ships away from the Panama Canal. The CMA CGM line has decided to route their line around Africa on the return journey from Asia, advising that [...]

Port Colon 2000, which saw the departure of Royal Caribbean’s Enchantment of the Seas, stands to benefit from the tremendous spin off that related tourism will generate due to the port being the home port for this huge cruise ship. The $15 million investment in the new terminal stands to realize numerous benefits in terms [...]

According to the Lloyd’s Register statistics, and the Panama Maritime Administration, the Ship Register’s fleet grew by 7,28% to October of this year. A total of 8159 vessels fly the Panamanian flag, the main users thereof include Japan, Greece, Korea, China, Hong Kong and Taiwan. Panama’s fleet remains the largest due to ongoing and updating [...]