Tag: Panama Canal

Tender for Corozal expires with no bidders

The tender for a container terminal at Corozal to serve the Panama Canal has expired because no bids were received by the Panama Canal Authority (ACP), wrote yesterday Splash 24/7. As we informed last year, four global port operators, including APM Terminals, Terminal Link, PSA International and Terminal Investment Ltd., were selected to compete for […]

PPC’s claim against Corozal rejected

The Supreme Court of Panama rejected the appeal made by Panama Ports Company (PPC) that the tender for the Port of Corozal infringes constitutional guarantees, writes Port Strategy. As we wrote earlier, the Panama Canal Authority (PCA) had selected 4 global port operators to compete for the concession to design, construct and operate Corozal Container […]

Panama Canal runs below capacity

Almost 4 months passed since the Panama Canal was re-opened on June, 26th this year following its $5.25 billion widening. Now the new set of locks allows vessels of up to 14,000 TEUs (New Panamax type) to pass, compared with the previous limit of about 5,000 TEUs. However, now that shipping lines prefer sending larger but […]

Four operators to bid for Corozal Container Terminal concession

The Panama Canal Authority has issued a Request for Proposals (RFP) to four pre-qualified port operators selected to compete for the concession to design, develop, finance, construct, operate and maintain Corozal Container Terminal, writes Port Strategy. The four shortlisted companies are the global major terminal operators APM Terminals, PSA International, Terminal Link, and Terminal Investments […]