The Panama Canal is an inter-oceanic navigation route between the Caribbean Sea and the Pacific Ocean that crosses the Isthmus of Panama at its narrowest point, whose length is 65 km. There are locks at each end to raise the boats to Lake Gatun, an artificial lake created to reduce the amount of work required to excavate the channel, 26 meters above sea level, and then descend them to the level of the Pacific or Atlantic Ocean.
Panama is an important link in the global supply chain because its geographical position with the Canal has shortened distances and served as a center for the redistribution of goods to various countries in the region.
“The Gatun locks of the Panama Canal, facing north toward the Atlantic Ocean”
“Third Set of Locks of the Panama Canal, towards the ocean Gatun Lake “
Panama has a network of ports that provide a wide variety of services to containerized, bulk, liquid and general cargo, as well as passengers at cruise terminals. The Panamanian ports of the National Port System (SPN) are divided into two groups: state ports and private ports. Private ports are those granted to private operators (concession) after the privatization processes of the former government ports. The government ports are those still operated by the government under the administration of the Panama Maritime Authority (AMP) and basically provide docking and other related services to local and coastal users.
We will proceed to name some of our ports:
Manzanillo International Terminal
The Port of Manzanillo International Terminal (MIT) was built at the former naval base of the United States at Coco Solo South. During the 1980s, the area was used as a storage facility and vehicle distribution center for Latin America. In 1993, the initial concept of Ro-Ro type dock grew to become a world-class port facility dedicated to fully equipped transhipment operations with more than 2,500 meters at 9 docks. These springs are distributed in 6 docks for container operations and 3 springs for Ro-Ro, two of them “Mediterranean style”. Container springs are equipped with 19 post-panamax and super post-panamax gantry cranes; More than 2,000 refrigerated connectors and a modern computer terminal management system. The port has a handling capacity of 3.5 million TEUs. Transhipment operations account for 85% of their containerized activities.
Colon Container Terminal
This port has land access to the Colon Free Zone and to therailroad. Four container docks, thirteen gantry cranes and other equipment give CCT a handling capacity of 2.4 million TEUs. Expansion plans include the addition of container storage areas to one side of the port and across Randolph Avenue, as well as the addition of more equipment for more efficient handling of container operations.
Port of Cristobal
The port of Cristóbal is one of the oldest ports in operation in Panama. Operating commercially for more than 150 years, Cristóbal was built to receive workers and materials during the construction of the transisthmic railroad. Colon, originally called Aspinwall, was the gateway into the Atlantic for ships carrying passengers from New York driven by the gold rush in California. At that time, this port had few wharves built primarily of iron and wood, and was in operation for 50 years before the opening of the port of Balboa.
Port of BALBOA
On the other side of the Panama Canal is the port of Balboa located at the entrance of the Pacific. Balboa was inaugurated in 1909 after receiving its current name, which was called Ancon Port. It was restored by the U.S. at the beginning of the construction of the Canal, which was formerly a former French mooring area.
Currently, Balboa is the only terminal of containers in full operation from the Pacific serving the different shipping lines for the loading, unloading and transhipment of goods activities towards the region.
PSA Panama International Terminal
It is a new port terminal built by a public company of the Government of Singapore on the west side of the Pacific entrance of the canal, precisely in the old naval base of Rodman. This new port operator has completed the construction in its first phase with a dock 300 meters long and is equipped with 3 Post Panamax cranes and 6 RTGs. The terminal began operations in December 2010 with the receipt of iron products and other supplies for the expansion of the canal. Its container operations began formally in 2012, reaching the management of 53,460 TEUs.
The Ferrocarril de Panamá (Panama Canal Railway Company) Is the railroad linking the Atlantic Ocean with the Pacific Ocean through Panama in Central America. Since 1998 the Panama Railroad is jointly owned by the Kansas City Southern Railway and Panama Holdings, LLC. The route stretches 48 miles (77 km) across the isthmus of Panama, from Colon to Panama City (through Gatún, Bujio, Barbacoas, Matachin, and Summit). When it opened its doors in 1855 it was called the “interoceanic railway”, which was later described as the first transcontinental railway in the world.
COLON FREE ZONE
It is a free zone that is located on the Caribbean coast of Panama in the province of Colón, within the city of Colón but outside its municipal jurisdiction because the ZLC is an autonomous entity of Panama. It is located in the southeastern corner of the City of Colón and occupies 240 hectares (2.4 km2) of extension, is the largest free zone of the American continent and second of the world, as well as the first container center of Latin America.
It captures services and centers for importing, storing, assembling, packaging and re-exporting products from all over the world, in particular electrical appliances, pharmaceuticals, liquors, tobacco, home and office furniture, textiles, footwear, jewelry and toys. The main imports come from Hong Kong, Japan and the United States and destined to countries of South America, Central America and the Caribbean, with particular importance Colombia, Venezuela and Brazil.
Panama Pacifico is a mixed-use complex located west of Panama at the former Howard base in the Arraiján District, West Panama. The project began to develop since 2007 at a cost of 450 million dollars in its first phase.
London & amp; Regional Panamá is the company in charge of developing the complex of Panama Pacifico at a cost of 10 trillion dollars in a land of 1,400 hectares in a period of 40 years, being thus one of the most ambitious projects of the American continent.
Through Law 41, the Panama-Pacific Special Economic Area agency is created in Panama, which acts autonomously and is responsible for the administration, promotion, development, regulation and proper use of the areas assigned to Panama-Pacific.
HUB OF THE AMERICAS
The Hub of the Americas, in Panama, connects all major cities and countries of America.
Hub of the Americas provides convenient flight schedules designed for fast connections and uninterrupted service from one end to the other. Luggage is registered directly to the final destination of the passenger and it is not necessary to go through customs or immigration during the connections.