Panama ends a historic port concession around the canal

A major judicial decision in Panama has officially ended the concession operated by Panama Ports Company on the strategic terminals of Balboa and Cristobal. The publication of the judgment in the official gazette makes the measure immediately applicable, leading to the cessation of operations by the historical operator.
The Panamanian authorities are temporarily taking control of these key infrastructures, while new logistical players are positioning themselves to ensure the continuity of operations. This decision could permanently influence maritime flows around the canal, one of the most important commercial routes in the world.
The post Panama ends a historic port concession around the canal appeared first on The Logistic News.
Share this post
Related
Posts
Iran conflict drives volatility in air cargo rates
The escalation of the Iran conflict is already having a visible impact on global air cargo markets, according to newly...
Quito unveils airport expansion plans and new route ambitions
International aviation experts gathered in Quito this week to discuss the future of airport-led development as the operator of the...
Saudia Cargo, Mawani and ZATCA launch sea-air logistics corridor
Saudia Cargo has announced an expanded strategic collaboration with the Saudi Ports Authority, Mawani, and the Zakat, Tax and Customs...
Deutsche Aircraft appoints Nils Heuer as director of global sales
Deutsche Aircraft has appointed Nils Heuer as director of global sales, reinforcing its commercial team at a pivotal stage in...