The Peruvian navy’s Industrial Service has won an international tender to build five hopper barges for the Panama Canal.
This is just one of many deals that may be struck between the shipping services of Panama and Peru, who are currently in talks to take advantage of business opportunities that may arise between the two nations.
A Panamanian delegation, led by the Ministry of Commerce and Industry, the Maritime Authority and the Canal Authority, visited Peru and signed a cooperation agreement with the Peruvian Association of Port Operators, involving over 30 companies in the maritime and logistics sectors of the Andean country.
An article on prensa.com states: "During this meeting Panamanian companies learned of the port expansion projects already developed in Peru, as well as important programs for the increase in transit and transshipment facilities that are being managed by this trading partner.
The Panama Maritime Chamber, a guild that constitutes more than 180 companies, promoted the meeting as part of the business opportunities it wants to make available to its members. "
Source: Prensa.com
More on this topic
February 2009
In Panama, professionals in transportation, logistical services and education came together to contribute to solving the deficiencies in these areas in the country.
La Asociación Panameña de Ejecutivos de la Cadena de Abastecimiento (APECA) was constituted keeping in mind that it is necessary to improve considerably the services of supply to the ships that pass through the Canal or that transfer merchandise in Panamanian ports in order to comprehensively take advantage of the advantages that the country has as the merchandise transportation hub of the world.
October 2011
Peru's booming economy is offering opportunities that 10 companies led by Panama Canal Authority are keen to take advantage of.
On 27th and 28th October 10 Panamanian companies will promote their shipping services to Peruvian companies.
Among the meetings that will take place, the most eagerly anticipated is that with the Association of Port Operators in Peru, which will bring together union representatives from the sector.
April 2009
The Peruvian Embassy in Panama expressed interest in starting negotiations for an FTA in 2010.
Peruvian delegates expressed that a Free Trade Agreement (FTA) would be used by their country to promote the use of the Canal and Panama's geographical position. They also indicated interest in using the Colón Free Zone to re-export textile products.
April 2012
The elimination of the surcharge rate of 50% for U.S. ships to be repaired in Panamanian yards, is a major incentive for this sector.
According to the Panama Maritime Chamber the benefits that will be brought by the Trade Promotion Agreement (TPA) with the United States from October 1st , are key to attracting new investment.
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