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23 September 2021 The on-line newspaper devoted to the world of transports 04:06 GMT+2



December 20, 2004

New Panama facility stirs interest

MAERSK Sealand, Cosco, PSA Corp, Evergreen and P&O Ports have expressed an interest in establishing a US$600mil transhipment facility which would boost Panama's box-movements by 50%.

The new facility, which is likely to be located on the Pacific Coast of Panama, 13 km from the Canal entrance, would increase box-movements in Panama by another 1million TEU annually, said Carlos Raul Moreno, president of the executive board of the Panama Maritime Authority ......
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