AMP signs agreement with Hamburg port

Posted on 2017-08-22

The document will allow both institutions to cooperate on issues such as "planning, port management and legislation, environmental protection, sustainability and IT solutions," said the Panamanian entity.

The Maritime Authority of Panama (AMP) and the port of Hamburg, in northern Germany, today signed an understanding agreement on strategic cooperation that seeks, among other things, to promote commercial exchange and cruise business.
 
The agreement was signed by the administrator of Panama's maritime authority, Jorge Barakat, and by the chief executive of the German port, Jens Meier, the AMP said in a statement.
 
The document will allow both institutions to cooperate on issues such as "planning, port management and legislation, environmental protection, sustainability and IT solutions," said the Panamanian entity.
 
The German port, built in the 12th century, is the most important container terminal in Europe and one of the busiest in the world. In 2015, it moved 137.8 million tons of cargo, according to official figures.

Panama, meanwhile, is one of the most important logistics enclaves in the world thanks to the interoceanic canal, which links more than 140 maritime routes and 1,700 ports in 160 different countries and through which passes about 6% of world trade.
 
Since the new locks were inaugurated a year ago, a daily average of 5.9 Neopanamax ships, large vessels with a capacity to transport up to 13,000 containers, have passed through them.
 
Panama is also the country with the largest merchant marine in the world. In 2016, according to data from the AMP, it accounted for 18% of the world fleet and registered a total of 8,094 vessels and 226.6 million tons.

Source: Panama América 

Return to all news Read more »

Need Help?

Contact us filling the form bellow

Send

Subscribe

Join to our mailing list to receive our latest news, properties and tips to do Business in Panama

Subscribe in our website

Download our Guide to Doing Business in Panama completely FREE

Get it Now!