The Panama Canal is the largest global hub of shipping routes, which naturally positions the country as a logistics hub.
The current challenge is to harness the opportunities Panama has to become a comprehensive global logistics hub, also consolidating air and land logistics, so as to make the country "more than a canal."
"The growth rates in maritime movement in the national economy are the best that have been seen for many years, and that brings us to idea that we must go further and seek to integrate all that encompasses logistics," said the Senior Vice President of the Chamber of Shipping in Panama, Guillermo Marquez.
Among the many global companies that have come to Panama to contribute to this integrated logistics, the Brazilian company Galores stands out in the storage and refrigerated warehouses sector.
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Panama's advantages in combining sea, air and rail transport will be featured at the XVI International Maritime Conference and Exposition.
Businessman Eduardo Segura emphasized that Panama’s advantage in business regarding logistics lies in its capabilities as a multimodal center, where railway, ports, air and sea freight used simultaneously are the country’s greatest strength, which must be further advanced.
"What we are going to do in Panama in order to attract more than a thousand logistics companies for cargo transfer in the next 10 years"
The Panamanian Maritime Chamber has officially launched the Logistics Forum " What we are going to do in Panama in order to attract more than a thousand logistics companies for cargo transfer in the next 10 years", in order to find out what advantages and disadvantages Panama has to become a logistics hub for the Americas' largest transhipment of cargo .
"Because of the importance of the maritime sector for the country, there should be legislation to go to arbitration before reaching a strike" - Willis Delvalle, President of the Maritime Chamber of Panama.
Facing millions in losses affecting all clients and participants in the logistic Hub in Panama, as a result of the last strike by workers at the terminals of Balboa and Cristobal, representatives of shipping companies and port operators need to consider the adoption of legislation so that when there are labor disputes port operations are not crippled.
The strike by workers in the Panamanian port terminal has gone on for a week, forcing some ships to divert to other ports in the region.
So far it is unknown how high the losses are in the port operated by Manzanillo International Terminal (MIT). The terminal operator has said that it has managed to increase cargo movement operations but still not managed to have normal operations.