More Royal Caribbean in Central America

Adding to its investments in Colon in Panama and Roatan in Honduras, is a further $40 million which will go into San Juan del Sur in Nicaragua, in an exclusive terminal for cruise ships.

Friday, August 3, 2012

The Nicaragua project was announced earlier last year, but has not been firmed up since.

Now an article in Elnuevodiario.com.ni reports that "the news last week was reconfirmed by the Deputy Mayor of San Juan del Sur, Rivas Adelina, and a host of personalities from the Chambers of Tourism and the Government. Among them was the chief executive of the Nicaraguan Tourism Institute, Intur, Mario Salinas. Everyone was enthusiastic about the initiative."

The investment announced by Royal Caribbean in Nicaragua "includes the construction of a large pier in San Juan del Sur, plus a hotel, restaurants and shops that will provide a warmer welcome for cruise passengers."

More on this topic

Multimodal Port Construction Cleared to Go

September 2013

The Venezuelan company Chambers Trading Enterprises Inc. will finance the construction of the new port of Aguadulce, in Panama, which will require an investment of $1.25 billion.

Work on the new port is planned to start in January 2014. "This week the governor of the province of Cocle, Juan Carlos Rodriguez, acting as legal representative of the project, signed the documents that give financial support to undertake the work", reported Prensa.com.

Honduras: Cruise Port to Start Operations in 2014

August 2013

Under construction and with an investment of $30 million, the Banana Coast will receive its first ship loaded with tourists on November 18, 2014.

$30 million is being invested in the dock located in the Bay of Trujillo, Colón department, the first cruise port on the mainland in the country.

Panama: Environmental Study for Mega Port in Colon

February 2014

A Spanish company apparently with no experience in the port industry plans to invest nearly $8 billion.

The project refers to a major port for post Panamax and super post Panamax ships to be built on isla Largo Remo en Colón.

An article in Prensa.com reports that "The project is called Puerto Verde Panamá Atlántico, and its development will cost around $7.972 million.

Three New Ports Projected in Panama

February 2011

The Panama Maritime Authority is promoting the concession of two new ports on the Caribbean and one on the Atlantic, plus a shipyard in Colon.

The news was confirmed by Jorge Barakat Pitty, Deputy Administrator of the Panama Maritime Authority (AMP), who noted that "the three ports would be completely new and could be developed giving concession for the land and the sea bottom so entrepreneurs can develop the structure directly.”

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