The challenge of an expanded Canal



High operating costs affect the ability of the industry against competitors in the region, says Deepak.

The Panama Canal expansion ensures the continuity of the sea route as passage of ships and the development of services to the industry, but the continued momentum of activity is needed to turn Panama into a maritime and logistics hub in the long term.

The need to take a step beyond the already covered, is part of the challenges that the sector must assume, according to the new president of the Maritime Chamber of Panama, Vikash Deepak, who on Thursday took office for the period 2015-2016, after completing the management directive presided Juan Carlos Croston (2014-2015).

“Certainly, the expectations generated by the expansion can also be exploited by competing ports in the region, which are already investing in maritime and land infrastructure to meet the ships and cargo move through Panama,” Deepak said.

Since the Canal expansion project was approved in 2006, various countries, including the United States, began to invest in adequate infrastructure to serve post-Panamax ships that will transit or neopanamax the new locks.

Deepak proposes that there be “a serious commitment of all State-level and industry” to “establish public policies to guide the weaknesses already identified, with measures that enable us to improve and consolidate the maritime-logistics structure of Panama”.

Some points, the entrepreneur recommends promote connectivity and technological modernization of public services required by companies; since this affects their investment decisions in one country can affect the positioning Panama as a transshipment hub.

“High operating costs are affecting the ability of the industry against competitors in the region,” said Deepak, who has over 12 years experience in the sector.

“We ask the government to reflect on their collection policies, which have a direct effect on the competitiveness of the industry and the country in general,” he said the businessman in front of the attendees, including the administrator of the Authority were Panama Maritime Jorge Barakat and the administrator of the Panama Canal Authority, Jorge Luis Quijano.

He also argued that is required to improve road infrastructure to reduce transit times between ports, on routes to the airport, as well as congestion in Columbus.

“We must continue pointing national education policies, because there is a shortage of skilled labor in technical and logistic activities and knowledge of English; essential to compete in these new markets, “he added.

Designated area for spring

The Panama Maritime Authority (AMP) began the process of planning, design and construction of pier back to service auxiliary maritime industries in the Pacific sector.

The administrator of the AMP, Jorge Barakat, along with company personnel and directors of the Maritime Chamber of Panama visited the area below the bridge of the Americas, which aims to build the pier.

According to the institution, this area belonged to a dealership, but it chose to return voluntarily granting rights to AMP. The application of this spring has several years.


Ernesto Chong de León, Ernesto Emilio Chong Coronado