Panama readying tender for two new mega-ports

 29 Mar 2011 10.01am

  • Government of Panama readying tender for two new mega-ports

  • Tender for manufacture and construction of ports at Rodman and Balboa

The government of Panama is readying a call for an international tender for the management and construction of two new major port facilities in the country.

The Panamanian government sees the development of two new ports as a necessary step to help ease the increase in container traffic spanning from the completed Panama Canal expansion in 2014, the Bulletin Panama reports.

With the Panama Ports Co., Manzanillo International Terminal (MIT) and Colon Container Terminal (CCT), currently operating ports and providing service to shipping transiting the Panama Canal, the new mega-ports will help provide more room for containers in the Pacific and Caribbean.

The two ports will be located in the capital of Balboa and the city of Rodaman both on the Pacific side of the canal, with plans in place to use materials excavated from the Panama Canal expansion in their construction.

The huge project is to be negotiated between the Panama Canal Authority (ACP) and the Panama Maritime Authority (AMP), along with the Ministry of Economy and Finance.

In line with ports and shipping lines continuing to prepare for the opportunities the expansion of the canal will bring, a further shipping line has put together a deal for the build of larger vessels that will be able to operate through the canals vicinity in 2014. The most recent of these deals sees containership owner and charterer Seaspan placing a US$2 billion order for 22 newbuildings with a Chinese shipbuilder.

The so-called “New Panamax” 10,000 TEU vessels will cost around $98 million each from Yangzijiang Shipbuilding, and will be up to 30% more fuel-efficient than previous panamax designs, according to the Bulletin Panama.

  Port Planning, Tenders & Bids