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CK HUTCHISON HOLDINGS MULTINATIONAL CONGLOMERATE
We are members of Hutchison Ports. Hutchison Ports is the port and related services division of CK Hutchison Holdings Limited (CK Hutchison). Hutchison Ports is the world’s leading port investor, developer and operator with a network of port operations in 53 ports spanning 24 countries throughout Asia, the Middle East, Africa, Europe, the Americas and Australasia. Over the years, Hutchison Ports has expanded into other logistics and transportation-related businesses, including cruise ship terminals, distribution centres, rail services and ship repair facilities. In 2023, Hutchison Ports handled a combined throughput of 82.1 million TEU. We manage the Cristobal and Balboa ports, located at both ends of the Panama Canal, and serving as a distribution network for Atlantic and Pacific trade routes.
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6
CONTINENTS
24
COUNTRIES
53
PORTS
Our ports are equipped to manage containers, general cargo, loose cargo/piece goods, RORO, and passenger ships; with a commitment to providing connections and strategic access along transatlantic and transpacific routes.
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STRATEGY
To be the global leader in port development, operations, and logistical services.
VISION
Be the best overall port and logistics hub in Central and South America.
VALUES
Passion: is the feeling that drives us to succeed.
Professionalism: We know and we do our job with excellence.
Reliability: We accomplish what we have agreed upon and we practice what we preach.
STRATEGIC GEOGRAPHIC LOCATION
(unique in America)
WHY PANAMA?
EFFICIENT GROUND CONECTIVITY
(Rail and Truck).
LEADER IN TRANSHIPMENTS IN AMERICA
SUFFICIENT PORT CAPACITY
(with plans for growth)
LOGISTICS PARKS
(Colon and Panama Pacific duty free zone).
PRESENCE IN MAIN SHIPPING LINES
THAT’S OUR INTER-CONNECTIVITY
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THE UNIQUE AND STRATEGIC LOCATION OF PANAMA REPRESENTS AN EXCELLENT OPPORTUNITY TO DEVELOP NETWORKS OF PORTS DEDICATED TO ANY TYPE OF CARGO FOR BOTH NATIONAL AND INTERNATIONAL MARKETS.
PANAMA, LEADER IN TRANSHIPPING IN AMERICA
Now is a key moment to take on the challenge of becoming the best logistics HUB of the Americas, with many world-class companies having already set up shop in the country for their logistics and distribution centers.
HIGH PORT CAPACITY
Enough for the growth and development plans; and efficient ground transportation (rail and truck), Panama has presence in the main shipping lines. Over 90% of global freight moves by vessel, and most of those ships converge in Panama; that is why we can ensure we are the best option to generate added value to each freight and not just as a crossing or redistribution service.
LOGISTIC PARKS IN PANAMA
Located in the Colon and Panama duty free zones, they have been developed as a new model of logistics integration; as areas with great potential for providing excellent business opportunities and attracting new companies to carry out their distribution and warehousing operations in the country.
BALBOA PORT
- 40 hectares of storage areas
- 1,710 m. of Dock for Containers
- 5 berth positions for Panamax and Post Panamax vessels
- 25 quay cranes, of which 7 are Super Post Panamax with a reach of 24 rows of containers, 10 Post Panamax with a reach of 20 rows of containers, and 8 Panamax with a reach of 13 rows of containers.
- 48 RTGs (electric and hybrid)
- 16.7m. (Dock 18) maximum draft
- Annual capacity of 5 millions TEUs
- Logistics connectivity with the Atlantic by train and truck, allowing for connection to the Atlantic from ship to ship in 4hrs.
The geographical location of Balboa Port has been a key factor in rendering it the number one transshipping terminal in Latin America today. Balboa operates from the Pacific, attending multiple vessel lines for their shipping, unshipping, and transshipment activities.
CRISTOBAL PORT
Cristobal Port is located at the Atlantic entrance of the Panama Canal; its strategic position allows for connection with the most important shipping routes in the Caribbean and Atlantic Ocean.
- 14 hectares of storage areas
- 970 m. Dock for Container
- 3 berths positions for Panamax and Post Panamax vessels
- 13 quay cranes, of which 5 are Post Panamax with a reach of 19 rows of containers, 4 are Post Panamax with a reach of 14 rows of containers and 4 Panamax with a reach of 13 rows of containers.
- 37 RTGs
- 13.5m. (Dock 7 & 10) maximum draft
- Annual capacity of 2 million TEUs
- Train terminal inside terminal.
HISTORY
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Launch of PPC operations in Balboa and Cristobal.189,061TEUs/199797,847TEUs/1998
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Construction begins on Phase I and Phase II of Balboa Port67 milliondollars invested in 75 hectares of patio and 350 meters for Dock 15.135,817TEUs/1999132,129TEUs/2000
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First cranes arrived at Balboa PortConstruction of Phase III begins143 milliondollars invested in 270 meters for Dock 17 and Dock 8 hectares of Patio.395,891TEUs/2001409,015TEUs/2002
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Improvements to existing docks and patios at Balboa Port90 milliondollars invested in 684 meters for Dock 14, Dock 15 and the extension of Dock 14)496,907TEUs/2003510,960TEUs/2004
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Revamping of Dock 7 at Cristobal Port for Panamax gantry cranesConstruction of Phase I of the expansion16 milliondollars invested on 2 hectares of patio.5 milliondollars invested in 322 meters of Dock 7.701,953TEUs/20051.07 millionTEUs/20061.97 millionTEUs/2007
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Balboa Port reaches 1 million TEUs.Arrival of the first Post Panamax ship to Balboa (Maersk Seletar).Construction begins on Phase 4 expansion of Balboa Port (2007-current).400 milliondollars invested in 447 meter of Dock 18 and 20 hectares of patio.2.42 millionTEUs/20082.36 millionTEUs/2009
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Balboa Port becomes the first terminal in Panama to reach two million TEUs.Cristobal Port revamps Dock 10 and achieves a record year with 981,000 TEUs.PPC begins to receive Super Post-Panamax cranes (2010-2012) capable of servicing vessels up to 24 rows wide of containers.42 milliondollars invested in 350 meters of Dock 10 at Cristobal Port.3.44 millionTEUs/20104.21 millionTEUs/2011
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Balboa Port achieves its record year with 3.25 million TEUsCristobal Port revamps Dock 9.PPC becomes the best-equipped port company in Latin America – with 38 quay cranes, and introduces electric rubber-tyre gantry cranes (RTG).10 milliondollars invested in 326 meters of dock 9 on port Cristobal.4.1 millionTEUs/20123.78 millionTEUs/2013
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Balboa Port achieves productivity record for Maersk vessels in Latin America.60 milliondollars projected for investments in 2015.3.95 millionTEUs/20143.89 millionTEUs/2015