Press Room

Hutchison Ports PPC celebrated with its distinguished clients, business allies, suppliers and friends. “This year 2017 has been a great year for PPC, we are celebrating 20 years and we are extremely proud to be part of the port industry in Panama. We obtained the award as the best port operator in recognition of the investment in our ports and thanks to this, for the first time in history at the Port of Cristobal we reached one million TEUs. Thanks to all of you for being part of these achievements, we will remain committed to strengthening Panama’s port industry in the eyes of the world” – Part of the speech by Mr. Paul Wallace, Executive President of PPC.

In PPC we celebrate as a family, in the company of our friends of the National Police of Panama who accompanied us, in both terminals, with their bands to honor the country with national anthems.

With this type of events, Hutchison Ports PPC, strengthens its commitment with employees and Panama. The country that opened the doors to us to enable our business in its territory and allows us to grow together every day.

 

 

 

Port of Cristobal in Colon is one of the eldest ports in operation in Panama. For more than 150 years it has served as a platform for world maritime trade and this year celebrates the movement of one million TEUs for the first time in its history.

 

Cristóbal terminal is located in the Bay of Limón in the southwestern part of the city of Colón and at the Atlantic entrance of the Panama Canal. Its strategic position connects this port with the most important maritime routes of the Caribbean and the Atlantic Ocean. Today, the port of Cristóbal is operated under the administration of Hutchison Ports PPC, a leader in world shipping industry with presence in 26 countries. It offers port services such as handling general cargo, containerized cargo, refrigerated containers (reefers), among others.

 

Currently, the port of Cristóbal registers a significant 80% growth in its cargo movement, which made it possible to reach the first million TEUs recently. This milestone was celebrated with the arrival of MSC Chloe, from the Mediterranean Shipping Company at pier 10 in Puerto Cristóbal in Colón. Special guests of the crew along with strategic partners and employees of PPC witnessed the commemorative event. Mr. Paul Wallace, Hutchison Ports PPC, CEO, addressed a speech in which he was greatful for the trust placed in PPC during all these years of work, and also expressed pride of the more than 1000 Colon people who work day and night with passion and commitment to maximize the country’s logistic industry.

 

In addition to the growth in the movement of TEUs in the port of Colón, it is important to note that other activities and services are increasing on the development of the region’s economy. A timely tourism growth was born with the movement of cruise ships in the port of Cristobal. It recently docked at Pier 6, the Caribbean Princess first Neopanamax cruise ship of the season and that selects Cristóbal as a docking point, which directly benefits the province.

 

At the end of 2017, about 33 thousand passengers will have been attended and it is expected to receive in 2018 more than 71 thousand.

 

For PPC these services are of vital importance and its objective is to potentialize the work as well as improving quality of life of Colon people, who are dedicated workers with great values, beliefs and traditions – worthy representatives of this wonderful region.