Press Room

Last January 21 took place for the third consecutive year the Panama Ports Company Cup being this the second race of the season of the Cayuco Race 2016-2017.
 
The race, which began and ended at the Balboa Yacht Club on a 6-mile course, was attended by more than 70 boats looking throughout the season for a place to qualify for the great Ocean to Ocean
 
With this support PPC reinforces its commitment to the Panamanian youth, who sees in this discipline a way for a healthy entertainment.

On January 20, the Panama Ports Company team and its Executive President, Mr. Paul Wallace, received various media at their facilities in the Port of Balboa. During this meeting, Mr. Wallace presented the presentation “Challenges and Opportunities in the Face of the World Maritime Situation”, where he reviewed the 20-year history of PPC and analyzed the future of the industry nationally and internationally. After the session, those present had the opportunity to tour the facilities and see the operation from the top of a gantry crane.

Panama, June 29, 2016 – Panama Ports Company (PPC), a leading company in the development of port operations and logistics, welcomed the representatives of the Suez Canal Authority and members of the Board of Directors of the Ports of Sines and Algarve in Portugal to exchange experiences and take a tour of the Balboa Port facilities.

During the tour offered to the representatives of Portugal and Suez, who were visiting the country to attend the inauguration of the Expanded Panama Canal, Peter Cheng, CFO of PPC, accompanied the visitors from Portugal, while Raymond Lam, COO of PPC, escorted the Suez Canal representatives, showing them the port facility, which is considered today the busiest terminal at national level, making the company a port model for other countries in the region.

The president of the Suez Canal Authority, Mohab Mamish, was able to witness the company’s significant progress, thanks to the business model adopted by the port, the investments made in equipment and the improvement of services based on the changes resulting from the efforts put in place for the expansion of the Canal and the industry in general, as various logistics technologies have evolved.

As for the visit of Joao Franco, President of the Board of Directors of the Ports of Sines and Algarve in Portugal, it was propitious and allowed port officials to show the inner harbor, the infrastructure and the equipment, as well as the services offered by the port terminals.

The success of PPC in port operation has been the result of a high level of labor and technical excellence promoted by the company since its inception in the country. PPC executives were able to assure their international guests that this has not only positioned it as the number one company in the local industry, but has also made it possible for the Republic of Panama to achieve its goal of becoming, day by day, a major international logistics center.