Panama Canal makes its case for two new transhipment hubs
- Proposed transhipment terminals, one on the Pacific and one on the Caribbean, would each have capacity of 2.5m-3.5m teu per year
- One-on-one discussions to be held in November, bidders would be prequalified in 1Q26 and concessions are scheduled to be awarded in 4Q26
- ACP administrator says there is a need to complement Panama’s existing ‘vintage’ transhipment hubs
Panama Canal Authority administrator Ricaurte Vasquez explains the scope of the proposed terminal projects and the rationale behind the plan
