{"id":18369,"date":"2026-10-31T14:00:00","date_gmt":"2026-10-31T19:00:00","guid":{"rendered":"https:\/\/expat-times.com\/panama\/?p=18369"},"modified":"2026-10-29T09:52:57","modified_gmt":"2026-10-29T14:52:57","slug":"business-opportunity-maersk-panama-ports-plan-targets-2-6b-in-new-terminals","status":"publish","type":"post","link":"https:\/\/expat-times.com\/panama\/investments\/business-opportunity-maersk-panama-ports-plan-targets-2-6b-in-new-terminals\/","title":{"rendered":"Business Opportunity: Maersk Panama Ports Plan Targets $2.6B in New Terminals"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Danish shipping giant A.P. Moller-Maersk has formally confirmed its intention to pursue permanent operating rights for <strong><a href=\"https:\/\/expat-times.com\/panama\/environment-wildlife\/marine-species-seizure-exposes-illegal-fishing-in-panama-park\/\" rel=\"internal\">Maersk Panama ports<\/a><\/strong>, positioning itself for upcoming <a href=\"https:\/\/expat-times.com\/panama\/travel-transportation-tourism\/severe-blow-panama-assesses-tourism-impact-following-october-9-earthquake\/\" rel=\"internal\">government tenders<\/a> that will reshape the country&#8217;s <a href=\"https:\/\/expat-times.com\/panama\/environment-wildlife\/inspiring-goal-panama-emissions-reduction-target-set-at-11-by-2035\/\" rel=\"internal\">maritime infrastructure<\/a>. The announcement comes nine months after Panama&#8217;s Supreme Court struck down the concession contract held by Panama Ports Company for the Balboa and Crist\u00f3bal terminals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Antonio Dom\u00ednguez, president of Maersk for Latin America and the Caribbean, said the company is ready to compete when Panamanian authorities open the bidding process. The firm currently operates Balboa port through its subsidiary APM Terminals Panama under an 18-month temporary contract approved by the Cabinet Council in February.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1200\" height=\"800\" src=\"https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/04\/manila-maersk-2018-42748219302-cropped-1200x800-1.webp\" alt=\"MANILA MAERSK (2018) (42748219302) (cropped)\" class=\"wp-image-12537\" srcset=\"https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/04\/manila-maersk-2018-42748219302-cropped-1200x800-1.webp 1200w, https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/04\/manila-maersk-2018-42748219302-cropped-1200x800-1-150x100.webp 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption class=\"wp-element-caption\">The Copenhagen-based group&#8217;s ambitions extend well beyond its current temporary foothold. By kees torn.<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Maersk Panama Ports Strategy Expands Beyond Balboa<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The Copenhagen-based group&#8217;s ambitions extend well beyond its current temporary foothold. Dom\u00ednguez identified two major development opportunities that could attract Maersk investment: the Corozal terminal on the Pacific side and Isla Telfers on the Atlantic coast. The <a href=\"https:\/\/pancanal.com\/en\/\" target=\"_blank\" rel=\"noopener noreferrer\">Panama Canal Authority<\/a> expects to award concessions for both projects by late 2027, with preliminary combined investment estimates reaching $2.6 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;I believe the Panamanian government needs to define when it will hold the tender for the concession. Maersk has believed in Panama its entire life. Of course APM Terminals sees Panama as a nerve center for our operations and, when the opportunity opens, we will be present,&#8221; Dom\u00ednguez said [Translated from Spanish].<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The executive emphasized the company&#8217;s century-long relationship with Panama, stating the corporation is positioned for another 100 years of operations. Terminal Investment Limited, a subsidiary of Mediterranean Shipping Company, currently manages Crist\u00f3bal port under a similar temporary arrangement.<\/p>\n\n\n\n<blockquote class=\"twitter-tweet\"><p lang=\"es\" dir=\"ltr\">Maersk ratifica su inter\u00e9s de operar de forma permanente los puertos en Panam\u00e1\nhttps:\/\/t.co\/O6jteSepRb https:\/\/t.co\/xCV2Rk6xUK<\/p>&mdash; a50pma\u2122 (@a50pma) <a href=\"https:\/\/x.com\/a50pma\/status\/2115454833931006153?ref_src=twsrc%5Etfw\">October 28, 2026<\/a><\/blockquote>\n<script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n\n\n\n<h2 class=\"wp-block-heading\">Operational Continuity During Transition Period<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Since assuming temporary control of Balboa, APM Terminals Panama has prioritized maintaining uninterrupted cargo flows through one of Latin America&#8217;s busiest transshipment hubs. Dom\u00ednguez characterized the interim period as a positive experience focused on protecting Panama&#8217;s logistics platform.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;Naturally, what we are doing is operating for 18 months at the request of the Panamanian government; it is not a concession. So far it has been a very good experience. We have kept the operation running, which was the most important thing. Our job was to protect Panama&#8217;s logistics hub and we believe we have done it well,&#8221; Dom\u00ednguez stated [Translated from Spanish].<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1200\" height=\"800\" src=\"https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/10\/mulino-en-puerto-1200x800-1.webp\" alt=\"Panamanian goverment on Balboa Port\" class=\"wp-image-17954\" srcset=\"https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/10\/mulino-en-puerto-1200x800-1.webp 1200w, https:\/\/expat-times.com\/panama\/wp-content\/uploads\/2026\/10\/mulino-en-puerto-1200x800-1-150x100.webp 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption class=\"wp-element-caption\">Since 2018, Maersk has pursued an end-to-end logistics integrator strategy, expanding beyond container shipping into air freight, warehousing, andservices. Panamanian goverment on Balboa Port.<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Panama&#8217;s Role in Global Supply Chain Reconfiguration<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Global supply chain disruptions have prompted multinational companies to seek secondary routes and value-added processing locations closer to the United States market. Dom\u00ednguez argued Panama uniquely satisfies these requirements, offering access to both Pacific and Atlantic coasts, short transit times, and established logistics infrastructure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;Many companies have told us: I need a second route. I need a place where I can add value to my imports. I need a location closer to my main consumer market, the United States. I need a country where I can add value with processes, where transit times are short, where I can access both coasts, the Pacific, the Atlantic, the Caribbean. Panama checks all those boxes,&#8221; Dom\u00ednguez explained [Translated from Spanish].<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Since 2018, Maersk has pursued an end-to-end logistics integrator strategy, expanding beyond container shipping into air freight, warehousing, andservices. The company&#8217;s interest in permanent Panamanian port operations aligns with this broader transformation, as it seeks to control more links in the global supply chain. With the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Panama_Canal_expansion_project\" target=\"_blank\" rel=\"noopener noreferrer\">Canal expansion complete<\/a> and new terminal projects on the horizon, Panama&#8217;s strategic position in hemispheric trade continues to attract major maritime investment.<\/p>\n\n\n\n<blockquote class=\"instagram-media\" data-instgrm-captioned data-instgrm-permalink=\"https:\/\/www.instagram.com\/p\/DfCh9ktkTZW\/?utm_source=ig_embed&amp;utm_campaign=loading\" data-instgrm-version=\"14\" style=\" background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:540px; min-width:326px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);\"><div style=\"padding:16px;\"> <a href=\"https:\/\/www.instagram.com\/p\/DfCh9ktkTZW\/?utm_source=ig_embed&amp;utm_campaign=loading\" style=\" background:#FFFFFF; line-height:0; padding:0 0; text-align:center; text-decoration:none; 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font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:550; line-height:18px;\">Ver esta publicaci\u00f3n en Instagram<\/div><\/div><div style=\"padding: 12.5% 0;\"><\/div> <div style=\"display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;\"><div> <div style=\"background-color: #F4F4F4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);\"><\/div> <div style=\"background-color: #F4F4F4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;\"><\/div> <div style=\"background-color: #F4F4F4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);\"><\/div><\/div><div style=\"margin-left: 8px;\"> <div style=\" background-color: #F4F4F4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;\"><\/div> <div style=\" width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg)\"><\/div><\/div><div style=\"margin-left: auto;\"> <div style=\" width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);\"><\/div> <div style=\" background-color: #F4F4F4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);\"><\/div> <div style=\" width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);\"><\/div><\/div><\/div> <div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;\"> <div style=\" background-color: #F4F4F4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;\"><\/div> <div style=\" background-color: #F4F4F4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;\"><\/div><\/div><\/a><p style=\" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; line-height:17px; margin-bottom:0; margin-top:8px; overflow:hidden; padding:8px 0 7px; text-align:center; text-overflow:ellipsis; white-space:nowrap;\"><a href=\"https:\/\/www.instagram.com\/p\/DfCh9ktkTZW\/?utm_source=ig_embed&amp;utm_campaign=loading\" style=\" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none;\" target=\"_blank\" rel=\"noopener\">Una publicaci\u00f3n compartida por La Estrella de Panam\u00e1 (@laestrellaonline)<\/a><\/p><\/div><\/blockquote>\n<script async src=\"\/\/www.instagram.com\/embed.js\"><\/script>\n","protected":false},"excerpt":{"rendered":"<p>Danish shipping giant A.P. Moller-Maersk has formally confirmed its intention to pursue permanent operating rights for Maersk Panama ports, positioning itself for upcoming government tenders that will reshape the country&#8217;s maritime infrastructure. The announcement comes nine months after Panama&#8217;s Supreme Court struck down the concession contract held by Panama Ports Company for the Balboa and<\/p>\n","protected":false},"author":3,"featured_media":17955,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","footnotes":""},"categories":[36,30],"tags":[489,7686,50,7685,105],"class_list":["post-18369","post","type-post","status-publish","format-standard","has-post-thumbnail","category-investments","category-business-economy","tag-logistics","tag-maritime-infrastructure","tag-panama","tag-port-operations","tag-shipping"],"_links":{"self":[{"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/posts\/18369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/comments?post=18369"}],"version-history":[{"count":1,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/posts\/18369\/revisions"}],"predecessor-version":[{"id":18370,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/posts\/18369\/revisions\/18370"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/media\/17955"}],"wp:attachment":[{"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/media?parent=18369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/categories?post=18369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/tags?post=18369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}