AGP Executive Report
Last update: 10 hours agoCanal & Ports: The Panama Canal expects to name prequalified bidders for a new terminal project by year-end. Maersk is also seeking a permanent operating agreement for Balboa, but Panama has yet to set a timetable for the concession tender; CK Hutchison is pursuing $3.5 billion in claims over the loss of its former contract. Water & Trade: Gatun Lake averaged 85.8 feet in October, just 0.15 feet below the historical average, and the Canal raised daily booking capacity to 33 slots. Panama’s exports reached $1.16 billion through September, up 17.2% year over year. Energy: AES Panama says $12.365 billion invested over 26 years has expanded installed capacity to 5,120 megawatts, helping the country withstand drought and meet future demand.
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