Panama Shipyard Provisionally Reopens After Two Years, International Tender in 2021

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Panama’s Balboa Shipyard, provisionally reopens under the administration of the Panama Maritime Authority (AMP) until an international tender in 2021, says an article published in Procurement Nation.

Shipyard provisionally reopened 

  • Panama’s Balboa Shipyard is located on the Pacific side of the Panama Canal.
  • It has reopened provisionally under the administration of the Panama Maritime Authority (AMP).
  • The international tender for the concession of the shipyard is called early 2021.

About Balboa Shipyard 

  • Balboa Shipyard was built in 1916 by the US Panama Canal Company as an extension of the Panama Canal Company. 
  • It is the only facility in Panama and in the entire region that has 3 dry docks with the necessary dimensions to service panamax ships.
  • It was transferred to Panama in 1979 and since then, given in concession to private companies.
  • Because the concessioner Mec Shipyards defaulted in its payments to Panama’s government, the shipyard closed operation two years ago.

Balboa Shipyard’s administration

  • The AMP has taken over the administration of Balboa Shipyard on a temporary basis. 
  • It is currently working on a figure called “Area Space Concession”
  • Initially only docks 2 and 3 will be in operation. 

This figure is provisional for 12 months until the international tender for its future concession is ready, said the AMP.

Dock details

Dock One 

  • Dock One has the same size as a Panamax vessel (318m X 33.6m).
  • But is not in operation.

Dock Two 

  • Dock Two (130m X 25.9m) and Dock Three (70m X 16.8m).
  • Will attend smaller ships such as tuna boats or barges.

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Source: Procurement Nation