Boluda Towage and Salvage collaborates in construction of megaport on Pacific coast of Panama

Boluda Corporación Marítima’s towage division has a long-term chartering contract with Chinese company SDC Panama Construction SA, contracted by the developer of the port project, Chinese investment firm Landbridge Group

The new port facilities will include a container terminal with a throughput capacity of 2.5 million TEUs

As towing service providers for Chinese company SDC Panamá Construction SA – subcontracted by China Communications Construction Company (CCCC) – Boluda Corporación Marítima’s tugboat division Boluda Towage and Salvage has begun collaborating in the construction of a megaport in the Atlantic, on Isla Margarita (Panama). Under the commercial name “Panama Colón Container Port” (PCCP) this terminal will have an annual throughput capacity of 2.5 million TEUs, and an investment of 500 million dollars. Continue reading