AGP Executive Report
Last update: 10 hours agoMaritime Compliance: Panama’s Maritime Authority says it has removed more than 100 vessels from its registry after introducing a fast-track sanctions review with Pole Star Global. The move comes as U.S. sanctions also target a Panama-registered shipping company. Canal and Ports: The Canal expects to shortlist bidders by year-end for two terminals in a wider $8.5 billion expansion. Maersk is seeking to keep managing the Port of Balboa, while canal lake levels have recovered after October rain and transit booking criteria have returned to previous rules. Agriculture: Chiquita’s CEO warns El Niño and rising costs could make 2027 one of the banana industry’s toughest years, with flooding, disease and shipping constraints threatening supply. Trade: Panama’s exportable products reached $1.16 billion through September, up 17.2% year over year; melons are benefiting from an early-season market advantage.
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