PSA Panama , a port terminal located on the west side of the Pacific entrance to the Panama Canal, became a key player in the logistics chain in the face of disruptions that occurred in 2023 and 2024 due to weather conditions that affected the Panama Canal’s capacity.

“We expanded our operational capabilities to facilitate land connections for up to 30% of the transshipment cargo we handle, allowing local carriers to transport up to 1,300 containers in less than 16 hours between terminals on the Pacific and Atlantic coasts,” said Diego Garcia, COO of PSA Panama, during his recent participation in Expo Logística Panamá 2025.

The executive indicated that the terminal has made strategic investmentsto improve operational and connectivity standards.

He highlighted the expansion of the Gate’s capacity for delivering and receiving containers via land by 50%, going from four to six lines, along with the implementation of a state-of-the-art OCR system, which will automatically capture truck and container data, improving traceability, reducing wait times, and strengthening process security.

One of the key initiatives highlighted by Garcia is the complete overhaul of the video surveillance system, the addition of smart cameras, a container scanner, and updated procedures, all with the goal of offering integrated logistics solutions that meet the current needs of international trade.

The PSA Panama representative emphasized the importance of continuing to invest in the digitalization of the logistics system and fostering collaboration among all stakeholders in the ecosystem.

“Multimodality is built on cooperation. Panama has all the conditions to consolidate itself as a world-class logistics platform, and achieving this depends on collaborative work between the public and private sectors, and academia,” he stated.

PSA Panama closed a historic 2024 with more than 1.4 million 20-foot containers (TEU) moved , its best annual result to date, driven by maritime connectivity that includes an average of 18 vessel calls per week.

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PSA Panama , a port terminal, closed 2024 with a record volume of operations.

Last year, the terminal handled 1,476,398 20-foot containers (TEU) on 760 vessels, achieving the highest annual volume recorded in its history, with a year-on-year growth of 33.8% compared to 2023.

“2024 was an exceptional year in which PSA Panama reaffirmed its role as a key bridge for trade in the Americas. In a challenging global environment, we worked hand in hand with our clients to provide solutions tailored to their needs, strengthening our position as a reliable partner in the regional and global logistics chain,” said Enrique Piqueras, CEO of PSA Panama.

Beyond operational achievements, PSA Panama has continued to work on sustainability issues , maintaining its operations with 100% renewable electricity for the fourth consecutive year.

PSA Panama generates just over a thousand direct and indirect jobs.

15 years of operations and new projects in 2025

Entering its fifteenth year of operations in 2025, PSA Panama is embarking on a new stage of growth with a focus on innovation, sustainability and employee well-being . Among the planned milestones are the application of cutting-edge technology and remote operation across its entire fleet of RMG yard cranes.

In addition, there are initiatives to digitalize and ensure the security of operations; projects focused on improving the quality of life of employees; and strengthening ties with universities and institutions to develop local talent.

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A delegation from the Latin American division of the American Association of Port Authorities (AAPA Latino) , led by its president, Juan Duarte, is currently on a working tour of the main port cities in Latin America . The most recent visit was concentrated in Panamanian territory, with representatives of PSA Panama.

Strategically located at the Pacific entrance of the Panama Canal, the terminal efficiently connects the world’s main markets , boosting global trade and positioning Panama as a world-class logistics center.

Juan Duarte expressed his satisfaction with the visit to the port and described it as enriching. Enrique Piqueras, general manager, and Any Rodríguez, commercial manager, were present on behalf of PSA Panama.

Regarding the terminal projects, Juan Duarte highlighted the development of human talent that is managed and promoted by PSA Panama. Based on their E-FISH-NCY strategy focused on continuous improvement, “they have achieved great productivity for the interior of the terminal and a positive impact on the country’s logistics chain. Their commitment to a master security plan is quite interesting, along with their digitalization and automation strategy that they are carrying out, which brings with it great productive efficiencies,” Duarte commented, quoted in a press release.

It is worth noting that the terminal has been promoting the human development of local talent for some time. Recently, PSA Panama renewed its agreement with the National Institute of Professional Training and Capacity Building for Human Development for the training of port workers. Regarding investment, the terminal has accumulated more than 600 million dollars, as well as the generation of 900 direct jobs and more than 100 indirect jobs.

Representatives of AAPA Latam presented the guidelines and strategies of the “Renacer AAPA Latinoamérica” plan , where they also indicated the opportunities for development and innovation that may arise from the collaboration between the association and the terminals.

For Duarte, this tour of Latin America is vital for the organization’s work. “We traveled to five countries on the continent, 10 cities, visited and spoke with more than 30 key authorities and port terminals in the sector. With all this networking, we also began to prepare, together with Zulma Dinelli, our AAPA Latam 2025 event, to be held next year in Lima, Peru. I can only thank the reception, the welcome of AAPA Latam’s new strategy and the desire to commit to this new way of working on the part of the main players in the industry,” he said.

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