APM Terminals confirms it is willing to temporarily take over the operation of both the Balboa (Pacific) and Cristobal (Atlantic) terminals following communication with President José Raúl Mulino. The company states that any action taken will be guided by technical criteria, supply chain integrity, and the public interest. APM Terminals assures that its entry into operation will comply with all legal formalities and procedures. The company applies standardized operational models and proven management systems across its network, ensuring reliable, productive, and secure operations. APM Terminals clarifies it is not part of ongoing legal proceedings or decisions regarding the future structure and administration of the Balboa and Cristobal ports. This move aims to mitigate risks to essential regional and global trade services and support Panama's logistics hub. All actions are governed by internal governance norms, applicable laws, and long-term operational sustainability objectives, focusing on resilience, efficiency, and responsible management.
APM Terminals to Temporarily Operate Panama Ports
APM Terminals has confirmed its willingness to temporarily manage the Balboa and Cristobal terminals in Panama to ensure supply chain continuity and support the country's logistics hub, acting in strict compliance with the law.
