Following the recent announcement from the President of the Republic of Panama Jose Raul Mulino regarding the Balboa (Pacific) and Cristobal (Atlantic) terminals, APM Terminals confirms its willingness to assume the temporary operation of both terminals. This aims to mitigate any risks that could impact essential services for regional and global trade and provide support to Panama’s logistics hub.
APM Terminals emphasize that any operational entry to the terminal will be carried out in full accordance with all legal requirements and procedures established by the law. This can only take place once Panama’s Supreme Court of Justice ruling becomes final and binding, a timeline that is outside the company’s control.
The company is not involved in the ongoing legal proceedings and bears no role in decisions regarding the short- or long-term structure or future administration of Balboa and Cristobal terminals.
Any action to be taken by APM Terminals will be guided by technical criteria, supply chain integrity, and the public interest.
APM Terminals is an independent terminal operator serving the world’s biggest shipping lines globally and is committed to operate and develop resilient terminals for the nations and communities where the company operates. All actions are guided exclusively by internal governance standards, applicable legal requirements, and long-term operational sustainability objectives, with a clear focus on resilience, efficiency, and responsible management.
APM Terminals applies standardized operating models and proven management systems across its network, ensuring reliable, productive, and safe operations. The company operates 60 terminals in 34 countries, including several of the world’s top-performing facilities, and provides service on a non-discriminatory basis to all shipping lines and customers.
Source: APM Terminals
