NORTH AMERICA

Rodman work under way

17 years ago

Civil works have begun at the Pacific port of Rodman in Panama, where PSA intends to build a container terminal to provide competition for the established Panama Port Company, which is a subsidiary of Hutchison Port Holdings. It will have a 450,000 teu capacity and absorb $100m as part of an initial investment phase.

An earlier tender was declared deserted after no bidder was able to meet even minimum terms and conditions.