PSA Panama International Terminal is a port terminal built at the Pacific western-side entrance of the canal in the former US Rodman naval base. This port operator began operations in December 2010 by receiving supplies and iron products for the Canal expansion. Its first phase has one berth of 330 meters length, and it is equipped with 3 Post Panamax quay cranes and 9 RTGs. The second phase has 12 rail mounted gantry cranes and 8 quay cranes with reach of 24 wide containers to serve ships of 18,000 TEU´s. The port can handle a total of 2.5 million TEUs.
Strategically located toward the Pacific Ocean, this first class port infrastructure aims to attract new cargo from Asia to the west coast of America by using Panama as a transshipment hub for the growing demand of shipping lines that need to carry more cargo to Latin American countries, and need more shore handling capacity to expand their commercial activities.
PSA Panama International Terminal has been built mainly for containerized cargo. All the facilities for Customs, Oirsa Quarantine and AUPSA authorities are available on-site.
PSA Panama is part of the PSA International Group, one of the leading port groups worldwide. PSA participates in approximately 40 terminals in 16 countries throughout Asia, Europe and the Americas with ship operations in PSA Terminals at Singapore and Antwerp. PSA strives to continue cultivating its port network with its shipping line customers and become the preferred partner of port shareholders around the world. Employing the best talent in the industry, PSA offers a reliable and best-in-class service to its clients and develops mutually advantageous relationships with its partners. As the port operator of choice in the world's entry centers, PSA is "The Port of Global Scale".
PSA terminal began operations in 2012, primarily focused on transshipment services. In 2016, PSA moved a total of 157,967 TEUs and transshipment represented 94.5% of total TEUs. During 2017, the port reduced its movements in comparison to previous year, reaching 81,568 TEUs, which 95.5% were transshipment movements. In 2018, the total movements increased to 608,888 TEUs, which 94.8% were transshipment movements.