Contact Us
+1 (201) 355 00 44 
CC&S News
LLoyd's List spotlights CC&S office in the Singapore of the Americas.
Lloyd's List website - 30 January 2009
Panama is successfully luring major international companies to set up operations on its shores as it attempts to become the predominant maritime hub in the region.
Other technology companies lured by the prospect of fiscal incentives have set up operations in Panama's City of Knowledge in the former Clayton army base. They include Container Consultants & Systems, a company working to reduce the cost of repositioning empty containers.
CC&S chief executive Harm Jansen says establishing its business in Panama was the result of a combination of important factors. "Panama is a proven country for increasing shipping efficiency. The Panama Canal, ports at the Pacific and Atlantic oceans and more than 20% of the worldwide vessel fleet using the Panamanian flag are models of efficiency and optimisation for the shipping industry."
"Panama is on a cross-line of shipping routes, giving access to multiple scenarios that allow our technology team to be in direct contact with the shipping line operations," adds Mr Jansen.
Panama's connectivity in shipping terms has much to do with the country's success in luring new businesses, but other important factors have been responsible for bringing hi-tech companies to the country. "For internet connectivity, data centres have less than one physical mile to direct contact to the five international backbone internet fibres that cross the continent, allowing us high uptime of our services while reducing the cost of connectivity required for web-based tools which are necessary for the industries of the 21st century," says Mr Jansen.
Other multinationals including Hewlett Packard, Caterpillar, 3M and Dell have centralised their regional businesses in Panama.
