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Panama Eliminates Incentives for Homeporting Cruise Ships

On HALO

3 days ago

People often say that “if you don’t use it, you lose it” when referring to practicing a skill. According to the Panama Government, this logic also applies to cruise tourism incentives. In 2019, Panama launched Executive Decree No. 35 to encourage the cruise lines to use Panama as a homeport in exchange for reimbursements of Panama Canal transit tolls. At the time, Colón was already serving cruise ships on the Atlantic side of Panama and the new Panama Cruise Terminal was just about to open near Panama City on the Pacific side. But while brands like Royal Caribbean and Norwegian Crui...

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3 days ago
On HALO

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