Modifications to the Minimum Acceptable Bids during Auctions

PANAMA FLASH! – Panama City – December 26^th, 2023

Effective with the auctions to be held for all vessel categories (Neopanamax, supers, and regular vessels), beginning January 1, 2024, the minimum acceptable bid increment will be $1,000.00. In addition, all bid increments shall be in multiples of $1,000.00.

This measure is being implemented to expedite the auction slot award process.

For additional information, please reach out to our operators at operations@nortonlilly.com.pa

ADV57-2023-Modifications-to-the-Minimum-Acceptable-Bids-during-Auctions Download

Norton Lilly International (Panama) S.A.

Bldg. 3825 – Office 204

Howard – Panama-Pacifico

Panama, Rep. of Panama

Tel: (507) 304-4600 Main email: operations@nortonlilly.com.pa (24 hours)

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Norton Lilly Panama, a subsidiary of Norton Lilly International, has been proudly serving the international shipping community at the Panama Canal and surrounding ports as Ship Agent for over 95 years since opening our first office on the Isthmus in 1925.

PANAMA OFFICE (PACIFIC)

Howard, Int. Business Park, Building No. 3825, 2nd Floor, Office No. 204.
Panama, Republic of Panama.
Tel: (+507) 304-4600
E-mail: operations@nortonlilly.com.pa

CRISTOBAL OFFICE (ATLANTIC)

Manzanillo International Terminal (MIT) Ave. Molten, Building A, 2nd Floor, Office B 1-5.
Colon City, Republic of Panama.
Tel.:(+507) 431-4500
E-mail: operations@nortonlilly.com.pa

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