{"@context":"https://schema.org","@type":"Place","additionalType":"https://schema.org/Port","name":"Balboa","identifier":"PABLB","unlocode":"PABLB","city":null,"country":"Panama","waterBody":"Gulf of Panama; North Pacific Ocean","harborSize":"Medium","harborType":"Canal or Lake","channelDepthMeters":12.5,"confidenceLevel":null,"coordinates":{"latitude":8.95,"longitude":-79.56666699999998},"description":"APM Terminals took over the container business at Balboa on 23 February 2026, running it on an interim basis of up to 18 months after Panama's Supreme Court declared the 1997 concession held by Panama Ports Company (Hutchison Ports) unconstitutional. The Pacific anchor of the Panama Canal and one of Latin America's busiest box ports, Balboa handled roughly 2.63 million TEU in 2024, up 13.7%, and added about 1.3 million TEU in the first half of 2025 (+5%). Five container berths, around 25 quay cr","url":"https://www.freight-academy.com/en/information/seaports/balboa-port-pablb","markdownMirror":"https://www.freight-academy.com/api/md/seaports/en/balboa-port-pablb","source":null,"provider":{"@type":"Organization","name":"Freight Academy","url":"https://www.freight-academy.com"},"quickSummary":"Balboa · (UN/LOCODE: PABLB) · Panama · Medium · 12.5 m"}