PSA Panama International Terminal is a port built by PSA International

PSA International

PSA International Pte Ltd, formerly Port of Singapore Authority is the second largest port operator in the world. The company's flagship operations are PSA Singapore Terminals, PSA HNN and PSA Marine...

 on the site of the former Rodman naval base in Panama

Panama

Panama , officially the Republic of Panama , is the southernmost country of Central America. Situated on the isthmus connecting North and South America, it is bordered by Costa Rica to the northwest, Colombia to the southeast, the Caribbean Sea to the north and the Pacific Ocean to the south. The...

.

In March 2007, PSA announced plans to build a port

Port

A port is a location on a coast or shore containing one or more harbors where ships can dock and transfer people or cargo to or from land....

 in Panama; its first in the Americas, which would be sited at the Pacific entrance to the Panama Canal

Panama Canal

The Panama Canal is a ship canal in Panama that joins the Atlantic Ocean and the Pacific Ocean and is a key conduit for international maritime trade. Built from 1904 to 1914, the canal has seen annual traffic rise from about 1,000 ships early on to 14,702 vessels measuring a total of 309.6...

. The port concession was approved by the National Assembly of Panama in April 2008.

The port opened in December 2010; the first ship

Ship

Since the end of the age of sail a ship has been any large buoyant marine vessel. Ships are generally distinguished from boats based on size and cargo or passenger capacity. Ships are used on lakes, seas, and rivers for a variety of activities, such as the transport of people or goods, fishing,...

to use the port was the Beluga Festival.