The Water Resources Authority was a special guest at the launch celebration of the Panamanian-flagged ship Princesa Guayarmina, built by Niigata Shipbuilding & Repair Inc. in Japan.
The vessel Princesa Guayarmina was built for the renowned fishing company Ricardo Fuentes E Hijos, which has its central operations from Panama. The delivery of a modern reefer cargo ship is undoubtedly a unique event that involved many years of adaptation to current fishing conditions and regulations.
Family company Ricardo Fuentes E Hijos, with 60 years of experience in salting production and marketing of fresh bluefin tuna and deep-frozen tuna at -60ºC, has been operating from Panama for more than 15 years through its two vessels, Princesa Tvornica Guasimara and Paloma Reefer. The work, effort and determination of this group allowed them to grow in their maritime activities, turning them, as they claim: “the sea into our way of life”.
The administrator of the Water Resources Authority, Flor Torrijos, thanked the company’s executives for entrusting their new vessel to the Panamanian registry, since Panama has made great efforts to adapt to the new demands of the fishing industry of the 21st century. , taking into account the principles of sustainability and good fishing practices.
Torrijos pointed out that the launch of this ship is proof of innovation and his entrepreneurial spirit.
“We are confident that this event will mark the beginning of a new phase of success and prosperity for Ricardo Fuentes. We encourage them to continue to persevere and to continue to lead with passion and determination,” said the administrator of Arabs from Japan.
The Ricardo Fuentes e Hijos Group has reiterated its commitment to maintain the highest standards in fleet monitoring and control in order to keep international markets in the fishing segment open to all vessels sailing under the Panamanian flag.
“We invite other companies from the category of the Fuentes e Hijos group to entrust the registration of their ships under the Panamanian flag,” the company pointed out.
The company’s legal representative and its chief executive officer Francisco “Paco” Fuentes pointed out that obtaining this ship contributes to the economic development of Spain, Panama and beyond.
“Our company is proud to receive this magnificent deep freezer, as it is an essential tool for the work we do. Thanks to this, we are able to process fattened tuna throughout the Mediterranean and Atlantic, always guaranteeing the highest quality of freshness and the optimal degree of freezing for consumption in sashimi,” said Fuentes.
This ship, the Princesa Guayarmina, is the third to join the previous two; Paloma Reefer and Princesa Guasimara. In addition, this ship has a larger capacity for freezing and storage than the previous ones.
Source: Panama America

I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.