Panama Canal Board to Convene in Copenhagen

Thursday, September 25, 2003
The Panama Canal Authority (ACP) announced today that its Board of Directors and Canal Advisory Board convened for its annual fall meeting, September 11-12, in Copenhagen, Denmark, to discuss the Canal's current state of affairs and future projections. Highlighting the meetings were briefings on port developments in the East Coast of the United States and China, capacity issues and the international maritime industry. The Boards discussed the progress and results of projects within the permanent modernization program - many of which have increased capacity, reduced Canal Waters Time (CWT) and enhanced reliability. The ACP was congratulated by the Advisory Board for its early completion of the widening of the Gaillard Cut, the conversion of floodgate machinery and the modernization of the locomotive fleet and towing rails. Other projects recognized at the meeting included the implementation of the AIS system and the deepening of Gatun Lake. "As we strive to increase capacity and operate the Canal with utmost efficiency, the Advisory Board becomes more important - an invaluable asset. It is composed of some of the world's most impressive figures in shipping, finance, business and academia. It gives me and our Board of Directors strategic advice - straight, honest and insightful counsel," said Canal Administrator Alberto Alemán Zubieta. Presided by William O'Neil, Secretary-General of the International Maritime Organization (IMO), the Advisory Board was founded on December 13, 1999, and meets twice a year: once in Panama and once at a city important to the international maritime industry. The Board is composed of members from the shipping industry, academic, commercial and financial fields and provides strategic counsel to the ACP and the Board of Directors
Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Six Washington Students Earn Maritime Scholarships

The 11th annual Norm Manly Puget Sound Maritime (PSM) / Youth Maritime Training Association (YMTA) Maritime Educational Scholarship competition was held on Saturday,

Truckers to Strike Four SoCal Shippers

Truckers who haul freight from the ports of Los Angeles and Long Beach will go on strike against four ground-shipment companies on Monday, a Teamsters union official said,

Maritime Tension Dominates Southeast Asia Summit

Southeast Asian leaders edged closer to open criticism of China's land reclamation in the disputed South China Sea at a regional summit on Monday, as the Philippines

Maritime Security

Maritime Tension Dominates Southeast Asia Summit

Southeast Asian leaders edged closer to open criticism of China's land reclamation in the disputed South China Sea at a regional summit on Monday, as the Philippines

Lagos Port Drags on Africa's Top Economy

Ruling party reforms improved Apapa port; shippers still face delays and corruption. The road leading to the Lagos port, which handles nearly everything that Africa's biggest economy imports,

MPHRP at Anglo Eastern Maritime Academy

Chirag Bahri, MPHRP Regional Director for South Asia was invited by Anglo Eastern Maritime Academy in Karjat, India, to interact with the cadets undergoing pre

 
 
Maritime Contracts Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1415 sec (7 req/sec)