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 July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Dool to Serve as Chair of SLSMC Board

The St. Lawrence Seaway Management Corporation (SLSMC) announced that Tim Dool has been named as Chair of the Board of Directors, effective September 1. Dool was

Bollore First Half Boosted by Transport, Advertising Unit

French industrial group Bollore said first-half operating income rose 11 percent to 314 million euro because of strength at its transport business and advertising agency Havas,

Scrap Metal Exporter Pens Terminal Agreement

Port Canaveral Scrap Terminal LLC (PCST), a bulk ferrous scrap exporter, has signed a lease with the Canaveral Port Authority to operate a terminal in the north cargo area at Port Canaveral.

Maritime Security

East and South China Sea Disputes Need Creative Diplomacy

China and the United States appear headed for a damaging confrontation over the extent of China's territorial claims in the South and East China Seas. Now that

Darwin, Australia Scene of KAKADU Exercise Planning

Over 1,200 military personnel from the Asia Pacific and Indian Ocean regions have completed collaborative, tactical warfare planning during the first week of the

USCG Recognizes Meritorious Bulkship Rescue Team

Representatives from the U.S. Coast Guard, Federal, State, County and several members of the maritime community have received a Coast Guard Meritorious Team Commendation

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Salvage Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.0995 sec (10 req/sec)