Panama Canal Execs Consider Expansion Benefits

Thursday, October 25, 2007
The Panama Canal Authority (ACP), along with the Government of Panama, participated in The Business Roundtable, organized by Economist Conferences, a division of the Economist Intelligence Unit in Panama. During the forum, Vice President and Minister of Foreign Affairs Samuel Lewis Navarro, ACP Board of Directors Chairman and Minister of Canal Affairs Dani Kuzniecky, ACP Administrator/CEO Alberto Alemán Zubieta and Coyne et Bellier’s Executive Vice President for Strategy and Development, Jean Binquet discussed the importance of the Canal’s expansion as one of the main projects for the country’s economic development. Panama is leveraging its two primary assets, its natural geographic position and the Panama Canal, to create an aggressive development strategy. Key to Panama’s strategic location is the waterway, whose expansion, is promoting development in sectors such as tourism, logistics, construction, and insurance. The expansion will build a new lane of traffic along the Panama Canal through the construction of a third set of locks, which will double capacity and allow more traffic, longer and wider ships.
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Fincantieri Invests In Camper & Nicholsons

Fincantieri has signed an agreement for the acquisition of a minority stake via capital injection in Camper & Nicholsons International (Camper & Nicholsons), the

Tsakos Energy Navigation Reports 156% Increase in Q1 Profits

Greece-based Tsakos Energy Navigation Ltd (TEN) has reported first-quarter profit of $37.3 million from $14.6 million in Q1 2014 - a 156% Increase. On a per-share basis it has profit of 42 cents.

Egypt's $3 Bln LNG tender in June

Egypt is reportedly to issue a tender in early June to buy up to $3 billion of liquefied natural gas over 2016 and 2017, Reuters reports.   The country recently

 
 
Maritime Careers / Shipboard Positions Maritime Security Offshore Oil Pipelines Port Authority Salvage Ship Electronics 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: 0.0861 sec (12 req/sec)