Ports Must be Ready for Expanded Panama Canal

Wednesday, January 30, 2008
Panamanian Ambassador to the U.S. Federico Humbert addresses workshop attendees.

Briefing a crowd of nearly 200 U.S. port and shipping officials at a Panama Canal expansion workshop last week in Tampa, FL, Panama Canal Authority (ACP) Vice President of Research and Market Analysis Rodolfo Sabonge highlighted the Canal project’s progress and its effect on global trade. The forum also emphasized the benefits and importance of U.S. port development in meeting the anticipated demands of an expanded waterway.

Co-sponsored by the American Association of Port Authorities (AAPA) and the U.S. Maritime Administration (MarAd) and hosted by the Tampa Port Authority, the day-and-a-half workshop titled “Shifting International Trade Routes – Planning for the Panama Canal Expansion,” analyzed the changing landscape of world trade, waterside and terminal development needs, financing opportunities and a number of other topics related to the expansion of the Panama Canal.

“As the Expansion Program moves steadily ahead, we foresee the new lane of traffic along the waterway greatly influencing world trade and U.S. ports in particular,” said Mr. Sabonge. “These ports should be ready for larger and bigger ships that will go through the expanded Canal – anticipating the infrastructure needs in the near future is key to their growth,” he added. Held at Tampa’s Sheraton Riverwalk Hotel January 23-24, the workshop participants also received the latest information and trends regarding infrastructure needs and navigational issues. Workshop speakers included Panamanian Ambassador to the U.S. Federico Humbert, MARAD Administrator Sean Connaughton, AAPA president Kurt Nagle and Tampa Port Authority Director Richard Wainio. Expansion will build a new lane of traffic along the Panama Canal through the construction of a new set of locks, which will double capacity and allow more traffic and wider ships.

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

China Watching Greece After Port Sale Shelved

China is closely monitoring the policies of the new Greek government after Athens said this week it will stop the sale of a majority stake in Greece's biggest port,

Greece's New Shipping Minister Stalls Port Privatization

Thodoris Dritsas is taken charge as Greece's new shipping minister following the electoral victory of the country's left-wing party Syriza. Among the first decision

Fender Repairs Works for Dolphins at Hong Kong

For approximately four months, fender repairing and replacement works for five of the dolphins will be carried out in the To Kwa Wan Typhoon Shelter. The

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion 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: 0.1606 sec (6 req/sec)