Singapore Foreign Minister Supports Panama Canal Expansion

Tuesday, September 19, 2006
Singapore’s Minister for Foreign Affairs George Yeo visited the Panama Canal Saturday, September 16. On behalf of his country, he expressed support for the expansion proposal: "The Panama Canal expansion is important not just for Panama but for the entire [maritime] industry – for the global economy.” Foreign Minister Yeo traveled to Panama as part of an official delegation, which also included Panamanian Ambassador to Singapore Eduardo Real. The delegation was received at the Miraflores Visitors Center by Minister of Canal Affairs and concurrent Panama Canal Authority Board Chairman Dr. Ricaurte Vásquez, who briefed them on the expansion proposal and Canal operations.

Earlier this year, Singapore signed a Free Trade Agreement with Panama. Foreign Minister Yeo shared with Dr. Vásquez that, “Singapore is a maritime hub. We live on trade. And the more open the world is to free movement of ships, the better it is for Singapore. We hope that you widen the Canal because it is good for the overall system.” Panamanians will vote on October 22 in a national referendum on the proposed expansion. The project would build a third lane of traffic along the waterway through the construction of a new set of locks, doubling Canal capacity. The expansion will help maximize Panama’s strategic location to become the great maritime hub of the Americas.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Coatings & Corrosion

WSS: Post-combustion Fuel Treatment Cuts Vessel Costs, Risk

Wilhelmsen Ships Service, a provider of products and services to the shipping industry, is advising vessel operators to wage war on soot. According to WSS, soot

Industry Group Developing New Hull Coating System

PPG’s protective and marine business has received EU Funding for a project which aims to produce a new fouling protection system for commercial vessels.   A project development group including PPG,

Petronas Chooses Jotun Antifoulings

Petronas has selected Jotun’s Hull Performance Solutions (HPS) antifouling system for two LNG vessels chartered from MISC.   The advanced antifouling coatings

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage Winch
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: 0.0781 sec (13 req/sec)