James Newsome News

Panama Canal Further Espansion Envisaged by ex-Commissioner

Alberto Alemán Zubieta, immediate past commissioner of the Panama Canal Authority accepts award, looks to canal future. Mr. Alemán spoke as he accepted the Containerization and Intermodal Institute's 'Connie Award' at the annual luncheon at the Newark Club. A construction engineer who assumed the helm of the PCA in 1998, Aleman has overseen the design and present $5.25 billion expansion until his retirement in September. He noted that the present expansion "will not be the last." As the project continues, he noted, the increasing size of new vessels will mandate yet another expansion.