7.1
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Hits Honduras; Two Killed
El
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IIC Launches
FINPYME ExportPlus in Guatemala
Panama Canal Joins with Port Manatee
Panama Canal Joins with Port Manatee
Panama - The first-ever alliance between the
two is aimed at spurring growth and taking
advantage of the Panama Canal’s expansion.
In the Memorandum of Understanding (MOU)
signed by the Panama Canal (ACP) and Port of
Manatee, the two pledge to boost joint
marketing and encourage the exchange of
information and business insight. As a
component of the agreement to promote them
both, the two entities may undertake joint
advertisements and competitive market
analysis.
Port Manatee is Florida’s fourth largest.
Focusing on attracting containerized cargo,
earlier this year its Port Authority
approved a $750 million master plan that
includes provision for berth expansion and
dredging to accommodate the larger, wider
ships that will be moving through the
expanded Panama Canal.
In signing the MOU, ACP Administrator and
CEO, Alberto Alemán Zubieta observed,
“Looking ahead to 2014 and the completion of
the expanded waterway, we anticipate growth
in trade and the emergence of new economic
opportunities—definitely a win-win for our
customers, the people of Manatee County and
the people of Panama.”
During its fiscal year 2008, Port Manatee
handled 8.3 million short tons of freight,
16% of which moved through the Panama Canal.
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