Panama Canal Authority inks deal with Port of Antwerp
The first of its kind between the ACP and a European port, the MOU will increase cooperation, such as joint marketing and coordination on modernization and expansion project
in the NewsState of Logistics 2016: Pursue mutual benefit Holiday season sparks retail import shipments, says Port Tracker Driver turnover rate declines, but challenges remain firmly intact AAR reports annual gains in November for U.S. carload and intermodal volumes CEMA reports October booked orders down 19.8% from October 2015 More News
Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta and Antwerp Port Authority Chief Operations Officer Christiaan De Block have signed an important Memorandum of Understanding (MOU) to jointly help foster commercial activity between the two authorities.
The first of its kind between the ACP and a European port, the MOU will increase cooperation, such as joint marketing and coordination on modernization and expansion projects, and help boost trade between the Port of Antwerp and the West Coast of South America via the Panama Canal.
Additionally, the Port of Antwerp is equipped with a post-Panamax locks system that operates with rolling gates (similar to the ones that will be built with the expanded Panama Canal) and uses tugboats to position the vessels instead of locomotives.
“This MOU differs from previously signed port agreements, because it allows us to exchange information with the Port of Antwerp regarding ship handling techniques for larger vessels that are unique to both the Port and the expanded Panama Canal,” said Mr. Alemán Zubieta. “We share a common interest in researching the proper use of tugboats, ensuring safe and efficient lockage operations without the use of locomotives, as well as carrying out cross-training activities for pilots and tugboat captains on large vessels and extensive ship simulation exercises.”
The MOU between the ACP and the Antwerp Port Authority may also include exchange of market studies and technological interchange of advanced capabilities and programs.
“The Port of Antwerp, the second port in Europe, has regular connections with more than 500 ports around the world, 300 of them on a weekly basis. Antwerp has strong maritime links with the West Coast of South America,” said Antwerp Port Authority CEO Eddy Bruyninckx.
“More than 3 million tons of cargo and eight weekly liner services pass through the Canal. The widening of the waterway is of great importance, and a substantial growth in trade with the Americas is
expected. This MOU intends to support this growth by mutual exchange of knowhow and expertise.”
About the AuthorPatrick Burnson, Executive Editor Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]
Subscribe to Logistics Management Magazine!Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!
Warehouse & DC Operations Survey: Ready to confront complexity 2016 Quest for Quality Awards Dinner View More From this Issue