AN alliance between the Panama Canal Authority (ACP) and the Port of New Orleans – which has recently adopted a 2020 growth Master Plan of $1.04 billion, partially driven by the Canal’s expansion – has been renewed in the belief it “will help spur investment, increase trade and promote the “All-Water-Route”...”
During an official ceremony this week in Panama, ACP Administrator/CEO Alberto Alemán Zubieta reaffirmed the ACP’s commitment to mutual growth and cooperation with Port of New Orleans President and CEO Gary LaGrange and members of the Port’s Board of Commissioners, by renewing a Memorandum of Understanding. Renewable on a three-year basis, the agreement further enforces the strategic alliance between the two entities, which was first initiated in 2003.
“Today’s renewal of the Memorandum of Understanding with the Port of New Orleans underscores our strong economic and commercial bonds. Our common vision informs our strategy and creates new value based on information sharing and collaboration. As we embark on the next phases of the Panama Canal expansion project, we remain committed to providing solutions to the long-term needs of the shipping and maritime community,” said Mr. Alemán Zubieta.
Port of New Orleans Board of Commissioners Chairman Jim Campbell added, "Our continuing partnership with the Panama Canal Authority will allow us to provide shippers with an efficient and cost-effective transportation route."
During an official ceremony this week in Panama, ACP Administrator/CEO Alberto Alemán Zubieta reaffirmed the ACP’s commitment to mutual growth and cooperation with Port of New Orleans President and CEO Gary LaGrange and members of the Port’s Board of Commissioners, by renewing a Memorandum of Understanding. Renewable on a three-year basis, the agreement further enforces the strategic alliance between the two entities, which was first initiated in 2003.
“Today’s renewal of the Memorandum of Understanding with the Port of New Orleans underscores our strong economic and commercial bonds. Our common vision informs our strategy and creates new value based on information sharing and collaboration. As we embark on the next phases of the Panama Canal expansion project, we remain committed to providing solutions to the long-term needs of the shipping and maritime community,” said Mr. Alemán Zubieta.
Port of New Orleans Board of Commissioners Chairman Jim Campbell added, "Our continuing partnership with the Panama Canal Authority will allow us to provide shippers with an efficient and cost-effective transportation route."