Itaqui, located in São Luís, Maranhão, is the Brazilian port closest to the Panama Canal. With this agreement, the Panama Canal looks to promote the use of the Panamax Locks for grain transits originating in northern Brazil and traveling to markets in Asia.
The agreement, which was signed by Panama Canal Administrator Jorge L. Quijano and Maranhão Port Administration Company President Ted Lago, will allow the Panama Canal and Port of Itaqui to conduct joint marketing activities and exchange market studies and information on trade flows to support modernization and improvement programs.
Brazil ranks among the top producers of grains worldwide. In 2017, the Port of Itaqui moved 19.1 million tons of cargo.
Dry bulk vessels transporting grains and other dry commodities accounted for roughly 22.2 percent of the Panama Canal’s total oceangoing commercial transits during its fiscal year 2018, which ended Sept. 30.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now