Panama Canal maintains cooperation with U.S. East Coast ports
The Panama Canal Authority renewed its annual memorandums of understanding with several ports along the U.S. East Coast Monday. The agreements are designed to increase cooperation and boost Asia/U.S. East Coast all-water trade.
Panama renewed its partnerships with port authorities in New York-New Jersey; Norfolk, Va.; Savannah, Ga.; Charleston, S.C.; New Orleans; Houston; Miami; and Boston.
“More than 60 percent of Panama Canal traffic originates from or travels to the East Coast of the United States,” the Panama Canal Authority said in a statement.
Panama Canal maintains cooperation with U.S. East Coast ports