Panama Canal Authority, Port of Tampa sign strategic pact
The Panama Canal Authority (ACP) and the Tampa Port Authority Oct. 6 signed a memorandum of understanding aimed at boosting all-water trade from Asia to the U.S. East Coast via the Panama Canal.
Under terms of the MOU the two parties have agreed to conduct:
* Joint marketing activities to generate new shipping business.
* Data sharing to forecast future trade flows and market trends.
* Market studies exchanges.
* Sharing of information related to modernization and improvement projects.
* Interchange of advanced technology capabilities and programs.
The MOU will continue for one year and will be renewable on an annual basis, the ACP and port authority said.
Panama Canal Authority, Port of Tampa sign strategic pact
