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Panama Canal, VPA commit to further info sharing

Panama Canal, VPA commit to further info sharing

   The Panama Canal and Virginia port authorities on Tuesday reaffirmed an alliance begun in 2003 that aims to increase growth and trade, facilitate the flow of information sharing and promote all-water services from Asia to the U.S. East Coast via the Panama Canal.

   VPA Executive Director Jerry Bridges traveled to Panama this week to cement ties between the two entities.

   'Our partnership with the VPA is more important than ever,” said Alberto Alem'n Zubieta, the canal authority's chief executive officer, in a statement. “As we embark on the next phases of the expansion project, data sharing and market studies exchange will continue to be essential elements of our collaboration. As the only U.S. East Coast port with the existing capability to handle post-Panamax vessels, the Port of Virginia is prepared for the waterway's expansion.'