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American Shipper

Port of Baltimore, Panama Canal sign agreement

Port of Baltimore, Panama Canal sign agreement

   Panama Canal Authority and the Maryland Port Administration officials said they have signed an agreement to increase economic growth and commercial activity.

   Canal Administrator Alberto Alem'n Zubieta and MPA Executive Director James J. White said the agreement would help spur trade, facilitate information sharing and promote the use of the all-water route between Asia and U.S. East Coast via the Panama Canal.

   The authority and port conduct joint activities and share best practices in areas such as marketing, research and data interchange, technical advancements and personnel training programs.

   The MPA is exploring the possible use of a public-private partnership to operate its Seagirt Marine Terminal, and fund a 50-foot berth with the goal of having that berth in operation when the Panama Canal expansion project is completed in 2014.

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