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Panama Canal Administrator Meets with the International Chamber of Shipping and the International Maritime Organization

Date: 13-DEC-2012

Panama City, Panama, December 13, 2012 - As part of the ongoing conversations with the shipping industry, a Panama Canal Authority (ACP) delegation headed by Administrator Jorge L. Quijano met with the International Chamber of Shipping (ICS), a global organization that looks after the interests of ship owners and operators, and the International Maritime Organization (IMO).

"These face-to-face meetings are part of the permanent dialogue that the Panama Canal holds with its customers to get feedback on their needs, as well as keep them up to date on what is happening at the waterway," said Quijano.

During these meetings, Canal officials presented a progress report on the waterway's Expansion Program and the requirements for new Panamax vessels to transit the new lane once it is completed, including a conceptual framework to change the waterway's toll structure after 2014.

The Expansion Program will allow the Canal to remain competitive and viable for Panama and the international maritime community in the long term.


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