Panama Canal Further Espansion Envisaged by ex-Commissioner

Press Release
Wednesday, December 12, 2012

Alberto Alemán Zubieta, immediate past commissioner of the Panama Canal Authority accepts award, looks to canal future.

Mr. Alemán spoke as he accepted the Containerization and Intermodal Institute's 'Connie Award' at the annual luncheon at the Newark Club.

A construction engineer who assumed the helm of the PCA in 1998, Aleman has overseen the design and present $5.25 billion expansion until his retirement in September.

He noted that the present expansion "will not be the last." As the project continues, he noted, the increasing size of new vessels will mandate yet another expansion. The existing project will allow the canal to handle ships up to 13,000 TEU. More fuel-efficient ships and the increasing price of bunkers are bringing 18,000-TEU ships onto the seas "and we must have Panama Canal locks that can handle them. We must have one more expansion."  

His Connie Award was presented by James Newsome, who heads the South Carolina State Ports Authority, himself, a Connie recipient in 2010. The Port of Charleston, like other harbors on the East and Gulf Coasts will benefit by the expansion of the canal. CII's President, Allen Clifford, said: "To be in charge of the cornerstone of the global transportation system, and a model of excellence, efficiency and integrity is a monumental task; to be able to present Mr. Alemán with a Connie is a monumental honor for CII."
 
 

Categories: People & Company News People

Related Stories

Sofar Ocean Study Links Marine Forecast Gaps with Vessel Rolling

COLI Antwerp Completes Four Cargo Shipments in Across Eight Countries

Griffin Tapped to Lead CMA CGM North America

Current News

Sofar Ocean Study Links Marine Forecast Gaps with Vessel Rolling

SGMF Publishes LCA on Methanol as Marine Fuel

Ground Breaks on New Delaware Container Terminal

European Wheat Rises As Black Sea Disruptions Continue

Subscribe for Maritime Logistics Professional E‑News