Panama Canal, Miami
Port Ratify Strategic
Alliance
Pamana - Panama Canal
and the United States'
Miami Port have renewed
their strategic alliance
in a bid to boost
international trade, the
administrator of the
Panama Canal Authority,
Alberto Aleman Zubieta,
said Wednesday.
Miami Port, an
internationally
recognized trade center,
is a key ally of the
Canal, Zubieta said
after signing a
memorandum of
understanding with the
director of Miami Port,
Hill Johnson.
Zubieta said the
document, which is
ratified every year by
both sides, represents
the attention given by
the Canal and Miami Port
to the growing demands
of the world maritime
industry.
Johnson affirmed that
his port terminal has
been "set at the level
of the (expansion)
works" of Panama Canal,
whose modernization will
be finished in 2014 at a
cost of 5.2 billion U.S.
dollars.
"Our port is the nearest
to the canal, so we will
be at a strategic
position to place bigger
cargo vessels as a
result of the
expansion," Johnson
said.
During 2007, Miami
received around 2.1
million tons of freight
from Panama. The
terminal is also used by
more than 20 maritime
lines with connections
to 100 countries and 250
international ports.
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