The original MOU was executed in an official ceremony held at the ACP’s headquarters in Panama City, Panama, on December 9, 2009. Fostering growth and capitalizing on the Panama Canal’s expansion, the alliance between the parties was initially created in order to promote joint marketing initiatives, boost the exchange of information and insights, and drive business development.

During the Board of Commissioners meeting held at the Port on March 15, 2017, the Amendment to the MOU was signed by both Manuel Almira, Executive Director of the Port of Palm Beach, and Blair J. Ciklin, Chairman of the Board of Commissioners for the Port of Palm Beach. On behalf of the ACP, the Amendment had been signed on March 2, 2017, by Panama Canal Administrator Jorge L. Quijano.

“Through our partnership with the Panama Canal Authority, we have continued cooperation to share commercial intelligence,” said Manuel Almira, Executive Director of the Port of Palm Beach. “We are very pleased to extend this alliance, especially now that the Panama Canal is experiencing considerable growth, setting new daily tonnage records in February for the third consecutive month.”

About Port of Palm Beach

Port of Palm Beach is a full-service, diversified port, offering cruise and cargo services to more than 30 onsite tenants and users. At 162 acres, the port’s efficiency is unparalleled, processing more than $7 billion in commodities, 2 million tons of cargo and 480,000 cruise passengers annually. As one of the largest employers in Palm Beach County, the Port of Palm Beach and its tenants employ more than 2,850 people. Through the contribution of more than $185 million in business revenue and $17.5 million in tenant-contributed state and local annual tax revenue, the Port of Palm Beach is one of the largest economic engines in South Florida. For more information, visit www.portofpalmbeach.com.

Source: portofpalmbeach
2017-03-22

Naval gazing, what lies ahead for the supply chain Rockford IL

As this blighted year nears its end, three maritime journalists were asked to assess the industry as it enters a critical period in history. Change is afoot and 2021 is likely to herald a new beginning for some, writes Nick Savvides, managing editor at Container News.

Read more ...