Panama Canal Signs Alliance with Long Beach Port

The alliance seeks to generate new business, economic growth and promote trade between the east coast of L.A. and this region of California.

Thursday, December 9, 2010

The Port of Long Beach is the second largest in the United States.

The memorandum, which is renewable and for a period of two years, will facilitate the exchange of information and technology as well as develop joint marketing opportunities and modernization efforts.

For example, the two entities will work in promoting best practices in areas such as engineering, dredging and environment, with emphasis on programs which will help reduce carbon emissions.

This agreement will help the Panama Canal to consolidate its role as a logistics hub of the area.

Since 2007, the Panama Canal has facilitated the passage of nearly 21 million long tons of cargo between the Port of Long Beach and trading partners on the east coast of South America.

More on this topic

The Panama Canal and Ports in USA

September 2011

The agreement between the Port of Corpus Christi and the Panama Canal reaffirms the importance of the extended waterway for the ports in the Eastern U.S and the Gulf.

A statement from the Panama Canal Authority (ACP) reads:

Panama City, September 14, 2011. -

With the signing of an agreement with the Port of Corpus Christi, Texas, the Panama Canal has reaffirmed the importance that the country has for the ports on the East Coast and U.S. Gulf as a result of the expansion of the waterway.

Canal signs MOU with Port of Galveston

November 2010

The Panama Canal Authority signed a memorandum of understanding with the Port of Galveston.

This memorandum seeks to improve trade along the route between Asia and the United States.

The MOU spells out initiatives for joint marketing, data exchange, collaborative market studies, modernization, improvements, mutual training and technological interchange between the two entities.

Panama Canal renews alliance with Georgia Port Authority

September 2008

The Panama Canal Authority (ACP) and the Georgia Port Authority renewed their strategic alliance for three more years.

Areas of cooperation include joint marketing, exchange of information and technology, market studies, expansion plans, and training, according to a release from the ACP.

Agreement between Panama Canal and Port of Virginia strengthened

May 2008

The Panama Canal Authority and the American Port of Virginia have ratified an agreement to share information and to promote the "all-water" route from Asia to the east coast of the United States.

The strategic alliance of mutual cooperation was renewed with the signatures of the Panama Canal Authority, Alberto Alemán Zubieta, and the executive director of the Virginia Port Authority, Jerry Bridges.

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