Extend Strategic Alliance by Five Years

The Port of Palm Beach and the Panama Canal Authority (ACP) have extended the term of their Memorandum of Understanding (MOU) by five additional years. 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.

Port of Palm Beach and Panama Canal Authority

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.”

Source: Port of Palm Beach