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Partnership agreement between the Panama Canal and the port of Antwerp
Belgium
Tuesday 21 September 2010
FJ
The agreement between the Panama Canal and the port of Antwerp will allow to increase exchanges between South America and Europe.
The ACP (Panama Canal Authority) signed an historic Memorandum of Understanding (MOU) to jointly help foster commercial activity between the two authorities.
The first of its kind between the ACP and a European port, the agreement will increase cooperation, such as joint marketing and coordination on modernization and expansion projects, and help boost trade between the Port of Antwerp and the West Coast of South America via the Panama Canal.
This partnership differs from previously signed port agreements, because it allows to exchange information with the Port of Antwerp regarding ship handling techniques for larger vessels that are unique to both the Port and the expanded Panama Canal.
Source : Port of Anvers.
