Panama Canal Signs Rotterdam MoU
(Posted on 18/09/19)
The Panama Canal and the Port of Rotterdam signed a Memorandum Understanding (MOU) to promote international trade between Europe and the West Coast of South America. Through this agreement, the two organizations will work closely to optimize operations while encouraging economic growth and the exchange of information on new business development opportunities, including logistics parks and port development projects
"The Expanded Canal continues to reshape global trade routes today, reinforcing our position as the logistics hub of the Americas," said Vice President for Complementary Businesses Rafael Pirro. "We are proud to be partnering with the Port of Rotterdam to ensure our customers experience the most efficient, consistent service and develop new business opportunities."
The agreement, comes at a period of continued growth for both the Panama Canal and Port of Rotterdam. Last month, the Port celebrated a new transshipment record for the first six months of 2019 with 240.7 million tons handled, marking a 3.4% increase compared to 2018. During the same month, the Canal set a new daily tonnage record of 1.706 million Panama Canal tons (PC/UMS) on August 16, not long before welcoming the 7,000th Neopanamax transit since the inauguration of the Expanded Canal in 2016.
The MOU is renewable after two years and will allow for both parties to share information on their technological capabilities, including the implementation of digital tools and applications aimed at improving transport efficiency and cost reduction. Also, the MOU includes the exchange of market studies, transit data and modernizations plans, as well as joint training programs, studies and marketing activities between the two parties.
In addition to their roles as regional logistics hubs, the Port of Rotterdam and the Panama Canal share a commitment to sustainable shipping. They have already collaborated closely through their work as members of the Global Industry Alliance (GIA), a public-private partnership initiative of the International Maritime Organization (IMO). The GIA, comprised of maritime industry leaders, works to improve energy efficiency and reduce greenhouse gas emissions in international shipping.
Located in the Netherlands, the Port of Rotterdam is not only an important transshipment hub, but also Europe's largest port-in 2018, the Port handled 468 million tons of cargo in Rotterdam alone.
Latest News
Rotterdam’s first half year throughput declines with dry bulk down 8.9%
(Posted on 04/08/25)Throughput in the port of Rotterdam decreased by 4.1% in the first half of 2025. This brought the total... Read more
Jeroen Eijsink to become CEO of HHLA
(Posted on 04/08/25)The Supervisory Board of Hamburger Hafen und Logistik AG (HHLA) has appointed Jeroen Eijsink as... Read more
Canada is feeding the world with support from marine shipping
(Posted on 04/08/25)As the 2025 marine shipping season has progressed, grain traffic has remained the dominant story of... Read more
ABL strengthens market value and global reach through TSA acquisition
(Posted on 30/07/25)Asian Bulk Logistics (ABL), has finalised its acquisition of Transhipment Services Australia (TSA),... Read more
Klaipeda Port leads Baltic States in cargo growth
(Posted on 21/07/25)In the first six months of this year, nearly 19 million tons of cargo were handled at Klaipeda Port.... Read more
Adam Bell named President of S.H. Bell Company
(Posted on 21/07/25)S.H. Bell Company, a trusted name in cargo handling, warehousing, and logistics for more than 90 years... Read more
Declining bulk traffic at Antwerp-Bruges in first half of 2025
(Posted on 15/07/25)In the first six months of 2025, the total throughput of Port of Antwerp-Bruges was 137.2 million tonnes... Read more
AD Ports MoU with Critical Minerals Forum to strengthen global supply chains
(Posted on 11/07/25)AD Ports Group, an Abu Dhabi based, leading enabler of global trade, logistics, and industry has announced... Read more
Long An International Port reaffirms commitment to green and sustainable development
(Posted on 10/07/25)Long An International Port has successfully concluded its participation at ASEAN Ports & Logistics... Read more
World’s first hybrid solar-powered inland shipping vessel
(Posted on 08/07/25)Dutch maritime solar innovator Wattlab has delivered a solar energy system for HGK Shipping’s... Read more
