The Wolfson Centre for Bulk Solids Handling Technology Cleveland Cascades LtdTBA GroupTelestackPort of StocktonBühler GmbH
  • Telestack
  • The Wolfson Centre for Bulk Solids Handling Technology
  • Sailors Society
  • Port of Stockton
  • TBA Group
  • TOC Events

Panama Canal Signs Rotterdam MoU

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

ESPO calls for scope to avoid carbon and business leakage

(Posted on 28/01/22)

The European Sea Ports Organisation (ESPO) has welcomed the proposal to include shipping in an Emission... Read more


San Francisco to study port flood and earthquake risks

(Posted on 20/01/22)

Speaker of the United States House of Representatives, Nancy Pelosi has announced $5 million in new... Read more


Bulk on the rise as North Sea Port recovers

(Posted on 15/01/22)

With nearly 69 million tons of seaborne cargo transhipped in 2021, North Sea Port grew 9% compared to... Read more


Bulk leads major upswing for Dunkirk

(Posted on 15/01/22)

Solid bulk increased by 11% at the port of Dunkirk to reach 20.1 MT in 2021. Ore, which rose sharply... Read more


Sept-Îles welcomes first ship in 2022

(Posted on 10/01/22)

Flying the Japanese flag, the M/V Frontier Harvest arriving from ?skenderun, Turkey, was the first ship... Read more


Federal Saint-Laurent first vessel of the year at Trois-Rivières

(Posted on 08/01/22)

The Federal Saint-Laurent is the first vessel to call the Port of Trois-Rivières in 2022. It... Read more


Bilbao joins EcoPorts network

(Posted on 08/01/22)

The port of Bilbao has become a member of the EcoPorts network, the main environmental initiative of... Read more


AD Ports and Aqaba sign development agreements

(Posted on 20/12/21)

AD Ports Group, a leading facilitator of trade and logistics, has strengthened its regional footprint... Read more


Pilbara throughput increases continue

(Posted on 13/12/21)

The Pilbara Ports Authority in Australia has delivered a total monthly throughput of 59.9 million tonnes... Read more


Tilbury Grain Terminal completes rebuild

(Posted on 07/12/21)

Major building works at the UK’s largest grain terminal at the Port of Tilbury have reached a... Read more


CimbriaVan AalstViganSailors SocietyMultimodal 2022Port of South Louisiana
  • Cimbria
  • Van Aalst

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping