Panama Canal strategies spotlighted at International Investors Forum
(Posted on 19/09/24)
The 2025 Investors Forum, organized by the Latin American Stock Exchange (LATINEX) has analysed the economic and operational strategies of the Panama Canal during the months in which the dry season had its highest impact, influenced by the 2023-2024 El Niño phenomenon.
During the presentation, Panama Canal Administrator Ricaurte Vásquez Morales shared the strategies implemented and the results achieved in the 2023-2024 fiscal year in terms of ship transits and economic revenues from this operation.
The presentation titled “Adaptability in Times of Uncertainty,” addressed the social and environmental challenges faced by the Panama Canal, as well as short-, medium-, and long-term strategies aimed at ensuring the efficiency and reliability of the route in the international maritime market.
Vásquez explained that the strategy of auctioning transit slots during days of draft restrictions and reduced transits, due to the dry season, produced the expected financial and operational results. “We designed a different pricing structure based on the locks used by ships, thereby establishing a value for water usage. Other countries place an economic value on oil or minerals, and we have established the economic value of freshwater from the lake. This way, our strategy, adapted to the environmental reality, allowed us to optimize revenues, reduce operating costs, and maintain our competitiveness in the market,” highlighted the Canal Administrator.
During the forum, which brought together entrepreneurs and investors from Panama and the region, the long-term social and environmental strategies that are already yielding results were presented. These include land registry and titling programs in the Eastern Watershed of the Panama Canal, as well as agroforestry, forest protection, and other programs developed over the last decade with excellent results in the provinces of Panama, Panama Oeste, and Colón.
This vision of social, environmental, and economic development will be replicated in the Western watershed region, which includes communities along the banks of the Indio River, between the provinces of Coclé and Colón.
One of the economic innovations of the Panama Canal presented at this forum was the Long-Term Slot Allocation method. This strategy, progressing as planned, has begun bidding for shipping companies interested in purchasing transit slots for the next fiscal year, with very positive results.
Latest News
Hamburg and Estonia deepen strategic port cooperation
(Posted on 29/05/26)Hamburg’s Senator for Economic Affairs, Dr Melanie Leonhard, has welcomed Estonia’s Minister... Read more
Associated British Ports appoints new Group Head of Property
(Posted on 29/05/26)Associated British Ports (ABP), the UK’s largest port operator and one of the UK’s biggest... Read more
Associated British Ports appoints new Group Head of Property
(Posted on 29/05/26)Associated British Ports (ABP), the UK’s largest port operator and one of the UK’s biggest... Read more
King and Minister open Rotterdam section of Netherlands hydrogen network
(Posted on 25/05/26)King Willem-Alexander of the Netherlands has symbolically activated the first section of the national... Read more
Collaboration to explore alternative export hub on UAE East Coast
(Posted on 22/05/26)Abu Dhabi based AD Ports Group, a leading global enabler of integrated trade, industry and logistics... Read more
Hamilton welcomes new $135-million Sucro Can sugar refinery
(Posted on 14/05/26)Sucro Can Canada and HOPA Ports marked the official opening of Sucro Can’s new sugar refinery,... Read more
New Liebherr MHC enhances Belfast Harbour’s bulk handling capabilities
(Posted on 13/05/26)Belfast Harbour has made its latest investment in the development of the port with the arrival of a... Read more
Riga and AD Ports MoU marks new phase of cooperation
(Posted on 11/05/26)A Memorandum of Understanding has been signed in Riga between Abu Dhabi-based, publicly traded global... Read more
International conference “all about ports” launches in Hamburg
(Posted on 11/05/26)As an international conference accompanied by an exhibition, all about ports will address key future... Read more
ADMA satellite agreement to enhance efficient routing of minerals and agri products
(Posted on 04/05/26)Abu Dhabi Maritime Academy (ADMA), the Middle East region’s leading academic institution for maritime... Read more
