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Title Panama Canal and Maryland Port Administration Forge Ties to Increase Economic Growth
Date Posted 6/9/2009
URL http://www.marylandports.com/news/press/2009/PanamaCanalAuthorityandMarylandPortAdministrationAnnounceAgreement.pdf
Description In order to help stimulate trade, assist in information sharing, and support the use of an "All-Water Route" from Asia to the United States' East Coast, the Panama Canal Authority has finalized a Memorandum of Understanding with the Maryland Port Authority. Some of the specific areas the two entities will focus on are research and data interchange, marketing, technical advancements, and personnel training programs. Maryland Port Authority is also working on increasing their capacity as it is expected that the Panama Canal Expansion Program will bring larger ships to the East Coast of the United States. The Port of Baltimore is currently one of only two ports on the Eastern Coast of the United States with a 50-foot channel.
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