PRPA and Panama Canal Authority co-promoting Asia route - Philadelphia Business Journal:

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The agreement, which is renewable after two will include joint marketing activities and sharing best practicewsand information, including market information on improvements and/or modernization efforts and personnel trainingb programs. “The strategic alliance with the Panama Canal Authority will increase job opportunities at our regional port s and attractnew business,” says PRPA Board Chairman John H. “This collaboration aligns with our mission to become one of the mostcompetitived U.S. East Coast seaports and has an increasingly marked contribution to the economidc health ofthe state.
” Half of all of the cargoo PRPA handled last year (1,906,343 long tons) was eithef on its way to or from the Canaol last year, which is up 17,000o long tons over the prior year. Expansion project are under way inboth areas. PRPA is sponsoring the five-to-sevenj year project to deeper the Delawarse River Main Channel from 40 feet to 45 The Panama CanalExpansiob Program, expected to be completed in will add a new lane of traffid along the Canal that will allow for wider ships and double