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Peel and Panama to promote new trade routes

[ October 25, 2016   //   ]

Port of Liverpool owner Peel Ports has signed a memorandum of understanding with the Panama Canal Authority (ACP) to promote trade routes between Liverpool and the west coast of South America ahead of the opening of its Liverpool2 container terminal in early November.

The agreement was signed on 24 October by ACP administrator, Jorge Quijano,  and Peel Ports chief executive, Mark Whitworth (pictured, seventh from left), during a formal visit to the Port of Liverpool by a senior delegation from Panama.

Shipping industry officials were joined by the UK’s Panama Ambassador, Ian Collard, and Ariel Perez Price, the UK’s director of international trade in Panama.

Mark Whitworth said: “Liverpool and Panama have both responded to the growth of the global container ship fleet with major investment programmes in recent years to accommodate newer generations of container ships. The opening of the expanded canal has the potential to open up new markets for trade and has the potential to shift international trade patterns.”

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