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Peel Ports, ACP Panama MoU

The Panama Canal Authority has entered into a MoU with UK ports operator Peel Ports, as the latter gears up for the formal opening of its Liverpool2 container terminal in early November
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The agreement was signed yesterday (24th October) by Jorge L Quijano, Administrator of the ACP, and Mark Whitworth, CEO of Peel Ports Group, during a formal visit to the Port of Liverpool by a delegation from Panama.

High profile Panamanian government and business leaders including Roberto Roy, Minister of Canal Affairs, and Alejandro Moreno, Deputy Administrator of Panama Maritime Authority were shown around the port by Peel Ports’ COO Gary Hodgson.They were joined by the UK’s Panama Ambassador, Ian Collard, and Ariel Perez Price, the UK’s Director of International Trade in Panama.

The formal agreement creates a strategic alliance aimed at facilitating international trade and generating new business by promoting trade routes between Liverpool and the west coast of South America via the Panama Canal.

Peel Ports has long seen the expansion of the Panama Canal allowing passage for vessels up to around 14,000 TEU as the opportunity to create a new stream of traffic across the Atlantic, and the capabilities of Liverpool2 and the busy North West england hinterland will thus restore Liverpool's historic role in the UK's Atlantic trades.

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