Long Beach and Panama Canal renew accord

With the renewal of the Memorandum of Understanding (MoU), first signed in December 2010, the two authorities have agreed to continue to share marketing ideas aimed at boosting trade between Long Beach and countries along South America’s east coast and in the Caribbean, via the Panama Canal.

“The Port of Long Beach is pleased to renew the MoU with Panama Canal as we continue to work together to increase our trade with the nations of Latin America,” said Port of Long Beach executive director Christopher Lytle. “We see this pact as a long-term, mutually beneficial agreement.”

The Panama accord covers marketing activities and the exchange of technical expertise in several areas, including engineering, training and environmental programmes and when fiorst signed two years ago, expanded an international network of maritime entities dedicated to pursuing green, sustainable developments. The Port of Long Beach has similar MoUs in place with several ports in China, Europe and Mexico.