Title: News from ... the Panama Canal
Full Citation
Permanent Link: http://ufdc.ufl.edu/UF00099414/00013
 Material Information
Title: News from ... the Panama Canal
Physical Description: Serial
Language: English
Publisher: Autoridad del Canal de Panama
Place of Publication: Balboa, Panama
Publication Date: December 2005
 Record Information
Bibliographic ID: UF00099414
Volume ID: VID00013
Source Institution: University of Florida
Holding Location: University of Florida
Rights Management: All rights reserved by the source institution and holding location.


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Message from the Administrator

Since the Republic of Panama assumed
responsibility for the operation and
administration of the Panama Canal, each
passing year has been a source of pride, as our
workers have successfully managed the many
challenges faced by our organization, placing
emphasis in improving service and enhancing
reliability for the benefit of the maritime
community that use the Canal route.

Fiscal year 2005 was a remarkable, record-
setting interval for the Panama Canal
Authority (ACP). The number of oceangoing
transits peaked to 12,648 transits from
12,518 in FY 04. Moreover, Panamax vessel
transits increased 5.7 percent to 5,633
transits. Another major milestone was the
increase of tonnage handled by the ACP.
Panama Canal/Universal Measurement
System (PC/UMS) tonnage increased 4.6
percent to 279.1 million PC/UMS tons in fiscal
year 2005. The full container vessels segment,
with a contribution of 97.8 million PC/UMS
tons, is largely accountable for this increase,
followed by the dry bulk segment with 55.1
million PC/UMS tons.

During FY 05, transits of vessels 900 feet or
more in length overall increased 10 percent -
to 1,310 transits from 1,190 in FY04.

By the end of fiscal year 2005, the Canal
registered 14,011 transits and reported 12
official accidents. Additionally, Canal Waters
Time (CWT), the average time it takes a vessel
to navigate the Canal, including waiting time
for passage, was reduced 7.8 percent to 24.6
hours from 26.7. This reduction in CWT is the
result of a special lockage method that allows
for the replacement of the locomotive tow
tracks to occur without interrupting the transit
of vessels through the waterway. This
improvement is the result of considerable hard
work as well as the talent and leadership of our
operations personnel.

Furthermore the ACP continues to stay the
course, to do what works best. This is why
we are confident that our detailed planning,
improvements/investments and capacity-
building projects will allow us to maintain
reliability and customer service to keep pace
with growing demand.

Exclusive of a potential expansion, we are
working toward achieving a capacity of 330
million PC/UMS tons as early as 2009 or
2010. In the near future, we will announce
the availability of a new tie-up station north
of Pedro Miguel Locks that will add capacity,
bringing the Canal's capacity close to 300
million PC/UMS tons. The locomotive tow
track replacement project is slated for
completion by 2007, and will reduce
outages and enhance capacity, reliability
and quality of service. Moreover, we hope to
add the first eight of the latest and more
powerful tugs to our tugboat fleet.

All of these projects are being carried out
with one objective in mind: to guarantee
that our customers continue to receive a
high quality of service. In this holiday
season, we thank all of our customers for
their confidence in choosing the Panama
Canal route and would like to acknowledge
that their continued support is vital to
serving world trade.



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Panamax transits continue

Preliminary transit statistics for oceangoing transits
registered an increase of one percent to 12,648
oceangoing transits from 12,518.

Transits of Panamax-size vessels, measuring 100-feet or
more in beam, registered a 5.7 percent increase to 5,633
transits from 5,329 in FY 04. Transits of Panamax-size
vessels held a 44.5 percent share of total oceangoing

The enclosed table illustrates a monthly comparative
breakdown by fiscal year.

Month FY 2004 FY 2005 % of Change

October 428 493 15.2%
November 464 482 3.9%
December 468 469 0.2%
January 437 475 8.7%
February 420 438 4.3%
March 453 483 6.6%
April 445 486 9.2%
May 473 492 4.0%
June 452 459 1.5%
July 43 463 6.4%
August 444 480 8.1%
September 410 413 0.7%

Total 5.329 5.633 5 7%o

More Canal bookings slots to be
made available; program for
enhancing capacity is underway
During fiscal year 2005, the ACP conducted a customer
satisfaction survey to assess Canal operations. The
survey revealed that a significant number of Canal
customers are concerned about a perceived lack of
sufficient booking slots (especially during periods of lane
outages) and the waterway's capacity limitations.

The increase in demand is evidenced by the number of
requests received for the booking system, which spiked
91.3 percent from 86.9 percent in FY 04. In FY 06, only
two lane outages to perform routine maintenance have
been scheduled to provide vessels with greater
availability and make it easier to obtain reservations. In
addition, in January 2006, two additional booking slots
will be created to provide shippers with greater selection.

Some capacity-building projects slated for completion
in 2006-2007 include: the construction of a new tie-up
station north of Pedro Miguel Locks, the locomotive
fleet and tow track replacement program, and the
acquisition of eight more powerful and maneuverable
tugboats. All of these improvements will reduce the
need for lane outages, therefore enhancing capacity,
reliability and quality of service. The Panama Canal's
sustained capacity is now at approximately 93 percent.

Considering the continuous increase in demand, the
ACP is completing its long-term strategic business
plan, the "Master Plan", that will determine the future
of the Canal up to 2025, including projects underway,
new modernization and improvement initiatives and
whether to expand the Canal (a decision that has not

New Port Project
The Republic of Panama is launching the new
Greenfield Container Terminal Project at the west side
of the Pacific entrance of the Panama Canal. The
project's initial phase consists of: an area of 112
hectares to be developed with 1,600 meters of quay, a
yearly capacity of 2.4 million TEUs and 15 meters draft.
The port will be a new state-of-the-art container
terminal, capable of handling the largest generation of
Post-Panamax vessels in today's orderbook. With this
new port, Panama will provide additional port capacity
to capture the increasing demand in the transshipment
business. The ACP is actively involved in this project as
it is part of the country's maritime strategy. For
additional information on the port, please contact:
megapuerto@presidencia .gob. pa

Avian Flu Declaration Required

The ACP is concerned with the recent outbreak of the
avian flu that has generated alarm in many countries.
For this reason, although vessels are required to
declare animal and diseases on board, as well as their
last 10 port calls, the ACP will also require vessels to
declare the following information in the "visit remarks"
section of the Electronic Data Collection System's
(EDCS) Ship Due form, prior to their arrival at Canal

* Whether any reported birds (any type) have died on
* Whether any of the declared port calls are located in

countries identified as having outbreaks of avian flu;
* Whether passengers or crewmembers on board are
experiencing flu-like symptoms, and what has been
the evolution of such condition.

Declaration of the above mentioned information is
imperative in order to apply the appropriate measures to
prevent any possible spreading of this virus.

ACP Administrator/CEO
Participates in the 2005 World
Shipping Summit

Panama Canal Administrator/CEO Alberto Aleman Zubieta
participated in the "World Shipping Summit" conference on
November 1-2, 2005, held in Shanghai, China. The event
was attended by world leaders in the shipping sector and
served as a forum for the analysis of major trends,
opportunities and challenges of world trade, especially
those originating from Asia, which is very important for the
Panama Canal. Administrator/CEO Alberto Aleman Zubieta
briefed participants on the waterway's permanent
modernization program and the efforts being made by

Panama to ensure that the Canal remains a major
shipping route.

Suez Representatives
Meet with Canal Officials

During the second week of November, a Suez Canal
delegation traveled to Panama for the inauguration of the
Suez Canal Hall at the Interoceanic Museum of the
Panama Canal. During their visit to Panama, the
delegation had the opportunity to meet with top
management at the ACP and get to know the waterway.
The ACP management and the Suez representatives
exchanged information related to the growth in world
trade, operations, dredging work and navigational
regulations. The Suez representatives also made a partial
transit through the Gaillard Cut and toured the Miraflores
Locks Visitors Center, the ACP Simulator Center and the
ACP's Dredging Division.

The Suez Canal delegation at the Miraflores Locks Control House.
From left to right: Mr. Mohamed Nasr Elsayed Abdel Nasser Ibrahim,
Head of Admeasurement Control; Mr. Mahmoud Ahmed Mahmoud
Rezk, Planning & Research Department General Manager; Capt.
Mohamed Fawzy Mohamed, Chief Pilot and Marine Superintendent of
the Transit Department; and Engineer El Said Zakaria El Saaty,
Planning and Research Department Director.

Scedle Lock Maneac Work Fsa er20

June 14-23/06
July 11-20/06
August 12-14/06
August 20-24/06
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Lane w-restrictions (10d)
Lane w-restrictions (10d)
Lane w-restrictions (3d)
Lane Outage (5d)
Lane w-restrictions (5d)
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Panama Canal Authority strikes
strategic alliance with the
Tampa Port Authority
On October 6, 2005, the ACP and the Tampa Port Authority
subscribed a Memorandum of Understanding (MOU) that
seeks to increase cooperation and boost trade along the
"All-Water Route," the route from Asia to the Gulf Coast of
the United States via the Panama Canal.

More than 60 percent of the Panama Canal's traffic
originates from or destined for to the East Coast of the
United States. In the last five years, the container segment
has grown at an annual average rate of 14 percent in terms
of tonnage, creating jobs and contributing to economic
development of the maritime industry in Panama.

"We are very excited to begin this new relationship with the
Tampa Port Authority. Tampa is one of the fastest growing
ports in the United States. We look forward to working with
them to provide a safe, reliable and efficient service to our
customers and serve the anticipated traffic and tonnage
growth of the 'All-Water Route,'" said Canal
Administrator/CEO Alberto Aleman Zubieta. "There will be
real, tangible benefits from this agreement between the
ACP and Tampa a win-win situation for our customers, the
people living in Tampa/Central Florida and the Canal. The
joint marketing, exchange of ideas and the sharing of
information on modernization projects demonstrate our
desire to execute solutions for the long-term growth needs
of the shipping community and international trade,"
Aleman concluded.

Signing ceremony of the MOU between the Tampa Port Authority
and the ACP. From left to right: Pam lorio, Mayor of Tampa; Alberto
Alem n Zubieta, Panama Canal Authority Administrator/CEO; and
Commissioner Gladstone Cooper, Chairman, Tampa Port Authority.

Speaking on behalf of the Tampa Port Authority, Tampa Port
Director and CEO Richard Wainio said, "The Tampa Port
Authority is pleased to sign this important Memorandum of
Understanding with the Panama Canal Authority. This new
alliance focuses on promoting the 'All-Water Route' between
Asia and the Gulf Coast via the Panama Canal and is
important not just for the Port of Tampa and the Canal, but
also for international trade. The region is experiencing
strong cargo growth and the Tampa Bay/Central Florida
market in particular is one of the fastest growing in the
United States."

President Bush Visits the Canal

On November 7, the
President of the
United States of
America, George W.
Bush, and his wife,
." First Lady Laura
ft Bush, visited the
Panama Canal as
part of an official
Strip to Panama.

SThe President and
.: the First Lady
enjoyed their tour of
the Miraflores Locks where they were briefed on the
operation of the Canal. President Bush stated, "I am most
impressed by the management of the Canal. Those who are
responsible for the Panama Canal have done an excellent
job, and this is beneficial to the world."

While in Panama, President Bush told President Torrijos:
"I'm fully aware that 25,000 of our citizens live in your
beautiful country. I can see why: It is a beautiful country.
Panama City is a modern, progressive city and your
government is a modern, progressive government. I
congratulate you for your fiscal reforms. I congratulate you
for the strong growth of your economy. I appreciate your
transparency. I appreciate your strong commitment to
fighting corruption. It sends a clear signal not only to the
people of this important country, but also to people
throughout the region."

I We wan you comet for mor inomto 01

Your comments and suggestions are very importantto us. If you need additional
copies mailed to other officials within your corporation, please contact us at the
address indicated in the next box.

Panama Canal Authority
Corporate Planning and Marketing (PM)
P.O. BOX 526725
Miami FL. 33152-6725

Tel. (507) 272-7961
Fax: (507) 272-1416
e-mail: customerelations@pancanal.com

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