Tuesday , June 22 2021

Water supply will define the expansion of the Panama channel, says the administrator



Thus, Kuijano summarized Efe's perspective on the key issues for the waterway, which in the fiscal year 2018, ending September 30, had a tonnage increase of "9.5 percent", or from 403, 8 million tons displaced in 2017 it has grown to about 442 million tons.

It was projected to move 423.4 million tonnes in 2018.

In revenues, the jump was almost 5 percent, which would mean an increase of 3,037.5 million in the budget for 2018 to 3,189.37 million dollars in real numbers.

"We still do not know how much the final contribution will be (the state), but this is decided by the Steering Committee at the December meeting, but this will be more than last year, it will be something extra," he said.

In 2017, the contribution was 1,650 million (there were 1,593 million dollars as planned), and for the budget 2018 it has already been estimated that it will increase to $ 1,659.2 million.

Kuijano attributed this success partly "thanks to the realization of advanced sales to avoid falling tariffs" that the United States applied in a trade war with China.

By the year 2025, the construction of the fourth set of locks was considered, so Kuijano announced in September 2016 the establishment of a team to study this issue, which conditioned the "demand" of the market, but already in 2014 China Harbor Engineering Company (CHEC) for work.

"The fourth set of locks will depend on the factors mainly, and that's the water, if there is no water we forget about the fourth set of locks, the demand will be there, but we have to adjust how it is required," he said.

This is based on the fact that "in the nineties, the most important thing was the movement of grain, before they were tankers, today they are container ships, but tankers have taken the second place when you add gas carriers to oil and gas products. collect more from the bulk carrier in bulk ".

The third set of locks "reflects the size of a ship focused on the container carrier, and by accident there is a liquid natural gas, that is, the ability to adapt to our infrastructure and business models are those who have given us the ability to move into a very robust business."

"Our infrastructure is not a thing built from one day to another, it took us 9 years to expand, it's not the same as every three, four months, make the chip, to build a new lock, it will last 8 years," he confirmed.

As for the proposal to open Darien Gap, the only land area on which the Panameric Highway was interrupted on its way from Alaska to Tierra del Fuego, she said she had "a sense".

The plug, on the border with Colombia, "has served (not) its intentions" against the spread of illness, drug trafficking, irregular migration, so that "before" think openly "requires a plan" to prevent anomalies and also deal with the ecological aspect .

"You're communicating with a large producer country (Colombia) that could use our channel as its export point over its ports, so there's a lot of potential there," but "there is a commercial barrier that we need to solve now, useless open doors to Colombia to use us , and Colombia does not give us this opportunity, "he added.

He is convicted that "watching him from a strictly commercial point of view makes all the world feel".

According to arbitration, according to Spanish Sacir, run by a consortium that built the third set of locks, for $ 5.673 million, Kuijano said that by the end of the year he does not believe that "there is any new development".

"There are still plenty of materials in these things, as soon as we know something if we improve one arbitration that we are going to say, we still have an arbitration in January in Miami, exact dates that we do not yet have but the result will not be seen, so it is complicated that these arbitrations at least eight to ten months before the arbitrators decide on these issues, "he argues.

The administrator said they are "well prepared for this" and expect "success".


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