Monday , August 15 2022

Water supply will define the expansion of the Panama Canal, according to Kuijane


"If there is no water, let's forget the fourth set of locks" Panama Canal; "It makes sense" opening Darien plug and "still need a lot of cloth for cutting" in arbitration for the third set of locks with Spanish Sacirsaid the administrator of the road, Jorge Luis Kuijano.

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So, without hesitation, he summed it up Kuijano on Akan-Efe's perspective on key issues for the waterway, which in the fiscal year 2018 ended on September 30th, had a tonnage increase of "9.5 percent", or from 403.8 million tonnes moved in 2017 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.

By the year 2025, the construction of the fourth assembly of locks was considered,

Kuijano partly attributed this success "thanks to the realization of advanced sales in order to avoid falling tariffs" United States in a commercial war with China

By the year 2025, the construction of the fourth set of locks was considered, even Kuijano in September 2016 announced the constitution of the team to study this issue, which conditioned the "demand" of the market, but in 2014 the company China Harbor Engineering Compani (CHEC) expressed interest in 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 now.

That's what keeps it "In the nineties, the most important thing was the movement of grain, before tankers were, today they are container ships, but tankers have taken the second place when you add gas carriers to oil and gas products. increase more than the carriers. "

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."

9 years for expansion

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

As for the proposed opening Darien plug, the only part of the country where it is Panameric Highway was interrupted on the road Alaska up Tierra del FuegoHe said, "It makes sense."

Zipper, at the border with Colombia, "Served for its purpose" against the spread of illness, drug trafficking, migration irregular, so that "before" he thinks he has opened a "plan is needed" to prevent these anomalies and also take care of the phenomenon environmental

Opening Darien's void

"You communicate with a great state of the producer (Colombia) which our channel could use as its point of export more than its ports, so there is great potential there, "but" there is a commercial barrier that we need to solve at this time, there is no need to open the door Colombia to benefit 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".

Arbitrage, according to Spanish Sacir, led by a consortium that built the third set of locks, for $ 5,673 million, Kuijano He said that by the end of the year "I think I do not know anything new".

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"There is still a lot of materials that should be reduced to these issues, as soon as we know something if we improve one of the arbitrations we will say, we still have an arbitration in January Miami, the exact dates that we do not yet have, but the result will not be visible due to the complexity of these arbitrations, at least eight to ten months before the judges decide on these issues, "he argues.

The administrator said: "We prepare well for this, we hope that we will succeed."

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