Happy Wednesday! Let’s get started.
We like to keep up with the happenings at the Panama Canal
and over the years their plans have included preparing for future droughts,
adjusting transits, and embracing lower emission policies. At the end of May, there was a major announcement
made by the Panama Canal Authority which there was going to be a changing of
administrators and the Board appointed it’s first woman, and now the day has
arrived. (Check out our Blog for
details.)
Did anyone happen to read the gCaptain Daily
Newsletter on September 8, 2026, their article titled, “New Panama Canal
Chief Takes Office With Water, Expansion Projects in Focus”? In the article, it speaks on how IIya Espino
de Marotta has officially taken the helm of the Panama Canal on September 7,
2026, at an official ceremony, and as the new Panama Canal Authority (APC) Administrator
she will be navigating the APC’s strategic plans for the canal. Ms. Espino de Marotta will be leading the canal
through its current woes as the freshwater table has been lowering due to the
strengthening of El Niño and recent rainfall was lower than expected this summer. She will be advancing the APC’s current plans
of working to bring the Río Indio reservoir to reality, as well as new container
terminals on both coasts and other transportation framework including the
proposed pipeline connecting the Atlantic and Pacific. Espino de Marotta has proven to be an effective
leader who has decades of experience at the canal, and a track record of successful
projects including its Neopanamax locks, as well as other capital projects which
has helped the canal become what it is today. She is an Aggie, too! Whoop! We wish IIya Espino de Marotta luck in her new
position. We will let you know, if we hear anything else interesting from the
Panama Canal. If you would like to read
more of the article from gCaptain’s, please click the link: New Panama Canal Chief Takes Office With Water, Expansion Projects in Focus.
If you would like help in looking into how to update your
midstream terminal, contact us via email in the Blog and check out ESC's
website for contact information.
We hope you
have a wonderful evening!
**Disclaimer: You may be
charged a fee to read the gCaptain’s article. **