Latin Business Chronicle asks leading experts about the Panama Canal’s results and outlook.
BY CHRONICLE STAFF
Are you surprised that the canal has been so successful in these ten years? Have you heard anything about the regular maintenance suffering? How do you view the outlook for the canal the next ten years?Latin Business Chronicle asked three leading experts. Our panel includes:
Paul Bingham, Managing Director, Global Commerce & Transportation at IHS Global Insight
Robert McMillan, former chairman of the Panama Canal Commission
Richard Wainio, Port of Tampa CEO and former planning director of the Panama Canal Commission
Latin Business Chronicle: Are you surprised that the canal has been so successful in these ten years?
McMillan: The successful operation of the Canal does not surprise me. And beyond the operation, the expansion project is another tribute to the high managerial skills of the Canals Administrator Alberto Aleman. While a portion of toll increases is due to higher tolls, one can still not overlook the job Alberto has done in his management role.
Bingham: I am not surprised given the focus of the management of the ACP to run the Canal as a serious business, planning for growth while managing to their bottom line. The ACP was...