Veniamis-owned Capesize vessel set to start trials of expanded Panama Canal locks

Speaking with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), Mr. Jorje Quijano, Panama Canal Administrator discussed the final details ahead of the official launch of the new, expanded Panama Canal. According to Mr. Quijano, today will mark the final trials of the new Atlantic locks, with a Capesize owned by Golden Union, the company which is headed by the President of the Union of Greek Shipowners, Mr. Theodore Veniamis. Also, Mr. Quijano noted that the first vessel to do a full cross of the Panama Canal will be a Cosco-owned neopanamax container ship, which will depart from the port of Piraeus to arrive at Panama Canal.

Mr. Quijano also discussed with us the future prospects of the Panama Canal, as it looks to capture back its market share, lost to other competitors over the years, like the Suez Canal. He was also very optimistic regarding the potential of the LNG shipping market and the US LNG export trade.

Source: Hellenic Shipping News Worldwide