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1
PANAMA MARITIME AUTHORITY
UPDATE
Prepared for:
INTERTANKO
LATIN AMERICAN PANEL
PRESENTATION PRESENTATION CONTENTSCONTENTS
Objective:Objective: To update the distinguish INTERTANKO panel on the changes To update the distinguish INTERTANKO panel on the changes and projects in the Panamanian Administration.and projects in the Panamanian Administration.
Contents:Contents:I.I. New registry requirements to for tankersNew registry requirements to for tankersII.II. CircularsCircularsIII.III. Casualty SectionCasualty SectionIV.IV. ComplianceCompliance SectionSectionV.V. Segumar Office RestructureSegumar Office RestructureVI.VI. Port State Control SectionPort State Control SectionVII.VII. SurveyorSurveyor’’s Trainings TrainingVIII.VIII. MARPOL 73MARPOL 73--78 Section78 SectionIX.IX. SystematizationSystematizationX.X. New buildingNew buildingXI.XI. Satellite MonitoringSatellite MonitoringXII.XII. Audits to Recognize OrganizationsAudits to Recognize OrganizationsXIII.XIII. Audits Audits byby International Maritime OrganizationInternational Maritime OrganizationXIV.XIV. New Changes to International RulesNew Changes to International Rules
NEW REQUIREMENTS FOR NEW REQUIREMENTS FOR REGISTRATION OF TANKERSREGISTRATION OF TANKERS
New procedures have been taking into account, New procedures have been taking into account, specially in regard to the technical compliance specially in regard to the technical compliance
of tankers before the registration.of tankers before the registration.
OBJETIVESOBJETIVES::Factual control over the fleetFactual control over the fleetFull oversight in technical aspects and structural Full oversight in technical aspects and structural condition.condition.To offer an easy and safe process of registration To offer an easy and safe process of registration according to the applicable requirements. according to the applicable requirements.
NEW PROCEDURES FOR THE EVALUATION NEW PROCEDURES FOR THE EVALUATION OF TANKERSOF TANKERS
SubmissionSubmission of the Technical Documentsof the Technical DocumentsEstablish the specific type of shipEstablish the specific type of shipIn case of Oil Tanker, require IOPP certificate and Form In case of Oil Tanker, require IOPP certificate and Form BBIn case of Ship other than Oil tankers, require IOPP In case of Ship other than Oil tankers, require IOPP certificate and Form Acertificate and Form AAnalyzing the IOPP certificate, we determine the hullAnalyzing the IOPP certificate, we determine the hull’’s s type (single or double), or the configuration and subtract type (single or double), or the configuration and subtract off the principal facts of the vesseloff the principal facts of the vesselIn case of single hull Oil tanker, we request for the In case of single hull Oil tanker, we request for the necessary documents to complete the evaluation necessary documents to complete the evaluation
Once evaluated, the technical department issued a Once evaluated, the technical department issued a statement, and record it on the Data base as, well as statement, and record it on the Data base as, well as proceed to authorized or reject the registration proceed to authorized or reject the registration applicationapplication
2
REGISTRATION ACCORDING SHIPREGISTRATION ACCORDING SHIP’’S S TYPE (tankers)TYPE (tankers)
**some additional documents are required according the shipsome additional documents are required according the ship’’s types type
OIL TANKERS or OIL/CHEMICAL TANKERSOIL TANKERS or OIL/CHEMICAL TANKERSTanker of 5000 tons deadweight and aboveTanker of 5000 tons deadweight and aboveTanker of 600 tons deadweight and aboveTanker of 600 tons deadweight and above butbut lessless thanthan 5,0005,000
CHEMICAL TANKERSCHEMICAL TANKERSLPG or LNG TANKERSLPG or LNG TANKERSOTHER CARGOSOTHER CARGOSSUPPLY VESSELSSUPPLY VESSELS
Carrying oil productsCarrying oil productsNot carrying oil productsNot carrying oil products
SELF PROPELLED BARGESSELF PROPELLED BARGESNONNON--SELF PROPELLED BARGESSELF PROPELLED BARGES
OIL TANKER OR OIL & CHEMICAL TANKER OIL TANKER OR OIL & CHEMICAL TANKER –– SINGLE SINGLE HULLHULL
(5000 ton and above)(5000 ton and above)*technical documents required for registration*technical documents required for registration
IOPP Certificate *IOPP Certificate *and Form Band Form B
Class CertificateClass CertificateCapacity plan/MidCapacity plan/Mid--ship sectionship sectionGeneral arrangement planGeneral arrangement planDate to complete the CASDate to complete the CASDeclaration of productsDeclaration of productsSMC, DOC, ISSCSMC, DOC, ISSCSAFCON CertificateSAFCON CertificateBlue cardBlue card
CHEMICAL TANKERS; LPG CHEMICAL TANKERS; LPG oror LNG TANKERS ; LNG TANKERS ; OTHER CARGOS, SUPPLY VESSELOTHER CARGOS, SUPPLY VESSEL
** carrying cargoes other than oil productscarrying cargoes other than oil products
IOPP certificate *and form a IOPP certificate *and form a Class certificate Class certificate Declaration of the ship service and products (by Declaration of the ship service and products (by owner)owner)Document of compliance (DOC)Document of compliance (DOC)Safety management certificate (SMC)Safety management certificate (SMC)In case of exemptions for chemical tankers or In case of exemptions for chemical tankers or oil/chemical tankers is required:oil/chemical tankers is required:
Copy of the certificate of fitness for the carriage of dangerousCopy of the certificate of fitness for the carriage of dangerousgoods in bulk (COF)goods in bulk (COF)Steel exp. plan, / Midship sectionSteel exp. plan, / Midship sectionStatement of class society indicating the vessel is in Statement of class society indicating the vessel is in compliance with all the technical requirements applicable compliance with all the technical requirements applicable under regulation 4.1.3 MARPOL 73/78, Annex IIunder regulation 4.1.3 MARPOL 73/78, Annex II
NONNON--SELF PROPELLED SELF PROPELLED BARGESBARGES
CLASS CERTIFICATECLASS CERTIFICATE
IN CASE OF CARRYING OIL PRODUCTS, IT HAS TO IN CASE OF CARRYING OIL PRODUCTS, IT HAS TO COMPLY WITH ALL THE REQUIREMENTS OF AN OIL COMPLY WITH ALL THE REQUIREMENTS OF AN OIL TANKER (PROVIDE THE DIMENSIONS AND TANKER (PROVIDE THE DIMENSIONS AND CARRYING CAPACITIES)CARRYING CAPACITIES)
IN CASE OF CARRYING CHEMICALS, or CARGOS IN CASE OF CARRYING CHEMICALS, or CARGOS DIFFERENT THAN OIL PRODUCTS, SHALL COMPLY DIFFERENT THAN OIL PRODUCTS, SHALL COMPLY WITH ALL THE REQUIREMENTS APLICABLES TO WITH ALL THE REQUIREMENTS APLICABLES TO SHIPSHIP’’S OTHER THAN OIL TANKERSS OTHER THAN OIL TANKERS
SINGLE HULL vs DOUBLE HULL STADISTIC ON 2006
45%
55%
Single Hull - Oil TankersDouble Hull - Oil Tankers
This administration expects to convert the % ratio to double hull according to the phase out between 2008 and 2010
This administration expects to convert the % ratio to double hull according to the phase out between 2008 and 2010
0102030405060708090
oil tkr &combination
tkr
FPSO FLS tkr
STADISTIC OF VESSELS EVALUATED ACCORDING TO THE NEW
REQUIREMENTS IN 2006oil tkr & combination tkrFSU chemical tkrFPSOLNG tkrLPG tkrFLS tkrOil Barge
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SOME INDUSTRY COMMENTSSOME INDUSTRY COMMENTS
Some parties in the industry have criticized Some parties in the industry have criticized the prior registration an monitoring the prior registration an monitoring requirements, in particular those pertaining requirements, in particular those pertaining oil tankers.oil tankers.
SOME SAMPLES OF RESOLTIONS AND SOME SAMPLES OF RESOLTIONS AND TECH.CIRCULARS ISSUED RELATED TO TECH.CIRCULARS ISSUED RELATED TO
TANKERS AND OTHER SHIPSTANKERS AND OTHER SHIPSCircular 101Circular 101--0303--009009--SDGMM and Resolution No. 106SDGMM and Resolution No. 106--5151--DGMM / DGMM / April, 2005April, 2005 (Implementation of the new amendments to the MARPOL (Implementation of the new amendments to the MARPOL Convention)Convention)Circular No. 106Circular No. 106--0303--DGMM, June 2006,DGMM, June 2006, (Registry Procedures for (Registry Procedures for Oil Tankers)Oil Tankers)Circular 101Circular 101--0303--1010--SDGMM, June, 2005;SDGMM, June, 2005; (Annex VI, MARPOL (Annex VI, MARPOL ““Air PollutionAir Pollution””) ) Circular 101Circular 101--0303--007007--SDGMM, April, 2006;SDGMM, April, 2006; ((Necessary documents to Necessary documents to complying with CAS)complying with CAS)Merchant Marine Circular No.143, April, 2005;Merchant Marine Circular No.143, April, 2005; (Condition (Condition Assessment SchemeAssessment Scheme))Merchant Marine Circular No. 147, January, 2007;Merchant Marine Circular No. 147, January, 2007; (IBC Code and (IBC Code and Annex II MARPOL Amendments)Annex II MARPOL Amendments)Merchant Marine Circular No.148, January, 2007;Merchant Marine Circular No.148, January, 2007; (Annex I(Annex IMARPOLMARPOL ““Oil record Book AmendmentOil record Book Amendmentss’’’’))
CASUALTY SECTIONCASUALTY SECTIONCREATION OF CASUALTY CREATION OF CASUALTY
SECTIONSECTION
Background: In 2004 a serious evaluation and Background: In 2004 a serious evaluation and compromise was made to create a separate body fully compromise was made to create a separate body fully dedicated to investigate casualtiesdedicated to investigate casualtiesObjective: To comply with SOLASObjective: To comply with SOLAS´́74 R 21 and 74 R 21 and resolution A.849(20) as amended.resolution A.849(20) as amended.To evaluate and subtract lessons and avoid recurrence To evaluate and subtract lessons and avoid recurrence in the future.in the future.
18
28 2621
29
22
32
19
2730 30
20
0
510
15
2025
3035
MONTHLY
Casualty Stadistics 2006 JanFebMarAprMayJunJulAugSeptOctNovDec
TYPES OF INITIAL EVENTS TYPES OF INITIAL EVENTS -- 20062006
514
27
2 7 7 3 112
72
17 24 27
51
2
31
0
20
40
60
80
Collision Contac N/DeathFire/Explo. Grounding Bad weatherStructural damage Sinking IncidentS/G Prob Engine trouble Serious injuryInmovilization Terrorist act Others
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CASUALTY CONSEQUENCESCASUALTY CONSEQUENCES
34 36
17 1919
42
1417
5 3
68
0
10
20
30
4050
60
70STRUCTURAL DAMAGE
DRYDOCK REPAIRS
TOTAL LOSS
LOSS OF LIFE
PERSONS MISSING
TUG ASSISTANCE
REFLOAT
POLLUTION
EXPLOSION
SERIOUS INJURY
NONE
TYPES OF CASUALTIES ACCORDING TO TYPES OF CASUALTIES ACCORDING TO RESOLUTION A.849 (20) ON 2006RESOLUTION A.849 (20) ON 2006
6677
159
0
20
40
60
80
100
120
140
160
Veryserious
Serious MaritimeIncidents
Very seriousSeriousMaritime Incidents
INVESTIGATION ACCOMPLISHEDINVESTIGATION ACCOMPLISHED
53
61
4850525456586062
INVESTIGATIONFINALIZED
INVESTIGATIONUNDER PROCESS
TYPES OF VESSEL INVOLVED IN CASUALTIESTYPES OF VESSEL INVOLVED IN CASUALTIES
16%
17%
16%
5%3%
6%9% 8% 2%
11%
6%1%
Barge
General CargoCargo
RO-ROCement Carrier
Chemical TkrDiving Vessels
Carga GeneralSeaplane
TankersDredger
Supply
Causes Causes of Casualtiesof Casualties
22
78
11 1216
139
100
20
40
60
80
100
120
140Not properly trained crew
Improper maneuver
Poor Maintenance ofEngines
Fault on the acustic signs
Insufficient Confirmationof the Ships positions
Poor Maintenance ofVessels
Human error
Others
Compliance DepartmentCompliance Department
OBJETIVESOBJETIVES: : To ensure the correct enforcement of To ensure the correct enforcement of ratified International and national regulationsratified International and national regulations..FUNCTIONSFUNCTIONS: : Coordinate the position of the Coordinate the position of the administration about new regulations in full administration about new regulations in full coordination with IMO permanent mission staff.coordination with IMO permanent mission staff.Point of contact for communication exchange with Point of contact for communication exchange with international organization and Administration.international organization and Administration.Development of new technical guidelines Development of new technical guidelines IMO Voluntary Audit scheme preparationIMO Voluntary Audit scheme preparationAssuring quality system includes safety, environmental Assuring quality system includes safety, environmental
policies and controls.policies and controls.
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SegumarSegumar Office RestructuresOffice Restructures
New technical and administrative staff was New technical and administrative staff was hired to improve the servicehired to improve the serviceNew paperless and electronic data base New paperless and electronic data base system was createdsystem was createdNew New SegumarSegumar offices in Asia as another offices in Asia as another pillar to offer a better servicepillar to offer a better service
PORT STATE CONTROL PORT STATE CONTROL SECTIONSECTION
A separate section was created to segregate Flag State Inspections, Inland ships inspectors and others to carry out inspections and monitor the compliance of the Panamanian ships and foreign vessels calling in our ports.
PORT STATE CONTROL PORT STATE CONTROL SECTIONSECTION
Inspect foreign vessels.Inspect foreign vessels.
Analyzed PSC detentions made to Panamanian Analyzed PSC detentions made to Panamanian vessels.vessels.
Analyzed Contraventions made by Panamanian Analyzed Contraventions made by Panamanian vessels.vessels.
Suggest penalties to vesselSuggest penalties to vessel’’s operators that do not s operators that do not comply with PSC requirements.comply with PSC requirements.
Make sure that the vessels correct every deficiency Make sure that the vessels correct every deficiency found by PSC authority.found by PSC authority.
Appeal if no ground for detention was foundAppeal if no ground for detention was found0
5
10
15
20
25
30
35
Jan-Mar Apr-Jun Jul-Sept Oct-Dec
LOCAL PORT STATE CONTROL STADISTICS (2006) 3/M COMPARISON
InspectionsDeficiencyNo DeficiencyDetained
NOTE: This graphic reveals the PSC inspections made by the Panamanian Authority.
0100200300400500
2004 2005 2006
MOU´S PSC DETENTIONS RECIEVED IN PANAMA
ACCORDING TO THE YEAR OF CONSTRUCTION
20 YEARS & ABOVE BETWEEN 15 & 20 YEARS BETWEEN 10 & 15 YBETWEEN 5 & 10 Y BETWEEN 0 & 5 Y
PORT STATE CONTROL INSPECTIONS PORT STATE CONTROL INSPECTIONS CARRIED OUT TO PANAMA VESSELSCARRIED OUT TO PANAMA VESSELS
0
1000
2000
3000
4000
5000
6000
7000
2000 2001 2002 2003 2004 2005
PARIS MOU
TOKYO MOU
USCG
INDIA MOU
NOTE: Information take from MOU’s annual reports.
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PORT STATE CONTROL DETENTION CARRIED OUT TO PANAMA FLAG
VESSELS
0
50
100
150
200
250
300
350
400
2000 2001 2002 2003 2004 2005
PARIS MOU
TOKYO MOU
USCG
INDIA MOU
VIÑA DELMAR
NOTE: Information taken from MOU´s annual reports.
PORT STATE CONTROL DETENTION RECEIVED IN PANAMA
0
50
100
150
200
250
300
2000 2001 2002 2003 2004 2005 2006
ABUJA MOU
BLACK SEA
CARIBBEAN
INDIA MOU
MED MOU
PARIS MOU
TOKYOMOU
USCG MOU
VIÑA MOU
NOTE: Information taken from Panama Port State Control data base, which is made according to the amount of PSC detention reports received from MOUs, ships o any other company involved
INSPECTORS TRAININGINSPECTORS TRAININGAdvance Port state Control Inspection
Ships Structure
Welding
Inspections of LPG
Ultrasonic Inspections and NDT
Inspections of Oil tankers and Bulk carriers
Plans and drawings interpretation
Casualties investigation
Load Lines Calculation
Tonnage calculation
Annex VI
ISM/ISO
CREATION OF MARPOL 73/78 CREATION OF MARPOL 73/78 SECTIONSECTION
CAS evaluation *CAS evaluation *((CAS CAS authorization and issuance ofauthorization and issuance of the the Statement of Compliance)Statement of Compliance)
Extension and Exemption Extension and Exemption **(Issuance of Extension or Exemption Certificates)(Issuance of Extension or Exemption Certificates)
Annex VI Annex VI Annex II *Annex II *(and IBC Code new amendments)(and IBC Code new amendments)
IOPP evaluation *IOPP evaluation *(Necessary evaluation of registered and new registry tankers)(Necessary evaluation of registered and new registry tankers)
SYSTEMATIZATIONSYSTEMATIZATIONOBJETIVES:OBJETIVES: To introduce To introduce an easy and secure electronic system an easy and secure electronic system to offer a better service up grating the modern maritime fieldto offer a better service up grating the modern maritime fieldADVANGES:ADVANGES:PaperPaper--less less officeoffice24/7 24/7 call center support for technical and registration aspects, call center support for technical and registration aspects, E learning, E learning, Online consulting, Online consulting, Instant answers, Instant answers, More control,More control,Secure issuance of documents for ships and seafarers with the laSecure issuance of documents for ships and seafarers with the latest test technology, technology, Centralized information, Centralized information, 75% reduction in answering time, 75% reduction in answering time, Online connections with consulatesOnline connections with consulates
Timing:•Phase 1: includes General Directorate of Seafarers
•Phase 2: Includes General Directorate of Merchant Marine
•All phases are estimated to be finalized in 2008
Cost:13 Millions USD
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NEW OFFICES PROJECT15M SATELLITE MONITORINGSATELLITE MONITORING
ACP (Panama Canal Authority) and the PMA ACP (Panama Canal Authority) and the PMA are developing a project to create a high tech are developing a project to create a high tech center in order to control all the marine traffic center in order to control all the marine traffic within the Panama water and in international within the Panama water and in international waters to all ships registered under our flagwaters to all ships registered under our flagThe cost is calculated in an initial investment of The cost is calculated in an initial investment of $600,000.00 and a monthly cost of $40,000.00 $600,000.00 and a monthly cost of $40,000.00 per monthper month
AUDIT TO RO´S• With the aim to ensure full compliance with the duties
delegated the PMA started an audit program scheme to be finalized in 2008
• Actually 9 audits has been carried out• The audits are based in the Resolutions JD 0-19 of
December 2005 A.739(18) and A.789(19)• The results of the audits will cause the appropriate
evaluation by the technical board of approvals, willing to minimize, cancel or extend the responsibilities delegated.
• IACS may receive similar treatment, however not full acceptance and cooperation with the initiative has been received from the secretariat.
VOLUNTARY IMO MEMBER STATE AUDIT
• Panama has just submitted the formal documents confirming the postulation to be audited as per the IMO audit scheme.
• Few personnel has also being appointed by the PMA as qualified personnel to compose the pull of auditors.
• A preparation process and assessment has been launched with an approximate cost of $200,000.00
• Among other cost, we estimate those about 2.3 Millions for the preparation and the audit itself.
NEW CHALLENGES IN THE NEW CHALLENGES IN THE INTERNATIONAL RULESINTERNATIONAL RULES
SOLAS 88 Protocol LL88 Protocol RatificationSOLAS 88 Protocol LL88 Protocol RatificationLRIT (Cost clarity; Design by COMSAR, Position of PMA, 2008)LRIT (Cost clarity; Design by COMSAR, Position of PMA, 2008)MODUS (New Flag State Alternatives)MODUS (New Flag State Alternatives)Protective coating MSC circ 216/215 (Extensive to all ships)Protective coating MSC circ 216/215 (Extensive to all ships)BWM (Special considerations to safety factors, T of crew and PSCBWM (Special considerations to safety factors, T of crew and PSC))Explosions in tankersExplosions in tankers IIWGIIWGGBS/CSR (IACS) GBS/CSR (IACS) Uniformed rules for structural aspects in special to Uniformed rules for structural aspects in special to corrosion factor and permissible diminutions thickness limits acorrosion factor and permissible diminutions thickness limits and long nd long stress analysis.stress analysis.Ship to ship transferShip to ship transferLife boat safety difficulties of implementing Circ 1206 as well Life boat safety difficulties of implementing Circ 1206 as well as new as new precautionsprecautionsISM (New project to study the impact of it and the human factor)ISM (New project to study the impact of it and the human factor)Air Emissions Annex VI: controls in the local bunker industry anAir Emissions Annex VI: controls in the local bunker industry and clear d clear application of it in PSC inspectionsapplication of it in PSC inspectionsShip Recycling (clarity in liabilities and responsibilities)Ship Recycling (clarity in liabilities and responsibilities)
PANAMA MARITIME AUTHORITY
Thank you for your attention !
Mar. 27, 2007
GENERAL DIRECTORATE OF MERCHANT MARINE
8
Panama Canal Expansion: Increase in Route Value
and Service to World Maritime Industry
Panama Canal Expansion: Increase in Route Value
and Service to World Maritime Industry
Alberto Alemán ZubietaCEO/Administrator
Panama Canal Authority
Alberto Alemán ZubietaCEO/Administrator
Panama Canal Authority
1999 – World expectation onPanama’s capacity to manageand operate the PanamaCanal.
1999 – World expectation onPanama’s capacity to manageand operate the PanamaCanal.
Main Differences inBusiness Models
MainMain DifferencesDifferences ininBusinessBusiness ModelsModels
USA PCCForeign enclave Managed by its principal userResponded to US interestsNon-profitable agencyBudget administrationAmple capacityNear monopoly
USA PCCForeign enclave Managed by its principal userResponded to US interestsNon-profitable agencyBudget administrationAmple capacityNear monopoly
PANAMA ACPInalienable patrimony ofthe Republic of PanamaAdministered by itsownersProfitable andcompetitive enterpriseResource ManagementOperates near capacityFaces increasecompetition
PANAMA ACPInalienable patrimony ofthe Republic of PanamaAdministered by itsownersProfitable andcompetitive enterpriseResource ManagementOperates near capacityFaces increasecompetition
September 7, 1977 - December 31, 1999 September 7, 1977 - December 31, 1999
USA PCC MISSIONUSA PCC MISSION
Ensure the safe and efficient operation of the Canal;
Take all appropriate steps to achieve a seamless transition to Panamanian control of the Canal on December 31, 1999.
Ensure the safe and efficient operation of the Canal;
Take all appropriate steps to achieve a seamless transition to Panamanian control of the Canal on December 31, 1999.
PANAMA ACP MISSIONPANAMA ACP MISSION
To produce maximum sustained benefit from our geographic position.
To produce maximum sustained benefit from our geographic position.
9
USA PCC Model
USA PCC Model
Panama ACP
Business Model
Panama ACP
Business Model
Transition in Business Model
Transition in Business Model
Break-Even OperationManaged by itsprincipal user
For Profit, andEfficient Operation
Managed by itsOwner
ACP Panama Canal Business ModelACP Panama Canal Business ModelThe Legal structure is based on:
The Constitution of the Republic of Panama
The Organic Law of the Panama Canal Authority
ACP regulations.
Some of the key elements of the Canal Business Model are:• The Canal constitutes an inalienable patrimony of the
Panamanian Nation.
• The Canal has to be efficient and profitable
• The Canal has its own patrimony and the right to manage it.
• Special employment regime based on the principles of merit andequal opportunity.
• Special procurement and contracting regime.
• Code of Ethics and Conduct.
• Special procedure for dispute resolution.
• Strikes are prohibited.
The Legal structure is based on:
The Constitution of the Republic of Panama
The Organic Law of the Panama Canal Authority
ACP regulations.
Some of the key elements of the Canal Business Model are:• The Canal constitutes an inalienable patrimony of the
Panamanian Nation.
• The Canal has to be efficient and profitable
• The Canal has its own patrimony and the right to manage it.
• Special employment regime based on the principles of merit andequal opportunity.
• Special procurement and contracting regime.
• Code of Ethics and Conduct.
• Special procedure for dispute resolution.
• Strikes are prohibited.
The Canal’s current legal framework changes the businessphilosophy to one oriented to enhance the value of the route by providing a safe, reliable andefficient service to its customerswhile generating a return to itsowner, The Republic of Panama.
Panama Canal ACP Business ModelPanama Canal ACP Business Model
– Dry bulk carriers– Container ships– Liquid bulk– Refrigerated cargo– Vehicle carriers– Passenger ships– General cargo– Others
2000 – Change in the reservation system rules
2002 – Tolls are modified for the first time under Panamanian administration. Differentiated market segment by type of vesselis established.
Panama Canal Change in Business ModelHistorical Background
Panama Canal Change in Business ModelHistorical Background
2005 – Change in the admeasurement system of container vessels. The phased-in implementation over three years, is as follows:
May 2005 $42 per TEU.May 2006 $49 per TEU.May 2007 $54 per TEU.
April 2006 – Implementation of a daily reservation slot made availablethrough an auction process to the best bidder.
Panama Canal Change in Business ModelHistorical Background
Panama Canal Change in Business ModelHistorical Background
2007 - Proposal to Modify the Regulations forthe Admeasurement of Vessels for the
Panama Canal and the Panama Canal Tolls
2007 - Proposal to Modify the Regulations forthe Admeasurement of Vessels for the
Panama Canal and the Panama Canal Tolls
The proposal announced on February 2 includes:Administrative changes in the admeasurement RulesNew admeasurement method forpassenger shipsToll adjustment by segment
10
Transits vs. PCUMS Tonnage FY1916 - FY2006
Transits vs. PCUMS Tonnage FY1916 - FY2006
Fiscal YearFiscal Year2
00
62
00
6
Tran
sits
Tran
sits
PCU
MS
Tonn
age
in m
illio
nsPC
UM
S To
nnag
e in
mill
ions
14,194
296.3
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
191
61
918
192
01
922
192
41
926
192
81
930
193
21
934
193
61
938
194
01
942
194
41
946
194
81
950
195
21
954
195
61
958
196
01
962
196
41
966
196
81
970
197
21
974
197
61
978
198
01
982
198
41
986
198
81
990
199
21
994
199
61
998
200
02
002
200
4
0
50
100
150
200
250
300
2006
23,213
PCUMS Tonnage of Commercial Transits
DredgingDredging
LocomotivesLocomotives
Hydraulic ConversionHydraulic Conversion TechnologyTechnology Track systemTrack system Tug BoatsTug Boats
20002000 20012001 20022002 20032003 20042004 20052005 20062006
119119
1,3291,329
CAPITAL INVESTMENTCAPITAL INVESTMENT
Growth of Panamax Vessel Transits100’ (30.5m) + Beam
FY1995 – FY2006
Growth of Panamax Vessel Transits100’ (30.5m) + Beam
FY1995 – FY2006
3,69
53,
695
4,12
54,
125
3,81
63,
816
3,99
83,
998
4,12
84,
128
4,35
94,
359
4,42
44,
424
4,56
64,
566
4,73
74,
737
5,32
95,
329
5,63
35,
633
6,16
06,
160
30.1%29.0%
30.7%
33.4%
42.6%44.5%
40.4%38.5%
36.3%
27.1%
35.4%
46.6%
20%
25%
30%
35%
40%
45%
50%
55%
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006
Fiscal Year
% o
f To
tal T
rans
its
Growth in Transits ofVessels >900’(274.3m) Overall Length
FY1995 - FY2006
Growth in Transits ofVessels >900’(274.3m) Overall Length
FY1995 - FY2006
222284 292 301 340 364
528
715
980
1190
1610
1310
0
200
400
600
800
1000
1200
1400
1600
1800
AF95 AF96 AF97 AF98 AF99 AF00 AF01 AF02 AF03 AF04 AF05 AF06
Tran
sits
Fiscal Year
Can
al W
ater
sTi
me
(hrs
)
Average Canal Waters TimeAverage Canal Waters Time
21 21 21 21 21 21 22 24Available
Slots
40.0
33.9
26.7
33.0
28.6
37.4
34.5
37.9
16.016.516.416.216.115.616.717.2
5
10
15
20
25
30
35
40
45
1999 2000 2001 2002 2003 2004 2005 2006
With reservationWithout reservation
AccidentsFY1996 – FY2006
AccidentsFY1996 – FY2006
1012
1012
1717
29
32
37
24
28
0
5
10
15
20
25
30
35
40
1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006
Acc
iden
ts
11
PCUMS Net Tons per Market Segment(in millions - FY 2000-2006 / 2007 proj)
PCUMS Net Tons per Market Segment(in millions - FY 2000-2006 / 2007 proj)
102030405060708090
100110120130140150160
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 (proj.)
ContainershipsContainershipsDry BulkDry BulkLiquid BulkLiquid BulkGeneral CargoGeneral CargoReefersReefersCruiseCruiseVehicle carriersVehicle carriersOthersOthers
Interoceanic Route and the Canal’sValue for Panama and the World
Interoceanic Route and the Canal’sValue for Panama and the World
The improved existing Canal could sustainably handle up to 330 - 340 million annual PC/UMS tons
296
Pospanamax Locks and Vessel DimensionsPospanamax Locks and Vessel Dimensions
Chamber Length 427m (1,400’)Max. Vessel LOA 385.8m (1,265’)Chamber Length 427m (1,400’)
Max. Vessel LOA 385.8m (1,265’)Chamber Length 305m (1,000’)Max. Vessel LOA 294.3m (965’)Chamber Length 305m (1,000’)Max. Vessel LOA 294.3m (965’)
Existing LocksExisting Locks New LocksNew Locks
CaladoCalado
12,600 TEU16.7 m(55’)
54.7m (180’)
45.6m (149.6’)
12
Animation of Water Saving BasinsAnimation of Water Saving Basins
WSB 1 WSB 2 WSB 3
Water saving basins used in Germany help reduce water usage
Water saving basins used in Germany help reduce water usage
Program ComponentsDredging of the Sea Entrance Navigation Channels
Program ComponentsDredging of the Sea Entrance Navigation Channels
Pacific Entrance(6.5 M m3 – Dredging)
Pacific Entrance(6.5 M m3 – Dredging)
1 Contract1 Contract
225m (740´)225m (740´)
Atlantic Entrance(Dredging - 14 M m3)
1 Contract
Atlantic Entrance(Dredging - 14 M m3)
1 Contract
Width: 225m (740´) ▶Width: 225m (740´) ▶
Program ComponentsDredging of the Sea Entrance Navigation Channels
Program ComponentsDredging of the Sea Entrance Navigation Channels
Program Components Pospanamax Locks
Program Components Pospanamax Locks
Pacific and Atlantic Locks(29.66 – M m3 Dry Excavation)
1 Contract
Pacific and Atlantic Locks(29.66 – M m3 Dry Excavation)
1 Contract
Program ComponentsDredging of Gatun Lake and Culebra Cut Navigation Channels
Program ComponentsDredging of Gatun Lake and Culebra Cut Navigation Channels
Deepening and Widening of Gatun Lake and Culebra Cut
Navigation Channels(Dredging - 23 M m3)
Deepening and Widening of Gatun Lake and Culebra Cut
Navigation Channels(Dredging - 23 M m3)
13
Program ComponentsPacific Locks North Access Channel
Program ComponentsPacific Locks North Access Channel
Pacific LocksNorth Access Channel
46M m3
5 Contracts
Pacific LocksNorth Access Channel
46M m3
5 Contracts
Conceptual DesignConceptual Design
Program ScheduleProgram Schedule
Bidding & Contracting
Activity
Contracting Legal Advisor
Envi
ronm
ent EIS Pospanamax Locks (Category III)
Acc
ess
Cha
nnel
Contract 1
Contract 2
Contract 3
Contract 4
Contract 5
Design and Build Pospanamax Locks
Dre
dgin
g
Deepening & Widening of Gatun Lake
Deepening of the Culebra Cut
Dredging of the Atlantic Entrance ChannelsDredging of the Pacific Entrance Channels
2006 2007 2008 2009 2010 2011 2012 2013 20141T 2T 3T 4T 1T 2T 3T 4T 1T 2T 3T 4T 1T 2T 3T 4T 1T 2T 3T 4T 1T 2T 3T 4T 1T 2T 3T 4T 1T 2T 3T 4T 1T 2T 3T 4T
Financial Advisor
Program Management Services
Execution
Risk Advisor
EIS Dredging of Pacific Entrance (Category II)
Archeological Salvage & Rescue
Physical Modeling
EIA Cartagena – PAC 1 (Category II)
General Legal Advisor
Adv
isor
s
Increase the Max. Op. Level of Gatun Lake
Specifications & Design
Max Sustainable Capacity ofExpanded Canal
Max Sustainable Capacity ofExpanded Canal
SINGAPORESINGAPORE
HONG KONGHONG KONG
SHANGHAISHANGHAI BUSANBUSAN
ROTTERDAMROTTERDAM
HAMBURGHAMBURG
DUBAIDUBAI
LA/LBLA/LBNY/NJNY/NJ
SHENZHENSHENZHEN
HAMPTON RDS.
HAMPTON RDS.
SAVANNAHSAVANNAH
FREEPORTFREEPORTKINGSTONKINGSTON
Main Logistics HubsMain Logistics Hubs
ALGECIRASALGECIRAS
SINGAPORESINGAPORE
HONG KONGHONG KONG
SHANGHAISHANGHAI BUSANBUSAN
ROTTERDAMROTTERDAM
HAMBURGHAMBURG
DUBAIDUBAI
LA/LBLA/LBNY/NJNY/NJ
SHENZHENSHENZHEN
HAMPTON RDS.
HAMPTON RDS.
SAVANNAHSAVANNAH
FREEPORTFREEPORTKINGSTONKINGSTON
Main Logistics HubsMain Logistics Hubs
ALGECIRASALGECIRAS
PANAMAPANAMA
14
SINGAPORESINGAPORE
HONG KONGHONG KONG
SHANGHAISHANGHAI BUSANBUSAN
ROTTERDAMROTTERDAM
HAMBURGHAMBURG
DUBAIDUBAI
LA/LBLA/LBNY/NJNY/NJ
SHENZHENSHENZHEN
HAMPTON RDS.
HAMPTON RDS.
SAVANNAHSAVANNAH
FREEPORTFREEPORTKINGSTONKINGSTON
ALGECIRASALGECIRAS
PANAMAPANAMA
Main Logistics HubsMain Logistics Hubs
SINGAPORESINGAPORE
HONG KONGHONG KONG
SHANGHAISHANGHAI BUSANBUSAN
DUBAIDUBAI
LA/LBLA/LBNY/NJNY/NJ
SHENZHENSHENZHEN
HAMPTON RDS.
HAMPTON RDS.
SAVANNAHSAVANNAH
FREEPORTFREEPORTKINGSTONKINGSTON
ALGECIRASALGECIRAS
PANAMAPANAMA
ROTTERDAMROTTERDAM
HAMBURGHAMBURG
Main Logistics HubsMain Logistics Hubs
East Coast US - Asia
East Coast US – West Coast South America
West Indies – West Coast US
Asia - East Coast US
Main Tanker Routes through thePanama Canal
West Coast South America – East Coast US
East Coast South America – West Coast US
SavannahSavannahYantianYantian
KwangyangKwangyang
KobeKobeHong KongHong Kong
PusanPusan
SavannahSavannahKeelungKeelung
WilmingtonWilmington
KobeKobe
PusanPusan
NJ/NYNJ/NY
RotterdamRotterdam
Le HavreLe Havre
HalifaxHalifax
FelixstoweFelixstowe
Long BeachLong BeachLos AngelesLos Angeles
BremerhavenBremerhaven RotterdamRotterdam
KaohsiungKaohsiung
KobeKobe
CharlestonCharleston
NagoyaNagoya ThamesportThamesport
OaklandOakland
SeattleSeattleTokyoTokyo
ColomboColombo
ShanghaiShanghai
YokohamaYokohama
Newport NewsNewport News
HakataHakataManzanillo (Mx)Manzanillo (Mx)Manzanillo (Mx)Manzanillo (Mx)
KobeKobe
RotterdamRotterdam
KobeKobe
OsakaOsaka HamburgHamburg
ShimizuShimizuPort SaidPort Said
ZeebruggeZeebrugge
ChabangChabang
TahitiTahiti
AucklandAuckland
DoniamboDoniambo
BrisbaneBrisbaneSydneySydney
MelbourneMelbourne
Tanjung PriokTanjung Priok
SingaporeSingapore
MarseillesMarseilles
La SpeziaLa Spezia
TilburyTilbury
DunkerqueDunkerque
QingdaoQingdao
Source: ACP Database and Source: ACP Database and CompairCompair Data Data -- 20062006
BuenaventuraBuenaventura
GuayaquilGuayaquilCallaoCallao
AricaArica
CoquimboCoquimbo
San AntonioSan Antonio
San VicenteSan Vicente
Puerto LimPuerto Limóónn
IquiqueIquique
MantaManta
AntofagastaAntofagastaValparaValparaíísoso
..
BalboaBalboa
AntwerpAntwerp
ItajaiItajai
SavannahSavannahBaltimoreBaltimore
New OrleansNew Orleans
ParanaguaParanaguaSantosSantos
Puerto CabelloPuerto Cabello
VeracruzVeracruz ManzanilloManzanilloColon Colon
CartagenaCartagenaLa GuairaLa Guaira
GuantaGuantaMaracaiboMaracaibo
EvergladesEvergladesKingstonKingston
MiamiMiami
Value of the Interoceanic Route and the Panama Canal Service
Value of the Interoceanic Route and the Panama Canal Service
Ports are interconnected throughWeekly Port Container Services
using the Panama Route
Ports are interconnected throughWeekly Port Container Services
using the Panama Route
Port Developmentin Panama
Port Developmentin Panama
Manzanillo InternationalTerminal (MIT)
Manzanillo InternationalTerminal (MIT)
Colon Container TerminalColon Container Terminal
Panama Ports Company - BalboaPanama Ports Company - Balboa
Panama PortsCompany –Cristobal
Panama PortsCompany –Cristobal
Tocumen AirportTocumen Airport
RailroadRailroadInter-American HighwayInter-American Highway
Trans-Isthmian PipelineTrans-Isthmian Pipeline
15
Colon Free ZoneColon Free Zone Special Economic AreaPanama-Pacific
Former Howard Military Base
Special Economic AreaPanama-Pacific
Former Howard Military Base
Banking CenterBanking CenterCRISTOBAL
TELFERS
EVERGREEN CONTAINER
TERMINAL
PORT OF BALBOA
PORT OF ALBROOK -DIABLO
ALBROOK AIRPORT
ISLAND
AND AIRPORT EXPANSION
MANZANILLO CONTAINERTERMINAL
TRANS-ISTHMIAN ROADOPTIC FIBER DUCT
Optic Fiber DuctOptic Fiber Duct Panama: America’s Most Important Logisticsand Transportation Hub
Panama: America’s Most Important Logisticsand Transportation Hub
Panama Canal Expansion: Increase in Route Value
and Service to World Maritime Industry
Panama Canal Expansion: Increase in Route Value
and Service to World Maritime Industry
Alberto Alemán ZubietaCEO/Administrator
Panama Canal Authority
Alberto Alemán ZubietaCEO/Administrator
Panama Canal Authority