Panama Canal signs MoU to supply routes for distribution of COVID-19 vaccine
To help optimize supply routes for the delivery of the COVID-19 vaccine, the Panama Canal has signed signed a memorandum of understanding (MoUs) with the Panama Ports Company and PSA Panama International Terminal.
As part of the agreement, the trio agreed to pursue joint initiatives to create a cooperation alliance and to work together to form a logistics center for the storage and delivery of vaccines and supplies to the region on the Pacific side of the Panama Canal.
“We will provide the necessary infrastructure and logistics management capabilities through our port equipment, technological tools and above all with the experience … of our staff in the management of refrigerated containers, a fundamental piece in the transfer and storage of vaccines,” stated Jared Zerbe, CEO, Panama Ports Company.
Panama's logistics capabilities and strategic location at the crossroads of the Americas, as described, make it well placed to help meet the demand raised by the worldwide pandemic on supply chains.
In particular, the Panama Canal will look into the construction of additional storage and/or break-bulk vaccine cargo facilities, as well as power sources or redundancies and connecting roads to the Pacific side of both terminals.
PSA Panama and PPC will collaborate with each other on the design and equipment required to move the vaccine containers between the terminals and the facilities.
Maritime Business World