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With new administrator, new challenges for Panama Canal

Friday, September 6, 2019

Ricaurte Vásquez Morales, an economist with more than 30 years’ experience in the public and private sector, was sworn-in as the new administrator of the Panama Canal for a seven-year term.

“Just a few months short of the 20th anniversary of the transfer of the Canal to the Panamanian people, we face a distinctly different reality today. Trade now travels along different routes,” said Vásquez, Hellenic Shipping News reports.