Panama Canal development projects with Dr. Ricaurte Vásquez

As the world's critical waterways come into sharp focus, the Panama Canal is in the middle of one of the most ambitious transformation phases in its history. In this episode, recorded at CMA Shipping 2026, Seatrade Maritime News Correspondent Gary Howard speaks with Dr. Ricaurte Vásquez, Administrator of the Panama Canal, about how the waterway is adapting to climate pressures, growing trade volumes, and the energy transition.They discuss:Lessons learned from the recent drought and new plans for water security, including a major new reservoir projectThe vision for an LPG energy corridor and pipeline handling ethane, propane, and butane between the Atlantic and PacificThe development of new container terminals and a cross-isthmus road, and how these projects fit into a wider logistics ecosystemHow the Canal is shifting from simply moving ships to optimising cargo flows and offering more flexible options to customersThe net-zero transit slot, the Canal’s commitment to be carbon neutral by 2050, and how shipowners are respondingInvestment models, concession structures, and how Panama aims to balance value for customers, investors, and the Panamanian peopleTune in to hear the plans in place to keep one of the world’s most strategic arteries reliable, competitive, and relevant through to 2050 and beyond.If you enjoyed this episode, please subscribe to ensure you don't miss our latest uploads. For the latest news on the shipping and maritime industries, visit www.searade-maritime.com.Connect with Gary Howard:Follow on Twitter: https://twitter.com/GaryLeeHoward Follow on Twitter:: https://www.linkedin.com/in/garyleehoward/Don't forget to join the conversation and let us know what topics you want us to cover in future on Twitter, Facebook or LinkedIn