GPA recognizes the leadership of Panama Canal CEO Alberto Alemán Zubieta
News Release
Panama Canal Authority
February 13, 2012
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<P class=MsoNormal><B><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">PANAMA CITY, Panama,
February 13, 2012 –</SPAN></B><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"> Panama Canal
Authority Administrator Alberto Alemán Zubieta was awarded the Georgia Ports
Authority Partnership in Excellence medal. Alemán Zubieta is the first person to
have received this medal.</SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"></SPAN> </P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">This recognition was
presented to Mr. Alemán Zubieta by Curtis J. Foltz, Georgia Ports Authority
Executive Director, during the 44th Georgia Foreign Trade Conference (GFTC),
which was held on February 6 at The Cloister in Sea Island, Georgia. This
conference attracts numerous maritime professionals including those from ocean
carriers, retailers, financial institutions, international longshoremen,
warehouse operators, customs brokers, freight forwarders, area developers, auto
processors, and intermodal service providers. Participants at the GFTC discussed
maritime industry opportunities and challenges, while promoting the advancement
of trade activity through the Southeastern United States.</SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"></SPAN> </P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">"I am honored by this
recognition and I share this with the best asset of the Canal - our hard-working
world-class employees,” said Alemán Zubieta. “The Panama Canal has always been
an integral part of the global supply chain and the expansion of the Canal will
change the face of shipping as we know it - and will bring positive benefits for
all - from the suppliers, logistics industry, shippers, retailers and
consumers.”</SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"></SPAN> </P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">With its unique
location at the narrowest point between the Atlantic and Pacific oceans, the
Canal has had a far-reaching effect on world economic and commercial
developments throughout most of this century. Since its opening to international
commerce, the Panama Canal has changed trade patterns and made the world more
accessible.</SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"></SPAN> </P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">The Canal is
expanding the waterway to create a new lane of traffic along the Canal through
the construction of a new third set of locks. In addition, the entrances
at the Atlantic and Pacific access channels are being deepened and widened. The
completion of the $5.25 billion expansion project is an innovative model that
will bring both opportunity and change to the industry. By allowing larger
vessels to transit and increasing capacity, it will open the Canal to new routes
and untapped market segments. </SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"></SPAN> </P>
<P class=MsoNormal><B><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">About the Panama
Canal Authority (ACP)</SPAN></I></B><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"></SPAN></I></P>
<P class=MsoNormal><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">The ACP is the
autonomous agency of the Government of Panama in charge of managing, operating
and maintaining the Panama Canal. The operation of the ACP is based on its
organic law and the regulations approved by its Board of Directors. For more
information, please refer to the ACP's Web site: </SPAN></I><A
href="redir.aspx?C=23d4950158dc4c1c8612f7874cd8ba82&URL=http%3a%2f%2fwww.pancanal.com"
target=_blank><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">www.pancanal.com</SPAN></I></A><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">. You can also follow
us on Twitter: </SPAN></I><A
href="redir.aspx?C=23d4950158dc4c1c8612f7874cd8ba82&URL=http%3a%2f%2ftwitter.com%2fthepanamacanal"
target=_blank><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">http://twitter.com/thepanamacanal</SPAN></I></A><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">. </SPAN></I></P>
<P class=MsoNormal><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"></SPAN></I> </P>
<P class=MsoNormal><B><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">Have you heard about
our upcoming Congress? </SPAN></I></B></P>
<P class=MsoNormal><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">The Panama Canal 2012
International Engineering and Infrastructure Congress is the first-ever
engineering conference co-hosted by the Panama Canal Authority (ACP) and the
American Society of Civil Engineers (ASCE). The three-day conference shares best
practices and detailed, practical, hands-on experience related to managing a
significant infrastructure project<SPAN style="COLOR: #1f497d">. </SPAN>Tapped
to present at the Congress are world-renown experts in the fields of
geotechnical, electrical, structural and civil engineering. For more
information, please refer to the Congress’ Web site:</SPAN></I><SPAN
style="FONT-SIZE: 10pt"> </SPAN><A
href="redir.aspx?C=23d4950158dc4c1c8612f7874cd8ba82&URL=http%3a%2f%2fwww.pancanal.com%2fcanalcongress"
target=_blank><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">www.pancanal.com/canalcongress</SPAN></I></A><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">.</SPAN></I></P>
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<META content="text/html; charset=unicode" http-equiv=Content-Type>
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<BODY>
<DIV>
<P class=MsoNormal><B><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">PANAMA CITY, Panama,
February 13, 2012 –</SPAN></B><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"> Panama Canal
Authority Administrator Alberto Alemán Zubieta was awarded the Georgia Ports
Authority Partnership in Excellence medal. Alemán Zubieta is the first person to
have received this medal.</SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"></SPAN> </P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">This recognition was
presented to Mr. Alemán Zubieta by Curtis J. Foltz, Georgia Ports Authority
Executive Director, during the 44th Georgia Foreign Trade Conference (GFTC),
which was held on February 6 at The Cloister in Sea Island, Georgia. This
conference attracts numerous maritime professionals including those from ocean
carriers, retailers, financial institutions, international longshoremen,
warehouse operators, customs brokers, freight forwarders, area developers, auto
processors, and intermodal service providers. Participants at the GFTC discussed
maritime industry opportunities and challenges, while promoting the advancement
of trade activity through the Southeastern United States.</SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"></SPAN> </P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">"I am honored by this
recognition and I share this with the best asset of the Canal - our hard-working
world-class employees,” said Alemán Zubieta. “The Panama Canal has always been
an integral part of the global supply chain and the expansion of the Canal will
change the face of shipping as we know it - and will bring positive benefits for
all - from the suppliers, logistics industry, shippers, retailers and
consumers.”</SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"></SPAN> </P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">With its unique
location at the narrowest point between the Atlantic and Pacific oceans, the
Canal has had a far-reaching effect on world economic and commercial
developments throughout most of this century. Since its opening to international
commerce, the Panama Canal has changed trade patterns and made the world more
accessible.</SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"></SPAN> </P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">The Canal is
expanding the waterway to create a new lane of traffic along the Canal through
the construction of a new third set of locks. In addition, the entrances
at the Atlantic and Pacific access channels are being deepened and widened. The
completion of the $5.25 billion expansion project is an innovative model that
will bring both opportunity and change to the industry. By allowing larger
vessels to transit and increasing capacity, it will open the Canal to new routes
and untapped market segments. </SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"></SPAN> </P>
<P class=MsoNormal><B><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">About the Panama
Canal Authority (ACP)</SPAN></I></B><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"></SPAN></I></P>
<P class=MsoNormal><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">The ACP is the
autonomous agency of the Government of Panama in charge of managing, operating
and maintaining the Panama Canal. The operation of the ACP is based on its
organic law and the regulations approved by its Board of Directors. For more
information, please refer to the ACP's Web site: </SPAN></I><A
href="redir.aspx?C=23d4950158dc4c1c8612f7874cd8ba82&URL=http%3a%2f%2fwww.pancanal.com"
target=_blank><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">www.pancanal.com</SPAN></I></A><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">. You can also follow
us on Twitter: </SPAN></I><A
href="redir.aspx?C=23d4950158dc4c1c8612f7874cd8ba82&URL=http%3a%2f%2ftwitter.com%2fthepanamacanal"
target=_blank><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">http://twitter.com/thepanamacanal</SPAN></I></A><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">. </SPAN></I></P>
<P class=MsoNormal><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"></SPAN></I> </P>
<P class=MsoNormal><B><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">Have you heard about
our upcoming Congress? </SPAN></I></B></P>
<P class=MsoNormal><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">The Panama Canal 2012
International Engineering and Infrastructure Congress is the first-ever
engineering conference co-hosted by the Panama Canal Authority (ACP) and the
American Society of Civil Engineers (ASCE). The three-day conference shares best
practices and detailed, practical, hands-on experience related to managing a
significant infrastructure project<SPAN style="COLOR: #1f497d">. </SPAN>Tapped
to present at the Congress are world-renown experts in the fields of
geotechnical, electrical, structural and civil engineering. For more
information, please refer to the Congress’ Web site:</SPAN></I><SPAN
style="FONT-SIZE: 10pt"> </SPAN><A
href="redir.aspx?C=23d4950158dc4c1c8612f7874cd8ba82&URL=http%3a%2f%2fwww.pancanal.com%2fcanalcongress"
target=_blank><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">www.pancanal.com/canalcongress</SPAN></I></A><I><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt">.</SPAN></I></P>
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