The Panama Canal Authority (ACP) has signed a Memorandum of Understanding (MOU) with The Maryland Port Administration (MPA) to increase economic growth and commercial activity.

The MoU promotes the use of the All-Water Route, a shipping route between Asia and the US East Coast via the canal.

Under the agreement, the ACP and MPA will conduct joint activities such as marketing, research and data interchange, technical advancements and personnel training programmes.