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The development of Free zones in the Caribbean represents an significant step towards stimulating greater economic activity in the region, according to Grantley Stephenson, President of the Caribbean Shipping Association (CSA) and CEO of Kingston Wharves.

Speaking on the topic “The Panama Canal Expansion and its Impact on Transportation and Logistics in Free Zones”, Mr. Stephenson, delivered a riveting address to the XVII Conference of the Association of Free Zones of the Americas (AZFA) held over the period October 23 – 25, 2013 in Ponce, Puerto Rico.

Building on the premise that improvements to the Panama Canal have the potential to impact global freight flows by shifting a significant percentage of trade from Asian markets, Mr. Stephenson told the gathering that "an increase in freight flows to the East and Gulf Coasts presents an economic development opportunity for job creation and economic growth related to logistics, inter-modal transportation and value-added businesses, all of which would also support businesses located in the region exporting their goods".

The Sheraton Panama Hotel will be home of the Caribbean Shipping Association's largest event this year - the 43rd Annual General Meeting, Conference and Exhibition, October 7, 8 and 9. This means all major activities, except for off-site tours, will be held on this property, including the CSA’s Business Expo, ‘Shipping Insight 2014’. A modern convention centre with the amenities to make an international convention of professionals comfortable, the Sheraton Panama is the CSA’s choice of residence for the leaders of maritime transport participating in this 2013 CSA AGM, Conference and Exhibition.

Concerns about crime and corruption in the Caribbean 2013, May 14: Shipping executives from across the Caribbean and Latin America gathered in Freeport, Bahamas for the 12th annual Caribbean Shipping Executives Conference presented annually by the Caribbean Shipping Association (CSA).

About 150 participants from most of the countries in the region arrived at the Grand Lucayan hotel over last weekend, in time for yesterday's opening ceremony of the three day event.


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