Quintiq and Panama Canal
Innovating world maritime trade
The Panama Canal once again transformed world maritime trade when it launched a new lane of traffic last year, allowing twice the number of vessels to utilize the waterway. This historic expansion, which took a decade to complete, now provides the world's shippers, retailers and manufacturers with greater shipping options, enhanced logistics and supply chain reliability.
The Panama Canal decided to adopt the Quintiq solution to transform how it plans and schedules transit operations. For the first time, the Canal will be able to execute a completely integrated operating plan for all of its critical resources, including tugboats, pilots and line handlers. Improved situational awareness and data can inform better decision-making, which in turn will help mitigate operational risk. Further, Quintiq will help reduce costs by optimizing the way in which the Canal plans and programs its resources.
Canal customers will benefit as well. The Quintiq solution will impact shippers looking to transit the waterway by shortening vessel waiting times, increasing the number of potentially available vessel slots each day and improving the overall reliability of the route.