The Panama Canal's future role in worldwide trade may grow further, more than a century after its debut.

The waterway's board of directors and administration today begin a three-day meeting with the advisory board in Rotterdam, Netherlands, to discuss its performance and future growth opportunities.

Topics include present finances, operations and projects and industry trends which could impact performance, planned growth and future business development.

"The feedback and knowledge that the Advisory Board members provide are of tremendous value for the Panama Canal due to their experience in multiple areas of world economy and international trade," canal administrator Jorge Quijano said.

Established in 1999, the advisory board updates canal authorities on global maritime activities and helps them boost canal efficiency, safety, reliability and competitiveness.

The panel meets twice a year, either in Panama or a maritime-linked city.

The canal's board of directors will also visit Port of Rotterdam, APM Terminals Maasvlakte II BV's automated container terminal and LNG depot Gate Terminal.