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panama canal


Tuesday, March 12, 2024
Several freighters, assisted by tugboats, are entering the Panama Canal at Gatun Locks on the Atlantic side.
Shipping

Panama Canal Increasing Daily Transit Slots Amid Improved Water Levels

The Panama Canal Authority (ACP) has announced an increase in the number of daily transit slots available in the older Panamax Locks. The measures come in

March 12, 2024
Total Views: 4852

Wednesday, February 21, 2024
Several freighters, assisted by tugboats, are entering the Panama Canal at Gatun Locks on the Atlantic side.
Shipping

Facing a Water Crisis, Panama Canal Pledges $8.5 Billion Towards Climate Resilience

The Panama Canal Authority has announced plans to allocate more than $8.5 billion in capital investments towards sustainability projects over the next five

February 21, 2024
Total Views: 7025

Thursday, February 8, 2024
Drought hit Panama Canal further restricts maximum ship depth
Shipping

End of El Niño Could Bring Relief for Panama Canal Water Crisis

The National Weather Service’s Climate Prediction Center is forecasting an end to El Niño conditions by April-June 2024, with a 79% probability. The

February 8, 2024
Total Views: 4917

Sunday, January 14, 2024
Vessels transit through the Panama Canal, on the outskirts of Panama City. REUTERS/Roberto Cisneros
Shipping

Cost To Jump Panama Canal Line Just Got A Whole Lot Cheaper

By Ruth Liao (Bloomberg) –The cost for shippers to jump ahead of congestion at the Panama Canal has significantly dropped from multimillion-dollar

January 14, 2024
Total Views: 19601

Wednesday, January 10, 2024
A Maersk ship in the Panama Canal
Shipping

Maersk to Implement ‘Land Bridge’ to Bypass Drought-Hit Panama Canal

Maersk has announced plans to modify one of its services through the Panama Canal by implementing a so-called “land bridge” across Panama amid

January 10, 2024
Total Views: 27301

Sunday, January 7, 2024
Suez,,Egypt,-,November,14,,2019:,Large,Container,Vessel,Ship
Shipping

War, Weather Put Ocean Shippers On Notice For Rough Seas In 2024

By Lisa Baertlein LOS ANGELES, (Reuters) – Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop – but it is

January 7, 2024
Total Views: 4828

Wednesday, January 3, 2024
Photo of a post-panamax ship entering the locks in the new panama canal
Shipping

Saving the Panama Canal Will Take Years and Cost Billions

By Peter Millard and Michael D McDonald (Bloomberg) The vestiges of an ancient forest tell the story of just how bad things are at the

January 3, 2024
Total Views: 6606

Saturday, December 16, 2023
Drought hit Panama Canal further restricts maximum ship depth
Shipping

Panama Canal To Ease Drought Restrictions In January

By Joe Ryan (Bloomberg) The Panama Canal, which has been strained by drought for months, will increase the number of ships it accepts each day starting in

December 16, 2023
Total Views: 7316

Wednesday, December 13, 2023
FILE PHOTO: A tanker ship passing through the Miraflores docks at the Panama Canal, in Panama City, December 30, 2009. REUTERS/Alberto Lowe/File Photo
Shipping

Fuel Tankers Face Long Slog as Panama Canal Drought Reroutes Trade

HOUSTON, Dec 13 (Reuters) – Oil tanker Cururo is taking the long way from Houston to Chile: sailing the length of South America’s Atlantic coast,

December 13, 2023
Total Views: 2452

Tuesday, December 5, 2023
A tanker transits the Panama Canal Locks
Shipping

Panama Chaos Grows as US Diesel Shipper Takes the Long Route

(Bloomberg) — The worsening bottlenecks at the drought-stricken Panama Canal are pushing at least one US diesel shipper to sail around the tip of South

December 5, 2023
Total Views: 36133

Monday, December 4, 2023
Drought hit Panama Canal further restricts maximum ship depth
Shipping

Panama Canal Bottleneck Prompts Detours that Could Boost Inflation

(Bloomberg) — The Panama Canal, the century-old engineering marvel that revolutionized global trade, is being squeezed shut by drought and forcing

December 4, 2023
Total Views: 2748

Wednesday, November 29, 2023
A red LNG carrier in the Suez Canal. Photo: Shutterstock/Alvaro Ardisana
Shipping

Panama Canal Congestion Could Hit Suez

By Anna Shiryaevskaya (Bloomberg) — Unprecedented congestion at the Panama Canal could ultimately result in delays at Egypt’s Suez Canal, potentially

November 29, 2023
Total Views: 2686

A tanker transits the Panama Canal Locks
Shipping

Panama Canal Drought is Making it More Expensive to Ship Fuel Across the Atlantic

By Jack Wittels (Bloomberg) — The cost of shipping fuels such as diesel across the Atlantic has soared to an almost 16-month high amid ongoing

November 29, 2023
Total Views: 3038

Friday, November 24, 2023
Stock image of an MSC containership
Shipping

MSC Slaps Surcharge on Boxes Through Restricted Panama Canal

By Alexander Whiteman (The Loadstar) – MSC has slapped a bumper $297 per teu surcharge on shipments transiting the Panama Canal in response to the

November 24, 2023
Total Views: 3128

An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
Shipping

Panama Canal Congestion Could Help Steer US LNG Cargoes to Europe

By Anna Shiryaevskaya (Bloomberg) — The congestion at Panama Canal could be to Europe’s benefit as US liquefied natural gas supplies will largely

November 24, 2023
Total Views: 3435

Tuesday, November 21, 2023
panama canal tonnage record
Shipping

More Surcharges Loom as Panama Canal Restrictions Tighten

By Gavin van Marle (The Loadstar) – French carrier CMA CGM is set to become the first major carrier to apply a new surcharge on shipments transiting the

November 21, 2023
Total Views: 6636

Friday, November 17, 2023
Panama Canal Expansion milestone
Shipping

Asian LNG Buyers Pay Panama Canal Premium for 2024

By Stephen Stapczynski (Bloomberg) — The gap between liquefied natural gas prices in Asia and Europe is increasing as tighter restrictions at the

November 17, 2023
Total Views: 3807

Saturday, November 11, 2023
An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
Shipping

Soaring Fees At Panama Canal Have LNG Shippers Taking Long Route

By Ruth Liao (Bloomberg) –Liquefied natural gas shippers increasingly are opting to travel up to two weeks longer and almost 6,000 nautical miles

November 11, 2023
Total Views: 14339

Wednesday, November 8, 2023
A tanker transits the Panama Canal Locks
Shipping

LPG Tanker Pays Record $4 Million for Panama Canal Slot

By Ruth Liao and Anna Shiryaevskaya (Bloomberg) — A shipper has paid nearly $4 million to jump to the front of the line at the congested Panama Canal

November 8, 2023
Total Views: 9678

Monday, November 6, 2023
Crude Oil Tanker MT Aegean Unity Transiting New Panama Canal Locks
Shipping

Panama Canal Drought Risks Driving Away Large Oil Tankers

(Bloomberg) — Dry weather is set to force large oil tankers to completely stop using the Panama Canal, requiring the vessels to extend their voyages by

November 6, 2023
Total Views: 5402
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