A U.S.-built crane ship was used to conduct a trial transit of the Panama Canal’s new Cocoli Locks on Monday ahead of next week’s inauguration of the Expanded Panama Canal.
The Panama Canal Authority reports that the Panama-flagged vessel, named Oceanus, was maneuvered through the Pacific-facing Cocoli Locks by Panama Canal Pilots Fernando Jaén and Ricardo Varela.
The inauguration of the Expanded Panama Canal will take place on Sunday, June 26 with the first commercial transit of the COSCO Shipping Panama containership. Commercial operations will begin the following day.
Hanwha Ocean has successfully completed the world’s first ship-to-ship (STS) transfer of liquefied natural gas between vessels undergoing sea trials. The innovative procedure eliminates the traditional requirement for LNG carriers...
Malaysia's MMC Port Holdings has decided to postpone its planned initial public offering to next year so that it can include its full-year 2025 financial results, two sources with knowledge of the matter told Reuters on Tuesday.
U.S. Customs and Border Protection has provided long-awaited details related to payments for the new vessel fees targeting Chinese maritime interests that take effect October 14. The fees, mandated under...
October 6, 2025
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