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.
April 9 (Reuters) – A company controlled by Hong Kong-based CK Hutchison has invested $1.7 billion in two ports near the Panama Canal, it said on Wednesday, surpassing the amount required under its contract, which is...
China retaliated against new tariffs imposed by President Donald Trump by announcing it would raise duties on US goods, roiling markets and deepening a trade war between the world’s largest economies.
U.S. President Donald Trump's "reciprocal" tariffs on dozens of countries took effect on Wednesday, including massive 104% duties on Chinese goods, as the European Union prepared retaliatory measures, escalating a global trade war.
April 9, 2025
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