Panama Canal Scraps Planned October Draft Cut—for Now
The Panama Canal has postponed a planned reduction in the maximum draft for vessels using its Neopanamax locks, offering some near-term relief for ship operators even as the waterway continues...
The Panama Canal Expansion Program is nearing completion with the construction of the Third Set of Locks reaching 90% completion this month.
The Panama Canal Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks, increasing the waterway’s capacity. The new locks will have three chambers, water-saving basins, lateral filling and emptying system and rolling gates. Here’s an update on the project from the Panama Canal Authority:
Sign up for gCaptain’s newsletter and never miss an update
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up