South Africa’s Transnet, Union in Talks to Avoid Strike
(Bloomberg) — The biggest labor union at South Africa’s state-owned port and rail company are starting final talks with a third-party arbitrator to resolve a wage dispute and stave off...
Photo: Panama Canal Authority
The Panama Canal has marked the 2,000 transits of the expanded Neopanamax locks as more and more bigger ships are replacing older Panamax vessels on the route.
The conatinership COSCO Yantian completed the 2,000 transit through the Expanded Panama Canal on Tuesday, heading north (from the Pacific to the Atlantic). The 9,504 TEU vessel measures 351 meters in length and 43 meters in length. The container ship operating on the Ocean Alliance’s Pacific East Coast 2 (PEX2) route linking Asia and the Caribbean.
Related: 1,000 Transits Through Expanded Panama Canal in Photos
“In 15 months of operations the expanded Canal has had an impact on the shipping industry realigning shipping routes. This trust of our clients reinforces our commitment to continue improving the service we provide, with the objective of attracting greater revenues and generating greater benefits to the country, “said Channel Administrator Jorge Luis Quijano.
The Expanded Panama Canal opened on June 26, 2016. The container segment represents more than half (54%) of the transits through the expanded Canal. Other top segments include LPG and LNG vessels representing 29.2% and 8.6%, respectively.
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
Stay informed with the latest maritime and offshore news, delivered daily straight to your inbox
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up