Below is a statement provided by the International Transport Workers' Federation in response to the Panama Canal Authority's (ACP) alleged rebuke of an independent study commissioned by the ITF which found that fatigue of Panama Canal tugboat poses a major threat to safety in the operation of the Panama Canal’s Neopanamax locks. The International Transport Workers’ … [Read more...]
Revitalised Panama Canal Eyes Expansion of Port and Logistics Capacity
By Gavin van Marle in Panama (The Loadstar) - Following a strong year in terms of growth in vessel transits, the Panama Canal Authority is once more turning its attention to building port capacity as well as new zones for increased logistics activity. In the keynote speech at this week’s TOC Americas Container Supply Chain event, authority administrator and chief … [Read more...]
Panama Canal Sets New Annual Tonnage Record in 2018
The Panama Canal has set a new annual record for the total amount of tonnage that passed through the waterway over the course a fiscal year, recording a total tonnage 442.1 million Panama Canal tons (PC/UMS) in FY 2018. This amounts to a 9.5 percent increase compared to 2017, when 403.8 million PC/UMS passed through the Canal. The figure also surpasses forecasted estimates … [Read more...]
Panama Canal Sets New Annual Tonnage Record
The Panama Canal closed its 2018 fiscal year (FY 2018) with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), marking a 9.5 percent increase from 2017. The total tonnage for the year is greater than the 429.4 million PC/UMS tons forecast for FY 2018, as well as the 403.8 million PC/UMS tons registered in FY 2017. The Panama Canal Authority said the increase … [Read more...]
Panama Canal Expecting 234 Cruise Ships This Cruise Season
The Panama Canal Authority said it expects to receive approximately 234 cruise ships through the Panamax and Neopanamax Locks during the upcoming 2018-2019 cruise season. The first transit will occur on Oct. 5 with the Seven Seas Mariner, on a northbound transit traveling from the U.S. West Coast to the U.S. East Coast. “As the second full cruise season with the Expanded … [Read more...]