panama canal


Friday, October 25, 2024
Shipping

Panama Canal Defies Drought with $3.45 Billion Profit Despite Fewer Ships

By Elida Moreno and Marianna Parraga PANAMA CITY, Oct 25 (Reuters) – The Panama Canal’s profit increased about 9.5% in the fiscal year ended in

October 25, 2024
Total Views: 1646

Friday, September 13, 2024
A tanker transits through the Panamax locks of the Panama Canal. Photo courtesy Panama Canal Authority
Shipping

Panama Canal Unveils Strategies to Combat El Niño-Induced Drought

The Panama Canal Authority has been implementing new economic and operational strategies to address water scarcity challenges posed by the 2023-2024 El Niño.

September 13, 2024
Total Views: 2314

Monday, August 26, 2024
Shipping

Panama Canal Plans Reservoir Expansion to Combat Next Drought

By Marianna Parraga Aug 26 (Reuters) – The Panama Canal expects to be ready to combat a possible new drought, which could hit the world’s

August 26, 2024
Total Views: 906

Tuesday, July 30, 2024
Shipping

Panama Canal Looks to Boost Transits in September as Rains Come Early

PANAMA CITY, July 30 (Reuters) – The Panama Canal expects to increase the number of daily transit slots for vessels to 36 from the current 34

July 30, 2024
Total Views: 2354

Tuesday, July 9, 2024
News

Panama Canal Expects New Water Reservoir for Ship Crossings in 6 Years

PANAMA CITY, July 8 (Reuters) – The Panama Canal expects to complete a billion-dollar construction of a new water reservoir within six years that

July 9, 2024
Total Views: 1911

Thursday, June 27, 2024
Shipping

Panama Canal Boosts Capacity on Eighth Anniversary of Expansion Project

The Panama Canal is marking the eighth anniversary of its historic expansion program by increasing its draft and daily transits amid an ongoing water crisis.

June 27, 2024
Total Views: 1105

Tuesday, June 18, 2024
Shipping

Panama Canal Considers New Reservoir to Help Maintain Water Levels

By Charlotte Goldstone (The Loadstar) – A new reservoir at the Panama Canal to improve reliability could be ready within four to five years of

June 18, 2024
Total Views: 3025

Friday, June 14, 2024
Shipping

Panama Canal Averts Shipping Crisis With Its Water Plan

(Bloomberg) — The Panama Canal has managed to ward off a shipping crisis that threatened to upend $270 billion a year in global trade. It did so with

June 14, 2024
Total Views: 2445

Wednesday, June 12, 2024
Shipping

Panama Canal Continues to Ease Drought Restrictions as Rainy Season Kicks Off

The Panama Canal Authority has announced another increase in the number of daily transits through the waterway’s locks as rainfall returns to the region. The

June 12, 2024
Total Views: 978

Thursday, May 30, 2024
Shipping

Panama Canal Increases Maximum Draft Ahead of Schedule

The Panama Canal Authority announced Thursday an increase in the maximum authorized draft of the Panama Canal’s Neopanamax locks to 45 feet, bringing it

May 30, 2024
Total Views: 6062

Thursday, May 16, 2024
Shipping

Panama Canal Slowly Returning to Normal Operations

The increase in water levels in the Panama Canal has sparked hopes of a potential return to normal operations for container shipping after over a year of

May 16, 2024
Total Views: 3930

Friday, May 10, 2024
Shipping

Panama Canal in Talks With US LNG Producers to Increase Transit

PANAMA CITY, May 9 (Reuters) – The Panama Canal is in talks with U.S. liquefied natural gas (LNG) producers on how to meet

May 10, 2024
Total Views: 1865

Wednesday, May 1, 2024
Marine Weather

El Nino, Water Management Issues Blamed for Snarling Panama Canal

SAO PAULO, May 1 (Reuters) – The El Nino climate phenomenon, not climate change, drove lower rainfall last year that reduced the Panama

May 1, 2024
Total Views: 1268

Tuesday, April 16, 2024
Shipping

Panama Canal Increases Booking Slots Amid Expected Rainfall

The Panama Canal Authority (ACP) has announced an increase in booking slots for its Panamax locks starting mid-May, in response to current and predicted water

April 16, 2024
Total Views: 1596

Thursday, April 11, 2024
Shipping

Panama Canal Plans to Normalize by 2025, Weather Permitting

As the dry season draws to a close, the Panama Canal Authority (ACP) is adjusting its operations to align with the climate conditions. Taking into account the

April 11, 2024
Total Views: 2133

Monday, April 1, 2024
A tanker transits the Panama Canal Locks
Shipping

Navigating Uncertainty: El Niño, La Niña, and the Panama Canal Drought

By Rick Shema, CCM There has been much discussion regarding disruptions in maritime shipping through the  Panama Canal primarily due to the drought

April 1, 2024
Total Views: 2198

Wednesday, March 20, 2024
Shipping

Panama Canal Forced to Balance Shipping Demand with Need for Drinking Water

By Anastasia Moloney PANAMA CITY, March 20 (Thomson Reuters Foundation) – As a colossal Chinese container ship maneuvered into the narrow Miraflores

March 20, 2024
Total Views: 3075

Tuesday, March 12, 2024
Shipping

Panama Canal Increasing Daily Transit Slots Amid Improved Water Levels

The Panama Canal Authority (ACP) has announced an increase in the number of daily transit slots available in the older Panamax Locks. The measures come in

March 12, 2024
Total Views: 5193

Wednesday, February 21, 2024
Shipping

Facing a Water Crisis, Panama Canal Pledges $8.5 Billion Towards Climate Resilience

The Panama Canal Authority has announced plans to allocate more than $8.5 billion in capital investments towards sustainability projects over the next five

February 21, 2024
Total Views: 7259

Thursday, February 8, 2024
Shipping

End of El Niño Could Bring Relief for Panama Canal Water Crisis

The National Weather Service’s Climate Prediction Center is forecasting an end to El Niño conditions by April-June 2024, with a 79% probability. The

February 8, 2024
Total Views: 5111