panama canal

Panama Canal news and operations coverage – current draft limits, water level data, reservation backlogs, toll adjustments, and route diversion cost comparisons.

Tuesday, July 9, 2024
A CMA CGM containerships transits the Panama Canal
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: 1947

Thursday, June 27, 2024
A CMA CGM containerships transits the Panama Canal
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: 1116

Tuesday, June 18, 2024
A tanker transits the Panama Canal Locks
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: 3032

Friday, June 14, 2024
A tanker transits through the Panamax locks of the Panama Canal. Photo courtesy Panama Canal Authority
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: 2452

Wednesday, June 12, 2024
A tanker transits through the Panamax locks of the Panama Canal. Photo courtesy Panama Canal Authority
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: 985

Thursday, May 30, 2024
A tanker transits through the Panamax locks of the Panama Canal. Photo courtesy Panama Canal Authority
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: 6076

Thursday, May 16, 2024
panama canal tonnage record
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: 3936

Friday, May 10, 2024
An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
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: 1872

Wednesday, May 1, 2024
An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
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: 1276

Tuesday, April 16, 2024
Several freighters, assisted by tugboats, are entering the Panama Canal at Gatun Locks on the Atlantic side.
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: 1617

Thursday, April 11, 2024
Drought hit Panama Canal further restricts maximum ship depth
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: 2148

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: 2199

Wednesday, March 20, 2024
An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
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: 3126

Tuesday, March 12, 2024
Several freighters, assisted by tugboats, are entering the Panama Canal at Gatun Locks on the Atlantic side.
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: 5197

Wednesday, February 21, 2024
Several freighters, assisted by tugboats, are entering the Panama Canal at Gatun Locks on the Atlantic side.
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: 7272

Thursday, February 8, 2024
Drought hit Panama Canal further restricts maximum ship depth
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: 5136

Sunday, January 14, 2024
Vessels transit through the Panama Canal, on the outskirts of Panama City. REUTERS/Roberto Cisneros
Shipping

Cost To Jump Panama Canal Line Just Got A Whole Lot Cheaper

By Ruth Liao (Bloomberg) –The cost for shippers to jump ahead of congestion at the Panama Canal has significantly dropped from multimillion-dollar

January 14, 2024
Total Views: 19963

Wednesday, January 10, 2024
A Maersk ship in the Panama Canal
Shipping

Maersk to Implement ‘Land Bridge’ to Bypass Drought-Hit Panama Canal

Maersk has announced plans to modify one of its services through the Panama Canal by implementing a so-called “land bridge” across Panama amid

January 10, 2024
Total Views: 27500

Sunday, January 7, 2024
A CMA CGM containership underway in the Suez Canal
Shipping

War, Weather Put Ocean Shippers On Notice For Rough Seas In 2024

By Lisa Baertlein LOS ANGELES, (Reuters) – Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop – but it is

January 7, 2024
Total Views: 4910

Wednesday, January 3, 2024
Photo of a post-panamax ship entering the locks in the new panama canal
Shipping

Saving the Panama Canal Will Take Years and Cost Billions

By Peter Millard and Michael D McDonald (Bloomberg) The vestiges of an ancient forest tell the story of just how bad things are at the

January 3, 2024
Total Views: 6779