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 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: 2383

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: 1978

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: 1150

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: 3045

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: 2475

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: 1007

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: 6100

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: 3953

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: 1882

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: 1301

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: 1646

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: 2176

Monday, April 1, 2024
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: 2228

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: 3156

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: 5220

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: 7305

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: 5158

Sunday, January 14, 2024
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: 19995

Wednesday, January 10, 2024
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: 27568

Sunday, January 7, 2024
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: 4929