panama canal

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

Thursday, August 31, 2023
Shipping

Panama Canal Shipper Pays $2.4 Million to Skip the Line

By Alex Longley, Ruth Liao and Anna Shiryaevskaya (Bloomberg) — Shippers are having to pay record amounts if they want their carriers to beat a logjam

August 31, 2023
Total Views: 22011

Friday, August 25, 2023
Shipping

Panama Canal to Extend Transit Restrictions for at Least 10 More Months

PANAMA CITY, Aug 24 (Reuters) – The Panama Canal expects to maintain restrictions on daily vessel transit and maximum draft for at least 10

August 25, 2023
Total Views: 2464

Monday, August 21, 2023
Shipping

Historic Drought, Hot Seas Slow Panama Canal Shipping

LOS ANGELES/HOUSTON, Aug 21 (Reuters) – Before the Ever Max ship carrying lava lamps, sofas, Halloween costumes and artificial Christmas trees could

August 21, 2023
Total Views: 3220

Wednesday, August 16, 2023
Shipping

Panama Canal Extends Transit Restrictions Caused by Drought

PANAMA CITY, Aug 16 (Reuters) – The Panama Canal Authority on Wednesday notified shippers it is extending through September 2

August 16, 2023
Total Views: 4885

Thursday, August 10, 2023
An LNG carrier transits through the Panama Canal. Photo credit: Flystock/Shutterstock
Shipping

Panama Canal Reduces Booking Slots to Help Ease Congestion

By Elida Moreno and Marianna Parraga PANAMA CITY, Aug 10 (Reuters) – The drought-hit Panama Canal has temporarily limited the

August 10, 2023
Total Views: 3261

Tuesday, August 8, 2023
Shipping

Panama Canal Draught Restrictions Spark Liner Surcharges

By Ian Putzger, Americas correspondent (The Loadstar) – Evergreen’s latest addition to its neo-panamax fleet had to offload 1,400 containers to pass

August 8, 2023
Total Views: 13998

Wednesday, August 2, 2023
Shipping

Panama Canal Authority Defies Drought Challenges with Transit of Biggest Containership

In the face of severe drought conditions that have impacted Panama Canal operations, the Panama Canal Authority (ACP) has celebrated the northbound transit of

August 2, 2023
Total Views: 8056

Tuesday, July 25, 2023
Shipping

Severe Drought Forces Panama Canal to Restrict Number of Daily Vessel Transits

The Panama Canal Authority has announced plans to reduce daily vessel transits to help conserve water due to an ongoing drought. The new restrictions come as

July 25, 2023
Total Views: 5924

Tuesday, July 11, 2023
Shipping

Cheniere Bypassing Panama Canal for Longer LNG Routes to Asia

By Curtis Williams VANCOUVER, July 10 (Reuters) – Top U.S. LNG exporter Cheniere Energy is shunning the Panama Canal to transport liquefied natural

July 11, 2023
Total Views: 3961

Sunday, July 2, 2023
Shipping

Panama Canal To Keep Limits In Place As Drought Hits Lake Levels

By Michael McDonald (Bloomberg) –The Panama Canal will likely keep restrictions on shippers in place this year as a drought has caused water levels

July 2, 2023
Total Views: 4175

Tuesday, June 27, 2023
Shipping

Panama Canal Marks Expansion Project’s 7th Anniversary Facing Major Challenge

The Panama Canal Authority is marking the seventh anniversary of the opening of its expanded Neopanamax locks, facing what may be its most significant

June 27, 2023
Total Views: 3397

Saturday, June 24, 2023
Shipping

Panama Canal Postpones Depth Restrictions After Much-Needed Rain

PANAMA CITY (Reuters) – The Panama Canal will postpone depth restrictions that were set to affect the largest ships crossing

June 24, 2023
Total Views: 3762

Thursday, June 22, 2023
Shipping

Drought-Hit Panama Canal Further Restricts Maximum Ship Depth

By Elida Moreno PANAMA CITY, June 21 (Reuters) – The Panama Canal will expand restrictions on the largest ships crossing the waterway, one of

June 22, 2023
Total Views: 2674

Tuesday, June 6, 2023
Shipping

Drought-Stricken Panama Canal Prepares for El Niño Impacts

The Panama Canal Authority (ACP) is closely monitoring the development of climatic events that could impact water availability in the region and shipping

June 6, 2023
Total Views: 5172

Saturday, June 3, 2023
Shipping

The Fed’s Inflation Fight Faces A New Challenge: A Dry Panama Canal

By Laura Curtis, Ruth Liao and Michael D McDonald (Bloomberg) –Federal Reserve Chair Jerome Powell keeps careful track of employment levels,

June 3, 2023
Total Views: 86744

Tuesday, May 23, 2023
Shipping

Panama Canal Draft Restrictions Could Halt Coastal Shift

By Mike Wackett (The Loadstar) – The Panama Canal Authority (ACP) is to further reduce the maximum draft allowed for vessels transiting the waterway

May 23, 2023
Total Views: 4929

Friday, May 19, 2023
Shipping

Panama Canal Imposes Additional Shipping Restrictions Amid Worsening Drought 

By Laura Curtis, Ruth Liao and Michael McDonald (Bloomberg) — A severe drought affecting the Panama Canal is forcing container vessels to lighten

May 19, 2023
Total Views: 16436

Wednesday, April 19, 2023
Shipping

Drought Forces Panama Canal Authority to Lower Vessel Draft Limits

The Panama Canal Authority (ACP) has been forced to lower the maximum draft of vessels transiting the expanded Panama Canal’s Neopanamax locks due to an

April 19, 2023
Total Views: 5759

Friday, March 10, 2023
Close Call in Panama Canal Locks Raises Safety Concerns
Shipping

Close Call in Panama Canal Locks Raises Safety Concerns

By Charlie Bartlett (The Loadstar) – OOCL Utah‘s near-collision on Sunday with a Panama Canal lock gate suggests a tragic and costly accident

March 10, 2023
Total Views: 29008

Wednesday, March 8, 2023
Shipping

Panama Canal Sees Falling Cargo Volumes Ahead

By Milagro Vallecillos PANAMA CITY, March 8 (Reuters) – The amount of cargo passing through the Panama Canal is expected to shrink this fiscal

March 8, 2023
Total Views: 7357