This video shows the process of removing the barrier separating the waters of the Pacific Ocean from the new Cocoli locks on the Pacific side of the Panama Canal, marking another milestone in the construction of the ‘Third Set of Locks’.
Photos courtesy micanaldepanama.com
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CMA CGM has postponed its $150 per TEU Low Water Surcharge on cargo moving from South America’s west coast through the Panama Canal, where more restrictions on draught and transits are expected.
By Ruth Liao, Lucia Kassai and Nicholas Lua (Bloomberg) — A shipper needing to transit the Panama Canal bid a record $5.3 million to secure its spot, according to people familiar...
Waterways the world over are contending with all manner of chaos, especially the Panama Canal where congestion is worsening as a consequence of the war in the Middle East and low-water restrictions loom.
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