Panama Canal CEO says Trump’s plans would “Lead To Chaos”
CAIRO : Granting Donald Trump’s demand for US ships passing through the Panama Canal to get preferential treatment would “lead to chaos,” the head of the authority running
MSC announces Panama Canal Charges effective 1st Jan 2025
GENEVA : Effective 1 January 2025, the Panama Canal Authority will introduce modifications to its Transit Reservation System, including adjustments to charges, changes in the tariff structure, and the
Asia-US container rates fall, but average global rates rise as possible port strike nears
HOUSTON : Rates for shipping containers from east Asia and China to the US were flat to softer in the last week while global average rates rose by
Panama Canal says shipping rebound is underway after record drought
PANAMA CITY : After two years of record drought conditions amid a challenging El Nino weather system which decimated vessel transits, the Panama Canal is experiencing a trade rebound. Ricaurte Vásquez, administrator
MSC Marie becomes largest capacity Neopanamax to transit the Panama Canal
GENEVA : MSC Marie container ship crossed the Panama Canal and made a new record. It became the biggest capacity Neopanamax to transit the strategic waterway, overtaking the
Panama Canal delays new long term booking system to October
EGYPT : Implementation of the Panama Canal Authority’s (ACP) new long- term slot allocation (LoTSA) system has been delayed until 1 October, except for LNG and LPG tankers.
Panama canal averts shipping crisis with its water plan — and some luck
PANAMA CITY : 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
Panama Canal slowly returning to normal operations
PANAMA CITY : 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
Maersk resumes Panama Canal transit service as rainy season approaches
COPENHAGEN : AP Moller-Maersk will resume Panama Canal transits on an east-west service that was suspended because of low water levels. Panama Canal increases transits again as Red
Panama Canal drought could threaten global supply chain : S&P
MEXICO CITY : The severe drought which has forced the Panama Canal, one of the world’s busiest trade passages, to limit daily crossings could impact global supply chains