Panama Canal drought could boost New Year rates
PANAMA : Drought in Panama and war around the Red Sea and Suez is a slow-burning but developing crisis for the container shipping industry as both canals become choke points
The Panama Canal auctions more spots to jump the line amid a growing backlog of ships waiting to tra
CAIRO : As the backlog of vessels waiting to cross the Panama Canal grows, authorities are letting ships bid on more spots that cut the line. According to
Panama Canal traffic is being throttled by climate change impact
CAIRO : The Panama Canal doesn’t have enough water. A lack of rainfall, blamed on climate change, is leading to a steady decline in water levels on the
Panama Canal reduces the maximum number of ships travelling the waterway to 31 per day
EGYPT : The Panama Canal announced Saturday it will reduce the maximum number of ships travelling the waterway to 31 per day, from 32 in August, due to
Panama Canal adjusts freshwater charge
EGYPT : The Panama Canal has announced that it will modify the variable component of the Fresh Water Charge (FWC) which will take effect on 1st October. As
Panama Canal maintenance work aims to extend its life by a century
PANAMA : From their vantage point in cranes overlooking the Panama Canal, operators scrutinize the century-old walls of one of its locks as the high-pitched siren of a
Panama Canal implements ‘disruption charge’
BALBOA (PANAMA CITY) ; An incident in the Panama Canal could prove costly as the Panama Canal Authority (ACP) implements a ‘disruption charge’ for vessels causing delays and