BIMCO: Ship transits via the Panama Canal have increased 8% y/y
LONDON : According to Filipe Gouveia, so far this year, ship transits via the Panama Canal have increased 8% y/y to a daily average of 38, driven by the tanker sector. Transits have been
China told Maersk and MSC to drop Panama port operations, FT reports
BEIJING : China has told Danish shipping group Maersk (MAERSK), and Switzerland-based Mediterranean Shipping Company (MSC ) to cease operating ports on the Panama Canal, the Financial Times reported on Wednesday. In a meeting
Maersk to take over Panama Canal ports temporarily from HK firm after court ruling
COPENHAGEN : Danish firm Maersk will temporarily operate two ports on the Panama Canal after a court ruled that contracts given to a Hong Kong firm were unconstitutional. The Panama Maritime Authority (AMP) announced
Panama Canal celebrates 111 Years
PANAMA CITY : On August 15th, The Panama Canal marks 111 years of operations, renewing its commitment to a sustainable future through a water strategy focused on public well-being and an operational vision that
Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade at Northwestern University
PANAMA CITY : The Panama Canal Administrator, Dr. Ricaurte Vásquez Morales, delivered the 43rd Annual William A. Patterson Distinguished Transportation Lecture, this week, in which he laid out the crucial role the Panama Canal
Trump’s call for free U.S. passage through Suez Canal sparks outcry in Egypt
CAIRO : U.S. President Donald Trump’s recent call for free passage of American ships through the Suez Canal has triggered widespread condemnation in Egypt, where legal experts, political leaders, and citizens have denounced his
Donald Trump : US ships should be allowed to travel through the Panama and Suez canals for free
WASHINGTON : US President Donald Trump said on Saturday that American military and commercial ships should be allowed to travel through the Panama Canal and Suez Canal free of charge. “I’ve asked Secretary of
CK Hutchison invested $1.7 bln in Panama, surpassing obligations, it says
LONDON : A company controlled by Hong Kong-based CK Hutchison has invested $1.7 billion in two ports near the Panama Canal, it said on last Wednesday, surpassing the amount required under its contract, which is