Dry bulk sailing distances jump 31% for routes using the Panama Canal : BIMCO
LONDON : “The limits in daily transits in the Panama Canal have significantly affected the dry bulk market, with transits down 74% y/y between January and April 2024.
LONDON : “The limits in daily transits in the Panama Canal have significantly affected the dry bulk market, with transits down 74% y/y between January and April 2024.
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
NEW YORK : The Panama Canal is in talks with U.S. liquefied natural gas (LNG) producers on how to meet increased demand for crossings as water levels recover
PANAMA CITY : As droughts continue to deplete the Panama Canal’s water levels, the maritime trading hub’s operators are planning a workaround. On Wednesday, Panama officials announced a new Multimodal
GENEVA : This UNCTAD rapid assessment looks into the situation of interntional shipping amid disruptions that have the potential to reshape global maritime networks and reconfigure the world
NEW YORK : More than 100 industry trade associations representing the apparel, retail, energy, agriculture, electronics and medicine sectors have formed a global coalition to safeguard Red Sea commerce. On
LONDON : UNCTAD has raised profound concerns over escalating disruptions to global trade. The Intergovernmental Body noted that recent attacks on ships in the Red Sea, combined with
CAIRO : When traffic through the Suez Canal ground to a halt in 2021, the extraordinary cost and disruptions to global commerce seemed overwhelming. But 5,000 miles from
NEW JERSEY : Shippers have diverted about $65 billion worth of cargo away from the Red Sea as they face the threat of attacks from Houthi militants in
INDORE : External Affairs Minister Dr. Subrahmanyam Jaishankar signed an MoU to enhance cooperation in the training of diplomats during his bilateral meeting with Panamanian Foreign Minister Ms. Janaina Tevane Mencomo