Trump’s ambition to retake the Panama Canal could have a heavy cost
WASHINGTON D. C. : In recent weeks, when he was president-elect, Donald Trump publicly said that Panama should return the Panama Canal to the United States and that he would not rule out using military force to reclaim
Panama Canal “is and will remain” Panamanian: Panama’s President tells Trump
PANAMA CITY : Panama on Monday rejected President Donald Trump‘s pledge that the United States would be “taking back” the Panama Canal, saying the key interoceanic waterway would remain under its control. “I must
Panama Canal’s net income rose to $3.45 Billion despite drought
PANAMA CITY : The Panama Canal’s profit increased about 9.5% in the fiscal year ended in September to $3.45 billion despite a severe drought that reduced the number of vessels that passed through the
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. During this period, sailing distances for
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 year of restrictions due to a
Panama Canal in talks with US LNG producers to increase transit
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 after a prolonged drought, the canal’s
A new solution proposed for drought-stricken Panama Canal goes around it
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 Dry Canal project that will begin
Impact to global trade of disruption of shipping routes in the Red Sea, Black Sea and Panama Canal – UNCTAD rapid assessment
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 trading map. Two months into 2024,