Fee modifications to be implemented on April 15, 2021, will allow the waterway to simplify its reservation structure and better manage capacity. Panama City, Panama, February 17, 2021 – The Panama Canal announced today that it will modify its transit reservation fees and other maritime services (OMS) in order to better respond to evolving [...]
Panama's Atlantic Terminals Join the Panama Canal in Efforts to Facilitate COVID-19 Vaccine Distribution Panama City, Panama, February 8, 2021 – Manzanillo International Terminal (MIT) and Colon Container Terminal (CCT), both port terminals located on the Atlantic side of Panama, have joined the collaboration efforts to help optimize supply routes for the distribution of [...]
Panama Canal Helps Save the Planet More Than 13 Million Tons of CO2 in 2020 The waterway launches CO2 Emissions Dashboard with savings by vessels that use the Panama Canal. Panama City, Panama, January 27, 2021 – By offering a shorter route for ships, the Panama Canal contributed to a reduction of more [...]
Millions of dollars in rejected trade Carriers rejected an estimated 177,938 containers known as TEUs (20-foot equivalent units) in October and November, according to analysis of data compiled from the Census Bureau and the ports of Los Angeles, Long Beach, California, and New York and New Jersey. Shipping carriers rejected U.S. agricultural [...]
Ikea’s Singapore operations called it a “global transport crisis” in a mid-January Facebook post: “The surge in demand worldwide for logistical services at this time has resulted in a global shortage of shipping containers, congested seaports, capacity constraints on vessels, and even lockdown in certain markets, amongst other challenges.” The furniture giant [...]
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