NEWS
Dry-Bulk Ships Head for Record Low on Indonesian Ore Ban
Freight rates for the biggest vessels to navigate the Panama canal are poised to slump to a record because of Indonesia’s ban on exports of nickel and aluminum ore, according to [...]
LNG round trip fee for Panama Canal floated
Many questions remain on whether the economics of the expanded waterway will prove attractive for LNG shipments Owners and operators wanting to send an LNG carrier through the expanded Panama Canal [...]
Panama Canal reports progress on expansion project
Contractors at the Panama Canal have received the second set of rolling gates from Italy for a new set of locks, part of a massive project to expand the waterway for [...]
Panama Canal Authority Trains Pilots for Expanded Canal
In its June 3 monthly canal operations summary, the Panama Canal Authority (ACP) announced the chartering of a Neopanamax vessel for training pilots and tugboat captains who will be assisting in [...]
Booming Panama – No Longer ‘Just a Canal’
Panama has long been blighted by misconceptions. When most people think of Panama, they think of the canal, hats, cigars and 'Prison Break'. For that reason, Panama has largely remained beneath [...]
The Panama Canal expansion and its recovery in the region
International trade will receive a strong boost with the inauguration of the works increasing the Panama Canal. They will allow much larger ships to pass, and greater traffic and diversification of [...]