The Panama Canal Authority is preparing for tighter capacity in 2027, expecting average daily transits for the upcoming fiscal year to fall below 30.
The Panama Canal is not ruling out new restrictions on ship traffic due to a drought exacerbated by the El Nino weather ...
The mechanism by which "water shortages," "vessel concentration," and "alternative routes" drive up logistics costsIn Day 8, we compared the three major choke points—the Strait of Hormuz, the Suez ...
A South Korean gas shipper sets a new auction record – but the total bill will be even higher. The post $5.3 million a new record for Panama Canal transit appeared first on FreightWaves.
PANAMA CITY (AP) — Panamanian President José Raúl Mulino on Thursday denied the U.S. State Department's claim that his country had reached a deal allowing U.S. warships to transit the Panama Canal for ...
The headline grabbing global attention is simple enough: a shipowner reportedly paid more than $5 million for a single Panama Canal transit slot. But that may only mark the start of an historic surge ...
Panama has denied a US claim that it had agreed to waive fees for US government ships using the canal, a claim made as US President Donald Trump continues to press his case to “take back” the canal.
Cranes load and unload containers from cargo ships at the Cristobal port, operated by the Panama Ports Company, in Colon, Panama, Tuesday, Feb. 4, 2025. (AP Photo/Matias Delacroix) PANAMA CITY (AP) — ...
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