More larger ships expected as carrier alliances revise schedules.
06 Jan 2015
The Panama Canal Authority released proposals for a new toll structure that it has been reviewing with various industry segments for the last year.
05 Jan 2015
The Panama Canal Authority recently cleared the way for building a big new transshipment port at Corozal near the Pacific entrance of the canal that is expected to boost traffic once the current expansion project is completed in early 2016.
31 Dec 2014
The lack of detailed financial information on the Nicaragua canal from project leader HKND Group continued this week with the announcement by chairman and CEO Wang Jing that the company was planning to launch an initial public offering to fund the $50 billion waterway.
27 Dec 2014
The Central American canal projects continue to generate questions over funding — where it will come from in the case of the proposed Nicaraguan plan, and where it is going in the Panama Canal upgrade.
19 Dec 2014
Carriers announced general rate increases that span into February this week, as spot rates around the globe respond to mid-December rate hikes. Drewry Maritime Research’s World Container Index composite index, which measures 11 East-to-West trade lanes, jumped a cumulative 35.8 percent this week.
19 Dec 2014
APM Terminals will start construction of a new container terminal in Costa Rica next eyar after scaling the final hurdle facing the long-delayed $1 billion project.
16 Dec 2014
The installation of new gates at a Panama Canal expansion site will bring the project to 84 percent of completion ahead of an estimated early 2016 opening date, the canal authority says.
10 Dec 2014
Hapag-Lloyd and CSAV will launch new joint services between March and June, the carriers said today after unveiling new-and-improved service loops.
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