Central America

Central America

Jorge Quijano
16 Sep 2014
A $400 million loan necessary to complete the $5.3 billion Panama Canal expansion project has been received by the engineering consortium responsible for widening the canal, according to the Panama Canal Authority’s lead administrator, Channel News Asia reported.
Wrap-up
13 Sep 2014
A new carrier alliance entered the fray this week after weeks of feverish speculation.
Nicaragua Canal route map
11 Sep 2014
Construction on the controversial Nicaragua Canal will begin in December, a member of the Nicaragua Grand Canal Commission has confirmed.
11 Sep 2014
The head of the Panama Canal says container lines that have maintained their all-water Panama Canal services rather than diverting ships to the Suez Canal will receive discounts when the canal is expanded in 2016
Third shipment of new gates for Panama Canal arrives.
08 Sep 2014
The $5.25 billion expansion project to allow larger vessels to traverse the canal is nearly 80 percent complete.
Ocean carrier rate revision roundup for Sept. 5
05 Sep 2014
Multiple container lines have planned general rate increases in numerous trade lanes in September and October, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Puerto Quetzal, Guatemala
03 Sep 2014
Grup TCB has broken ground on a container terminal yard extension at Guatemala’s port of Quetzal that will help the terminal operator get ready for the extra traffic that is expected from the opening of the expanded Panama Canal.
Panama Canal container ship
02 Sep 2014
If the Panama Canal hopes to retain container carrier services from South China and Southeast Asia to the U.S. East Coast and regain those it has lost to the Suez Canal over the last few years, it will have to develop a new pricing structure or lower its tolls after it opens its new locks to commercial traffic in 2016, according to a new report from SeaIntel Maritime Analysis.
Ocean carrier rate revision roundup for Aug. 29
29 Aug 2014
Several container lines have planned general rate increases in trade lanes in the next two months, but any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
Ocean carrier rate revision roundup for Aug. 22
22 Aug 2014
Multiple container lines have planned general rate increases in numerous trade lanes in the coming months, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
18 Aug 2014
Multiple container lines have planned general rate increases in numerous trade lanes in August, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.