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.
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.
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.
16 Aug 2014
Diversions related to the ongoing negotiations on the U.S. West Coast between the International Longshore and Warehouse Union and the Pacific Maritime Association continue to have an impact elsewhere.
11 Aug 2014
The International Transport Workers’ Federation and four Panamanian unions have accused the Panama Canal Authority of ongoing failure to provide decent pay and safe working conditions for more than 9,000 affiliated maritime workers in the canal zone.
11 Aug 2014
The Panama Canal Authority is warning a drought might force it to limit the drafts of container vessels traversing the waterway, reducing the amount of cargo container ships can carry.
09 Aug 2014
The third set of Panama Canal locks aren't even completed yet, and yet Panama continues to talk openly about a fourth set of locks to handle even bigger ships.
07 Aug 2014
International Container Terminal Services saw profit, revenue and volumes increase at double-digit rates in the first half of 2014.
06 Aug 2014
Increased cargo capacity in larger ships transiting the expanded Panama Canal will raise risks for the maritime industry, Allianz Group said in a new report.
04 Aug 2014
The Panama Canal Authority and the consortium hired to build a third set of locks have amended their construction contract to reflect a March settlement of a payment dispute that interrupted work for two weeks.