Panama

Panama

Source: Panama Canal Authority
21 Jul 2014
The first gates of the Panama Canal expansion program have been moved to the new locks complex on the Atlantic side, marking another milestone in the $5.25 billion project.
Panama Canal locks project
17 Jul 2014
An arbitration hearing is set to begin Monday in Miami on a contractor’s claim for $180 million in cost overruns for expansion of the Panama Canal.
09 Jul 2014
The Panama Canal Authority, which earlier this year dismissed the possibility of an alternate canal through Nicaragua, had a more cautious reaction this week following the Nicaraguan government’s approval of plans by a Hong Kong-based company for the proposed $40 billion canal.
Ocean carrier rate revision roundup for July 4
04 Jul 2014
Several container lines have planned general rate increases in multiple trade routes to take effect Aug. 1...
The Top 6 most productive ports in the Americas
27 Jun 2014
Ports in the Americas showed increased productivity in 2013 versus the previous year, which is good news for shippers as vessels worldwide grow increasingly larger. Our slideshow reviews the Top 6 ports in the western hemisphere in 2013.
Work on the current Panama Canal expansion project.
26 Jun 2014
The Panama Canal Authority is already thinking beyond the limits of the current expansion project.
17 Jun 2014
The decision today by the world’s three biggest container lines to scrap plans to implement the P3 Network this fall is likely to boost container traffic through the Panama Canal.
Ocean Carrier Rate Revision Roundup for June 13
13 Jun 2014
Multiple container lines have planned general rate increases in various trade routes to take effect in July...
11 Jun 2014
The second of four shipments of new rolling gates for the Panama Canal Expansion Program arrived at the canal yesterday afternoon after nearly one month at sea.
Ocean Carrier Rate Revision Roundup for June 6
06 Jun 2014
Numerous container lines have planned general rate increases in various trade routes to take effect July 1, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
U.S. containerized exports
14 May 2014
U.S. containerized exports edged down 0.5 percent year-over-year in March to 1,075,428 TEUs, the second consecutive month of decline