The new locks at the Pacific end of the Panama Canal began to fill with water this week in preparation for months of testing of their new gates before they open to commercial traffic in April 2016.
18 Jun 2015
Next year’s expansion of the Panama Canal could boost U.S. East Coast ports’ share of Asian containerized imports by as much as 10 percentage points, according to a new study that contrasts with more conservative forecasts.
28 May 2015
The expansion of the Panama Canal early next year will make an enormous quantity of container ship tonnage available for services that transit the canal, wiping away current capacity restrictions that restrict usage to only small and inefficient ships by today’s standards.
20 May 2015
Maersk’s SeaLand brand focused on Americas trade on Wednesday said it would tie-up with APL to launch a weekly service connecting Colombia, Panama and the U.S. East Coast, starting as soon as next month.
18 May 2015
The degree to which the Panama Canal expansion will alter the global cold chain is yet to be determined, but stakeholders are already seeing signs of a rise in business.
01 May 2015
Panama’s cabinet council has approved a request by the Panama Canal Authority to implement volume-based discounts for container ships. The new toll schedule will take effect April 1, 2016.
01 Apr 2015
Officials at the Panama Canal say an “unusual” backlog of vessels on either side of the waterway is likely due to the lingering effects of U.S. West Coast port congestion more than a month after acrimonious labor disputes there came to a close.
31 Mar 2015
Development of Panama Pacifico, a master-planned community located on the former U.S. Howard Air Force Base near the canal, offers more than 516,000 square feet of expansions and new development projects, and the site has more than 365,000 square feet of available Class A office space, allowing for long-term growth opportunities.
30 Mar 2015
Officials at the Panama Canal on Monday were still working their way through a significant vessel backlog after an “unusual” increase in the number of ships awaiting transit began to back up outside the waterway weeks ago.
26 Mar 2015
A year before its scheduled completion of a $5 billion-plus expansion, the Panama Canal Authority is discussing the idea of building even larger locks to allow head-to-head competition with the Suez Canal.
18 Mar 2015
The agency responsible for the operation and management of the Panama Canal has asked for an international arbitration panel to review a $233 million award to the consortium expanding the waterway.