Several carriers have planned general rate increases in multiple trade lanes in April and May, although any gains achieved could be temporary as overcapacity and sluggish global demand continues.
09 Aug 2013
Crowley Maritime’s Panama liner and logistics teams have relocated to a new, shared location in Panama City.
05 Aug 2013
The first four new gates for the Panama Canal’s third set of locks is scheduled to arrive in Panama from Italy on Aug. 19, 2013.
26 Jul 2013
Major container lines have announced rate increases for a variety of trades, as detailed below, slated to take effect in August and September.
19 Jul 2013
Major container lines have announced rate increases for several trade lanes, as detailed below, slated to take effect in August...
18 Jul 2013
Cuba’s Ministry of Foreign Relations has announced that the missile systems that Panama seized from a North Korea-flag ship were “obsolete defensive weapons” that Cuba was sending...
16 Jul 2013
Panama has detained a North Korean-flagged ship coming from Cuba as it approached the Panama Canal with undeclared weapons, according to the nation’s President Ricardo Martinelli, Reuters reports.
12 Jul 2013
Major container lines have announced rate increases for a variety of trades, as detailed below, with most slated to take effect in August.
10 Jul 2013
The number of container ships passing through the Panama Canal fell further in June, down 9.5 percent year-over-year. This followed two previous months of accelerating declines, and is the fifth consecutive month showing year-over-year decreases in total.
08 Jul 2013
The Panama Canal Authority is studying the construction of a fourth set of new locks that would accommodate super post-Panamax vessels, which would run parallel to the third set of locks currently under construction, as part of its $5.2 billion expansion project, according to Breakbulk, JOC’s sister publication.
25 Jun 2013
Ministers from the member states of the European Free Trade Association — Iceland, Liechtenstein, Norway and Switzerland — have signed two separate free trade agreements with Bosnia and Herzegovina, and Costa Rica and Panama, in order to strengthen bilateral economic ties and promote cross-border trade and investment.