Panama Canal News

Panama Canal map

Read news and analysis on the Panama Canal, including discussions of development and reports on tolls and traffic, including ocean carrier strategies involving use of the Panama Canal for all-water service from Asia to the U.S. East Coast.

The Panama Canal Authority is currently much of the way through a multi-year expansion program that involves the construction of two new sets of locks, on the Pacific and Atlantic sides of the canal, to accommodate larger ships. The project also involves the widening and deepening of navigational channels in Gatun Lake, as well as the deepening of Culebra Cut.

For specific updates and insight into the expansion project slated for completion in 2015, readers should also consult the JOC’s Panama Canal Expansion special topic.

Commentary

 
We had another record in PC/UMS (Panama Canal Universal Measurement System) tonnage recorded during fiscal year 2012 despite a 0.95 percent decrease in transits.

News & Analysis

 
16 May 2013
LONG BEACH, Calif. — As North American container ports compete fiercely for market share, it’s becoming clear that the winners will be those that reliably and efficiently handle mega-ships on the water and land side of the berths.
Panama-Suez Canal comparison
 
03 May 2013
Container shipping lines are shifting more of their all-water services from Asia to the U.S. East Coast to the Suez Canal route, instead of sailing through the Panama Canal.
Steve Signall, chairman of the Tri-City Port Board, and Gary LaGrange, executive director of the Port of New Orleans, shake hands after executing a joint marketing deal.
 
11 Apr 2013
Officials with America’s Central Port in Illinois and the Port of New Orleans have formalized a marketing agreement to identify and facilitate commercial opportunities between the two ports.
U.S. Capitol building with flag in front.
 
10 Apr 2013
WASHINGTON, D.C. — The debate over U.S. infrastructure funding surfaced at a Senate hearing on the expansion of the Panama Canal today, with speakers noting the broad impact the bigger canal would have on U.S. ports, shipping lines, railroads and truckers.
 
09 Apr 2013
About 42 percent of the work on the new locks for the Panama Canal expansion has been completed, the Miami Herald reports.
 
05 Apr 2013
U.S. Senate Committee on Commerce, Science and Transportation will hold a hearing on April 10 at 2:30 p.m. EDT titled “Expanding the Panama Canal: What Does It Mean for American Freight and Infrastructure?”
Winners and losers arrow pointing up.
 
03 Apr 2013
There’s been no shortage of market-defining action in the first three months of 2013. Who's up and who's down?
 
20 Mar 2013
Countries in Central America, the Dominican Republic and Belize must “dramatically” improve their intermodal road and port network infrastructure, as well as the quality of their trucking services, and strengthen their institutional coordination, in order to cope with the larger vessels that will transit through the Panama Canal when its expansion is complete in 2015, according to two studies issued by the Inter-American Development Bank.
Panama Canal reaches another milestone in its expansion project.
 
06 Mar 2013
The Panama Canal Authority has completed the dredging to deepen and widen the navigational channels along Culebra Cut as part of its expansion program.
 
22 Jan 2013
Belgium's Antwerp Port Authority and the Panama Canal Authority have reconfirmed their collaboration agreement to promote trade between the port and the west coast of South America via the Panama Canal.