Panama Canal News

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

Canals used to be a sleepy topic. Suddenly, times have changed.

News & Analysis

Weekly wrap-up: Ship collision, protests and port congestion
04 Oct 2014
“If it bleeds, it leads,” is a saying in the news industry that means bad news gets higher ratings than good news, and that rang true on JOC.com this past week.
03 Oct 2014
When the new, expanded Panama Canal finally opens sometime in early 2016, an armada of ships twice the size of those capa
Nicaragua Canal
26 Sep 2014
Roughly 500 Nicaraguan farmers protested against the Nicaragua Canal this week, angered that the $40 billion plan includes the seizure of their land.
Jorge Quijano
16 Sep 2014
A $400 million loan necessary to complete the $5.3 billion Panama Canal expansion project has been received by the engineering consortium responsible for widening the canal, according to the Panama Canal Authority’s lead administrator, Channel News Asia reported.
Nicaragua Canal route map
11 Sep 2014
Construction on the controversial Nicaragua Canal will begin in December, a member of the Nicaragua Grand Canal Commission has confirmed.
11 Sep 2014
The head of the Panama Canal says container lines that have maintained their all-water Panama Canal services rather than diverting ships to the Suez Canal will receive discounts when the canal is expanded in 2016
10 Sep 2014
The early 2016 date for the opening of the expanded Panama Canal was endorsed this week by the president of Panama.
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.
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.
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.