The Panama Canal Authority (ACP) has entered into a Memorandum of Understanding (MOU) with major UK ports operator, Peel Ports, who own the Port of Liverpool, as the latter gears up for the formal opening of its Liverpool2 container terminal in early November.
Strong container traffic, newly introduced segments and the Expanded Canal all contribute to the 330.7 million tons of goods welcomed through the Canal in FY16, the third highest amount ever recorded. Panama City, Panama, October 20, 2016 – At the close of the 2016 fiscal year (FY16)…
The Panama Canal has recorded the third-highest annual tonnage in its 102-year history in 2016 helped by the opening of the new neopanamax locks. During fiscal year 2016, which went from Oct. 1, 2016 to Sept. 30, 2016, the Panama Canal Authority recorded 330.7 million Panama Canal tons (PC/UMS). Show More Summary
By Linda Card, InternationalLiving.com "People find Panama surprising," says Marianne Tobin, 76, of the country where she now spends much of her time. "Many think only of the canal zone or the beautiful tropical areas. They have no idea...Show More Summary
The Panama Canal Authority (ACP) has issued a Request For Proposals (RFP) to four pre-qualified port operators selected to compete for the concession to design, develop, finance, construct, operate and maintain a 5 million TEU per year container terminal located near Corozal, in the Pacific entrance of the Panama Canal. Show More Summary
The expanded Panama Canal has achieved yet another first with the transit of first bulk cargo through the new locks. The Bermuda-flagged MSC bulk carrier MV Carouge recently completed a southbound transit from the Atlantic to the Pacific Ocean on its voyage from the port of Carbonera Muelle, Colombia to the South Pacific. Show More Summary
The expansion of the Panama Canal will reduce travel time and transportation costs for LNG tankers coming from the U.S. Gulf Coast to key markets in Asia -- Read more on ScientificAmerican.com
When it comes to transiting the new locks on the Panama Canal, not all ships are created equal. In the original configuration of the waterway, small locomotives are used to pull ships through the locks. In the expanded section of the canal, tugboats are used to move the vessels along. Show More Summary
There are cruises that take you along the Panama Canal, to Uruguay and its rich architecture and among the craggy icebergs of Alaska - plus trips to the forested islands around Borneo.
George Will writes in his column today about the importance of the Port of Charleston – and by extension, trade – to the economy of South Carolina. Recent completion of the 10-year project to widen the Panama Canal to accommodate more...Show More Summary
A senior State Department official has serious doubts about the prospects of a 172-mile, inter-oceanic canal across Nicaragua that would compete with the Panama Canal to the south. Nicaragua struck … Click to Continue »
From a cruise on board a traditional fishing boat in the Maldives to horse -riding through coconut-scented valleys in the South Pacific - these exotic voyages are sure to thrill.
We chronicle the construction and controversy of the multibillion-dollar venture to modernise the Panama Canal.
Special note: Now that the expansion to the Panama Canal has been completed, some of the traffic that used the ports of Los Angeles and Long Beach will eventually go through the canal. This could impact TEUs on the West Coast in theShow More Summary
Cruise ship Coral Princess is slated to transit the Panama Canal on a voyage from Los Angeles, Calif., to the U.S. East Coast on October 4, 2016, officially kicking
From 1915-1916, the city of San Diego held an exposition on the site of what was then known as City Park to commemorate the opening of the Panama Canal. In honor of the occasion, exposition planners re-christened the park after Vasco Nuñez de Balboa, the Spaniard who first sighted the Pacific Ocean during Spain’s exploration of…
The world’s largest Pure Car and Truck Carrier (PCTC) Höegh Target is transiting the new locks of the expanded Panama Canal on Thursday. The vessel has a carrying capacity of 8,500 car equivalent units (ceu) with up to 6.5 meters ofShow More Summary
Fitch Ratings has affirmed the following ratings for the Panama Canal Authority (ACP): Long-Term Issuer Default Rating (IDR) at 'A' and $450 million senior unsecured notes at 'A',
Port Everglades and the Panama Canal Authority (ACP) have renewed their long-standing Memorandum of Understanding (MOU) to promote trade opportunities for another five years.
What exciting times we live in. Engineers built the Panama Canal to make a viable North American shipping route from the Atlantic to the Pacific. They likely didn’t expect that their descendants would create another one through global warming. Last week, the cruise ship Crystal Serenity set sail from Anchorage, Alaska, and is expected to […]