Categories: Afternoon Coffee Tags: General News U.S. manufacturing activity fell to a two-year low this month, according to the flash purchasing-managers’ index by Markit. The index hit 52.6 in November, down from the 54.1 in October. Show More Summary
Aiming to help accommodate unseasonably high demand, the Panama Canal Authority (ACP) announced it has taken a number of steps to expedite traffic and decrease Canal Waters Time (CWT).
As Union Pacific’s rail network is concentrated west of the Mississippi river, the company’s international container traffic mostly pertains to west coast ports. Therefore, the growth in Union Pacific’s intermodal shipments is strongly correlated with the growth in container traffic at west coast ports. Show More Summary
The wait time to pass through the Panama Canal has shortened to four days, down from more than 10 days last month, the authority that runs the waterway said on Thursday.
PANAMA CITY, Nov 19 (Reuters) – The wait time to pass through the Panama Canal has shortened to four days, down from more than 10 days last month, the authority that runs the waterway said on Thursday. “We have reduced by 60 percent the wait time for vessels after measures applied amid an unusual demand […] .
Panama's economic prospects are bright. Yet global warming may endanger one of the country's main sources of revenue and growth -- the Panama Canal. It's essential to build resilience around one of the world's most important waterways. Show More Summary
The Panama Canal is still dealing with a high backlog of vessels waiting to pass through the waterway, leaving ships, crews and cargo waiting for days before making the roughly 12 hour transit. According to the Panama Canal Authority, of perfect storm of increased arrivals of large and deep draft vessels, continued water conservation measures, fog, and maintenance […] .
The Panama Canal continues to experience high vessel backlog. This is attributed to several reasons, such as: INCREASED ARRIVAL OF LARGE AND DEEP
By Lauren Etter (Bloomberg) — Tired of waiting for Congress, states racing to deepen seaports before the opening of the enlarged Panama Canal next year are picking up the cost of what has traditionally been a federal duty. With funding for coastal navigation channels at its lowest in a decade, port directors worry that […] .
The world’s first LNG-powered container vessel, TOTE Maritime’s Isla Bella, transited the Panama Canal October 30, marking a milestone not only for the maritime industry,
From museums to national parks, there's plenty to admire alongside the engineering feat.
By Michael McDonald (Bloomberg) — The April opening of Panama’s $5.3 billion expanded canal, originally set for 2014, could be delayed further depending on repairs to leaks discovered in the new locks during testing as the waterway ends a year of record shipments, administrator Jorge Quijano said. The contractor building the new locks is […] .
If your ship is planning to pass through the Panama Canal anytime soon, be prepared to wait. Looking at AIS data of the anchorages at both the Pacific and Atlantic ends of the canal, you will see a huge backlog of ships, mostly tankers and cargo ships it seems. We reached out to Marine Traffic Control at the Panama Canal, […] .
The Panama Canal Authority (ACP) announced a new tonnage record, welcoming 340.8 million Panama Canal tons (PC/UMS) through the canal for the 2015 fiscal year – a 4.
A record amount of cargo passed through the Panama Canal in fiscal year 2015, the Panama Canal Authority has announced. The ACP reports that in 2015, a record 340.8 million ‘Panama Canal tons) (PC/UMS) passed through the Canal, marking an all-time record for the 101-year-old waterway. The spike represents a year-on-year increase of 4.3 […] .
DP World is expanding its container terminal at Port of Caucedo following the expansion of the Panama Canal to accommodate larger container ships, reports ASC.
The Panama Canal continues to experience an increase in transit backlog due to recent locks maintenance work, coupled with high arrivals during the last week of September.
The consortium in charge of the expansion of the Panama Canal, led by Sacyr reported that the fissures presented in the third set of locks will not delay
The Panama Canal Authority (ACP) said Wednesday it has received a long-awaited and highly anticipated report from the contractor behind the expansion of the Panama Canal on the causes and solution to large crack that appeared in one of chambers of the new lock complexes in August. In a letter to the ACP from […] .
The seepage found in the Panama Canal’s third set of locks is said to be the result of an inadequate amount of steel reinforcement, the Panama Canal Authority (ACP) announced today.