Even as court fights continue over the status of contracts for the operation of ports in Panama held by a Hong Kong-based company, Panama is planning an ambitious 10-year upgrade… Read More
Panama Canal
In the midst of a three-way tug-of-war between Panama, America and China over control of Panama Canal ports, Panama has decided it wants more players in the game. The Panama… Read More
A group of investors led by BlackRock has agreed to take over operation of two ports at either end of the Panama Canal for a deal worth between $19 billion… Read More
What’s happening to the world’s riverborne transportation systems? Within the past several years, all of the world’s major rivers that are also commercial traffic arteries have suffered either… Read More
The Panama Canal, which handles about 5 percent of world trade by volume, has been hit by an El Niño drought for most of 2023 that has severely affected… Read More
For much of this year, persistent drought affecting the Gatun Lake, the principal source of water to operate the Panama Canal, has required restrictions on drafts of vessels transiting… Read More
The rains dumped over the Midwest by a series of fast-moving storms in the first week of August offered welcome relief to farmers, saving some crops from… Read More
The Panama Canal will begin classifying and charging vessels according to their emission levels. The canal authority’s regular newsletter, Canal Connection, announced that “on the heels of COP26 [the… Read More
Five years ago, the Panama Canal opened the Neopanamax Locks, creating a third lane for traffic at the waterway. The expanded canal doubled the waterway’s capacity, attracting new markets… Read More
By offering a shorter route for ships, the Panama Canal contributed to a reduction of more than 13 million tons of carbon dioxide (CO2) equivalent emissions in 2020, in… Read More
