panama-canal
Transits of the Panama Canal dropped 29 percent in the Panama Canal Authority’s fiscal year 2024, which ended Sept. 30, reports Simon Heaney, Drewry’s senior manager, container research.Transits of the Central American cut-through reached 9,936 in FY2024, down 29.4 percent from the 14,080 transits in FY2023. With an extra leap-year day in FY2024, the daily average decreased 30 percent to 27.1 per day, com 38.6 per day in FY2023, Heaney ...
[+]
Amidst current challenges, the Panama Canal is taking proactive measures to ensure its competitiveness and operational capacity for the future. Chief among these challenges is the critical issue of freshwater availability for both the population's consumption and the transit of vessels.During a recent presentation to local and international media, Panama ...
[+]
The Panama Canal celebrated its 108th anniversary on August 15, a legacy marked by continued contributions to international trade and record-breaking figures in recent years.
Since its inauguration on August 15, 1914, and even more so with the Expansion of its capacity in 2016, the Panama Canal has leveraged its geographic ...
[+]
The Panama Canal began its Fiscal Year 2022 (FY22) at the start of October, marking the end to a year of record-breaking traffic at the waterway and global supply chain disruptions worldwide.The Panama Canal saw record tonnage in 2021 fiscal year (FY21). Between October 2020 and September 2021, 516.7 million ...
[+]
Ahead of the fifth anniversary of its expansion, the Panama Canal has increased the maximum allowable length for vessels transiting the Neopanamax Locks. Since May 21, the maximum length overall (LOA) for commercial and non-commercial vessels acceptable for regular transits of the Neopanamax Locks is 1,215 feet, up from 1,205 ...
[+]
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 comparison to the most likely alternative routes.
These savings are equivalent to the greenhouse gas emissions of 2.8 million passenger vehicles ...
[+]
A Legacy of Resilience and Action to Benefit our Customers, Country, and World
This month marks the close of the Panama Canal’s 21st year under Panamanian administration. Looking back, our resilience this year attests to the experience and world-class workforce built over the decades. Despite facing new challenges in 2020, we ...
[+]
The Panama Canal’s Administrator Ricaurte Vásquez Morales accepted an invitation to join the World Economic Forum’s Supply Chain & Transport Industry Action Group (SCT) efforts to achieve globally inclusive, safe and sustainable distribution of COVID-19 vaccines.
This charter affirms the transportation industry’s commitment to unite the public and private sectors with ...
[+]
The Panama Canal amended the prequalification document for a tender for the engineering, design, and construction of an optimized water management system. The decision comes after receiving more than 250 potential bidder inquiries following the opening of the prequalification period on September 7.
This tender is the first component of a ...
[+]
In July, the Panama Canal joined virtual informal talks organized by the International Maritime Organization (IMO). Although focused specifically on short-term measures for reducing GHG from ships, the discussions brought momentum back to the broader, industry-wide efforts around the decarbonization of shipping. These milestones, combined with recent industry announcements, not ...
[+]
More »
