panama-canal
The Panama Canal closed FY 2018 with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), which represents a 9.5% increase from the previous year.
With this tonnage, the Panama Canal surpasses the cargo projections of 429.4 million PC/UMS tons for FY 2018, as well as the 403.8 million PC/UMS tons registered in FY 2017.
"The Panama Canal continues to exceed our expectations, reinforcing every day the importance of the waterway's ...
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Argelis Moreno de Ducreux, the Leader of the Panama Canal’s Liner Services Segment reports that the Panama Canal’s various vessel segments have all been growing steadily, particularly the container segment.
Since the Expanded Canal opened in 2016. Since its opening, the average containership size transiting the waterway increased by 28% increase ...
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For the third year, Fitch Ratings has affirmed the Panama Canal Authority’s (ACP) 'A' investment grade rating with a stable outlook for its long-term issuer default rating and its senior unsecured notes.
The credit rating agency highlighted the Canal’s “stable volume performance, solid competitive position, and well-diversified cargo mix, causing [the] ...
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The Panama Canal marked its two-year anniversary on June 26 of the inauguration of its Canal Expansion, the largest enhancement project in the waterway’s 103-year history. To date, the Canal has transited 3,745 Neopanamax vessels, traffic that confirms the route’s efficiency and the maritime industry’s confidence in the Expanded Canal.
“Two ...
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Representatives of the Panama Canal hosted executives from the Port of Corpus Christi to tour the Neopanamax locks and discuss growth opportunities for the waterway’s thriving liquid bulk segments.
“As part of our commitment to providing safe and reliable customer service, we continue to work closely with shippers and industry partners ...
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The Panama Canal signed a Memorandum of Understanding (MOU) in Cuiabá, Brazil that will promote the Panama Canal’s position as a route for grain shipments traveling from northern Brazil to ports accessed in the Pacific Ocean.
The agreement, signed with the Association of Soybean and Corn Producers of Mato Grosso (Aprosoja), ...
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Representatives from the Panama Canal, led by Administrator Jorge L. Quijano, hosted executives from U.S. LNG exporter Cheniere Energy, Inc. to discuss the waterway’s growing LNG vessel segment and opportunities for future growth.
With LNG emerging as its newest and fastest-growing segment, the Panama Canal has worked closely with shippers as ...
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As part of its ongoing commitment to sustainability, the Panama Canal has announced the launch of the Emissions Calculator, an innovative new tool which will offer shippers the most accurate assessment of their carbon emissions, rank those who have reduced the most emissions by transiting the Canal versus alternate routes, ...
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Last week, the Panama Canal participated in the International Maritime Organization's (IMO) 71st Marine Environment Protection Committee (MEPC) meeting as part of the Panama delegation. Held in London from July 3–7, the MEPC assembles influential stakeholders from across the maritime community to discuss pollution prevention and control. This year’s session ...
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The Panama Canal commemorated the one-year anniversary of the inauguration of its Expanded Canal on June 26, one of the most significant milestones in the history of the 102-year old waterway and a defining moment for the people of Panama and the global maritime industry.
During the one-year anniversary, the vessels ...
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