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PANAMA CANAL AUTHORITY
196 days, 23 ports, 7 countries: How this ship tried to sneak in Rs 1,150 cr cocaine using ‘unusually long route’ before being caught at Gujarat portA massive drug haul near Mundra port has exposed a major maritime trafficking operation. Gujarat ATS and Indian Coast Guard intercepted the...- US CEOs seek China business gains from Trump-Xi summitAmerican business leaders are heading to China for a summit with President Xi Jinping. They aim to resolve ongoing business challenges and ...
- Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokeholdGlobal trade routes are shifting dramatically. The closure of the Strait of Hormuz due to the Iran war is forcing ships to use the Panama C...
- Panama Canal offers shippers more flexible booking systemCustomers can now reserve dates 15 days in advance, with bidding for better access, as the canal benefits from improved water levels.
- Can Trump 'take back' the Panama Canal?Donald Trump wants to take back the Panama Canal from Panama but has not given specific details on his plans. He claims excessive tolls are...
- Did the Panama authorities allow US vessels to transit the canal without tolls or fees?Despite mounting pressure from Washington, Panama’s government has reaffirmed its sovereignty over the canal.
- State Dept says US government vessels can now transit Panama Canal without feesThe U.S. Department of State announced that American government vessels can now transit the Panama Canal without paying fees, saving millio...
- The Panama Canal has a big problem, but it's not China or TrumpThese environmental challenges are more significant threats to U.S. commerce than Chinese influence. Sustained access to the canal will dep...
- Panama celebrates the 25th anniversary of Panama Canal handover as Trump wants to take it backPanama celebrated the 25th anniversary of the US handover of the Panama Canal, marking the day with a tribute to former US President Jimmy ...
- Donald Trump’s Panama Canal threat: What’s at stake and why it matters nowLatin American leaders united against President-elect Donald Trump’s recent comments suggesting the US should reclaim control of the Panama...
- Panama Canal cost, history: Why is Donald Trump threatening to take over key artificial waterway?Donald Trump has warned that once he becomes President, he could reimpose US control over the Panama Canal.
- Threatened by climate change, Panama Canal has big plans to deal with droughtThe Panama Canal Authority aims to create a massive dam 840 meters in length and 80.5 meters in height to secure freshwater for its locks. ...
- Panama Canal drought could threaten supply chain, S&P saysThe canal has imposed several restrictions since 2023, though last month the Panama Canal Authority bumped up daily crossings to 27, from 2...
- Why the Panama Canal didn't lose money when ship crossings fellIn the 12 months through September, the canal's revenue rose 15%, to nearly $5 billion, even though the tonnage shipped through the canal f...
- Panama Canal adds extra queue-jumping auctions for stuck shipsThe sales of slots to get from one side of the conduit to the other via auction have been increasingly lucrative in recent months, with shi...
- It can now cost $4 million to skip the queue at the Panama CanalAccording to the bidding documents, Japan’s Eneos Group paid $3.975 million in an auction Wednesday to secure the crossing.
- Dry Panama risks driving large oil tankers away from the CanalIt is expected to make life difficult for tramp ships — that is, vessels that don’t tend to have fixed schedules but instead rely on when c...
- Flow of goods through Panama Canal hits recordFerried on massive cargo ships through the 50 mile (80 km) trans-oceanic canal, the 2021 fiscal year haul amounts to about 3.5% of the worl...
- Panama Canal transits rise as world trade recovers from pandemicThe canal expects to receive 429 million tons of cargo and collect $3.3 billion in revenue for fiscal year 2021, which ends on September 30...
- Drought causes Panama Canal to reduce ship sizeA ship's draft is its depth in the water, and changes as the vessel becomes heavier or lighter.
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