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PANAMA CANAL RESTRICTIONS
How El Nino is choking the Panama CanalThe Panama Canal will reduce daily ship transits due to a severe drought. This El Nino phenomenon is causing significant water shortages fo...- Tanker pays record $5.3m to transit Panama Canal: ReportA tanker set a new benchmark by paying an unprecedented $5.3 million for expedited transit through the Panama Canal. This payment not only ...
- Panama Canal operating at top capacity as Iran war triggers more LNG vessel traffic, chief saysThe Panama Canal is experiencing peak operations, handling 36 to 38 vessels daily. This surge is driven by increased demand for liquefied n...
- 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.
- Could Panama throw a new wrench into BlackRock's ports deal?BlackRock's acquisition of 40 ports, including two near the Panama Canal, is facing delays due to an audit by Panama's government on a conc...
- Panama firmly rejects U.S. claims: No free passage for American ships through the Panama canalPanama has rejected the U.S. State Department's assertion that U.S. ships can pass through the Panama Canal without charge. The claim, whic...
- Why is Donald Trump threatening to take over the Panama Canal?US President Donald Trump aims to reclaim the Panama Canal, alleging Panama broke a neutrality pledge and that China controls the canal, wh...
- 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 eases limits that caused global shipping bottleneckThe Panama Canal is easing restrictions on vessel transits due to rising water levels after a severe drought. With recent rains, the canal ...
- Panama Canal averts shipping crisis with its water plan — and some luckThe Panama Canal avoided a shipping crisis by managing water carefully. During a drought, vessel crossings were limited, but now the limit ...
- 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...
- Shippers spend $235 million in bid to bypass Panama Canal congestionThe Panama Canal Authority auctions off priority slots to shippers to enter the system, and bids have soared to record levels this year as ...
- 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.
- Panama Canal traffic is being throttled by climate change impactWeather turmoils such as record heat waves in 2022 led to high evaporation rates of Europe's rivers like Rhine and Danube to the effect tha...
- Panama Canal says traffic woes will last into next yearThe number of ships passing through Panama canal each day has fell from 36 to 32 due to falling reservoir levels. As a result, the building...
- Panama Canal water levels at historic lows, restrictions to remainThe bottleneck at the Panama canal which connects the two oceans- Atlantic and Pacific Oceans is known to have eased by nearly 20% since la...
- One ship in Panama Canal paid $2.4 million to skip the lineIn the Panama Canal, drought has caused less water to fill the waterway's locks which has resulted in a queue of ships waiting to pass thro...
- Panama Canal imposes shipping restrictions to cope with worsening droughtThe canal connecting the Atlantic and Pacific oceans has been long struggling with water supply shortages since before a 2016 expansion all...
- Panama canal vessel queue reflects shipping bottlenecksThe canal saw record amounts of cargo pass through its locks in its most recent fiscal year as an easing of trade restrictions between Chin...
- 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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