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 Panama Canal

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updated Fri. January 19, 2024

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“The development marks a significant milestone for the Panama Canal and its service of the burgeoning LNG segment – which began transiting the waterway for the first time following the inauguration of the expanded canal. The segment has seen steady growth in the nearly two years since,” the Panama ...
OIL AND GAS. 3 LNG tankers cross Panama Canal in a day, setting milestone. Published: Friday, April 20, 2018. Three tankers carrying liquefied natural gas passed through the Panama Canal on the same day this week — a first for the waterway that signals an expanding global gas trade.

Three tankers hauling liquefied natural gas sailed through the Panama Canal on the same day this week, marking a first for the newly expanded waterway and highlighting the booming global gas trade. All three ships -- Gaslog Hong Kong, Gaslog Gibraltar and Clean Ocean -- entered the canal on a ...
The Panama Canal Authority (ACP) will reduce the maximum draft for vessels transiting the Neopanamax locks to 48 feet or 14.63 meters tropical fresh water starting April 27, it said. The move will trim the allowable draft by 1 foot from its current 49 feet or 14.94 meters TFW. The decrease is based on ...
When the 77-km-long Panama Canal officially opened in 1914, after 10 years of construction, it fulfilled a vision that had tempted people for centuries, but had long seemed impossible. “Never before has man dreamed of taking such liberties with nature,” wrote journalist Arthur Bullard in awe. But the project ...
It was the greatest infrastructure project the world had ever seen. When the 48 mile-long Panama Canal officially opened in 1914, after 10 years of construction, it fulfilled a vision that had tempted people for centuries, but had long seemed impossible. “Never before has man dreamed of taking such liberties ...

Even by the harshest of gauging parameters, the Panama Canal is nothing short of an engineering marvel and testament to human ingenuity. Currently in its 104th year of serving as a man-made marine shortcut between the Atlantic and Pacific oceans, this fascinating inter-oceanic artery operates through ...
He said he believes the film will bridge the gap between those in Barbados who had relatives working on the Panama Canal and should be used as an educational tool. "As you heard in the film that lack of historical connection, that lack of a historical root really has a negative effect on future generations.
CUIABA, BRAZIL — The Panama Canal Authority, an autonomous agency of the government of Panama in charge of managing, operating and maintaining the Panama Canal, has reached an agreement with the Association of Soybean and Corn Producers of Mato Grosso (Aprosoja) that will promote the ...
Sao Paulo | Reuters — Brazilian farmers in top soy state Mato Grosso signed a memorandum of understanding with the Panama Canal Authority to evaluate ways to cut transportation costs and boost Brazilian grain volumes using the waterway, the authority's chief administrator said. The canal's ...
Colon sits on the northern end of the Panama canal and is a key port area for the country. Yet residents argue that money coming into the city is not invested back into adequate infrastructure and public works programmes. The government purports that its $1.2-billion revitalisation project for the city is more ...
COLON, Panama (AP) — A protest over infrastructure and insecurity turned into violent clashes with police Tuesday in Panama's second biggest city, which is home to a strategic port at the northern end of the Panama Canal. Preliminary reports from national police said four officers and one protester were ...
The rise of US LNG exports has coincided with another major milestone in shipping, the widening of the Panama Canal, which has allowed for a significant increase in LNG shipping transportation. In its latest weekly report, shipbroker Allied Shipbroking noted that “the day was July 25th 2016, a partly ...
While the past century was marked by building triumphs, the U.S. now faces an infrastructure crisis — and a chance to seize the next great American moment, Peterson writes. Above, reel tender Mo Laussie installs fiber-optic cable in June 2001 in Louisville, Colorado. (Michael Smith/Getty Images file photo).
The shovel, along with roughly 20 others, allowed the United States to make progress on the Panama Canal. It scooped up bucket after bucket of dirt and helped workers construct bridges, roads, and drains near the waterway. The machine is also one of the few surviving steam shovels from the project.
The rise of US LNG exports has coincided with another major milestone in shipping, the widening of the Panama Canal, which has allowed for a significant increase in LNG shipping transportation. In its latest weekly report, shipbroker Allied Shipbroking noted that “the day was July 25th 2016, a partly ...
The Panama Canal has hit another milestone since the June 2016 inauguration of its expanded third locks with the logging of the 3,000th transit of the 50-mile waterway by a neopanamax ship. MSC containership MSC Caterina was the vessel in question, making the northbound crossing from the Pacific ...

Currently, of the seven booking slots offered daily to Neopanamax vessels, the Panama Canal allows one to be allocated to an LNG vessel each day. This decision was made after careful market analysis and operational consideration, and to allow our pilots to acquire enough experience to safely and ...
"It could be a trade deal, it could be aid of some sort, it could be a rule involving the Panama Canal," Noble said, adding, "This is a good example of what a presidential conflict of interest looks like." Trump's history with Panama while president is not extensive, though he did meet with Panamanian president Juan Carlos ...
The Panama Canal announced the transit of its 3,000th Neopanamax vessel, exceeding initial traffic expectations by this date and reaffirming the value and impact its route has had on global maritime trade, the company said in its press release. The Panamanian flagged containership MSC Caterina ...
Today the Panama Canal announced the transit of its 3,000th Neopanamax vessel, exceeding initial traffic expectations by this date and reaffirming the value and impact its route has had on global maritime trade. The Panamanian flagged containership MSC Caterina completed the milestone transit this ...
Nicaragua's ambitious dream of building a canal to rival Panama's famous waterway looks in peril as doubts pile up over whether its Chinese investor can cough up the $50 billion needed, analysts say. The project “has remained completely unfinanced because it doesn't meet reliability requirements,” said ...
“Our visit allowed a greater understanding of the complexities around the Panama Canal operations. We are very appreciative of the collaboration with the Panama Canal to facilitate our 62 transits in 2017, positioning Cheniere as the largest LNG user of the canal,” said Eric Bensaude, managing director, ...
The Panama Canal's new enlarged locks handled 60 LNG carrier transits in the last quarter of 2017, a 40% jump on the same period a year earlier. The climb in traffic levels aligns with the build-up in exports from the Sabine Pass terminal in Louisiana, currently the LNG sector's only user of the Canal for ...
The Panama Canal and Machu Picchu are two bucket-list destinations for many travelers, so it's nice to be able to get both in one trip. Enrichment Journeys wraps the two into a package that includes a cruise and a land tour. Most canal cruises run between Florida and California, but this one — aboard ...
“The increased capacity afforded to us by the expanded Canal has had far-reaching positive impact across segments, and allows us to access new markets, which could include freight from ports such as those in northern Brazil,” said Panama Canal Authority (ACP) Administrator Jorge Quijano in Brazil.
The Panama Canal inked an agreement to get Brazilian shippers to use the Canal for their grain cargoes travelling to Asia. The memorandum of understanding with Aprosoja, a trade association representing soybean and corn producers in the central Brazilian state of Mato Grosso, allows for joint ...
Brazilian farmers in top soy state Mato Grosso signed a memorandum of understanding with the Panama Canal Authority to evaluate ways to cut ... ideas, with the Aprosoja association to explore possibilities on cargoes leaving Brazil's northern ports and using the Panama Canal to reach Asian markets,” ...
With this agreement, the Panama Canal looks to promote the use of the Panamax locks for soy and corn grain transits originating in northern Brazil and traveling to markets in Asia. These shipments typically transit on Panamax vessels given the similarity between the drafts in the Amazon River ports and ...
Sao Paulo | Reuters — Brazilian farmers in top soy state Mato Grosso signed a memorandum of understanding with the Panama Canal Authority to evaluate ways to cut transportation costs and boost Brazilian grain volumes using the waterway, the authority's chief administrator said. The canal's ...
As the Panama Canal prepares to welcome its 300th LNG vessel transit in March 2018, there will be two things of which I am certain. First, we've enjoyed considerable progress since the first LNG vessel entered our waterway and, second, the future of this burgeoning segment couldn't be brighter. Indeed ...
The Panama Canal announced March 2 the transit of its 3,000th Neopanamax vessel, exceeding initial traffic expectations by this date and reaffirming the value and impact the route has had on global maritime trade. The Panama-flagged containership MSC Caterina completed the milestone transit ...
On Friday, the Panama Canal Authority (ACP) announced that it has removed a group of tugboat captains who had refused to escort vessels through the new expanded canal locks. The ACP is still investigating the incident and says that it will consider additional sanctions, up to and including dismissal.
It was the first time that tug captains had refused to obey Panama Canal Authority's orders to operate the Post-panamax vessels within the new locks with two tug seamen on deck after the decision by the Panama Canal Authority (ACP) since April 12, to do away with a third seaman in the Alpha (lead) ...


 

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