panama canal
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Maritime News
Korean LPG Carrier Sets Record With $5.3M Panama Canal Slot Auction
For the second time in a month, a South Korean shipowner has set a new record for the highest transit…
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Marine World
Panama Canal Advances Energy Corridor Bid Process as Prequalification Phase Moves Forward
The Panama Canal Authority has completed the document submission phase for companies seeking to participate in the prequalification process for…
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Marine World
Global Trade Faces Fresh Test as Panama Canal Curbs Bookings
Global trade faces a fresh headache on top of the months-long snarls in the Middle East that have roiled flows,…
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Marine World
Panama Canal Deepens Draft Restrictions as El Niño Strengthens
The Panama Canal Authority (ACP) will further reduce the maximum authorized draft for vessels transiting its Neopanamax locks later this…
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Marine World
Panama Canal Sees Revenue Beating Forecast After Hormuz Closure
The Panama Canal expects revenue to exceed its $5.2 billion forecast for fiscal 2026 after the closure of the Strait…
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Marine World
El Niño Has Arrived: NOAA Warns It Could Become One of the Strongest on Record
NOAA has officially declared the arrival of El Niño conditions, confirming the climate pattern that prompted the Panama Canal Authority…
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Marine World
Jan de Nul Wins Contract to Dig Argentina’s $10 Billion Waterway
Belgian dredger Jan de Nul NV and local partner Servimagnus SA won a 25-year contract on Thursday from Argentina’s government…
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Marine World
Panama Canal to Reduce Neopanamax Draft Limit as El Niño Concerns Mount
The Panama Canal Authority (ACP) will reduce the maximum authorized draft for vessels transiting its Neopanamax locks beginning July 3,…
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Port News
Brokers see powerful El Niño adding fuel to freight rally
A growing chorus of shipbrokers, banks and analysts are warning that the return of the El Niño weather phenomenon later…
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Marine World
Panama Canal Near Capacity as Hormuz Crisis Drives Surge in U.S. Energy Exports
Traffic through the Panama Canal is climbing sharply as disruption in the Strait of Hormuz drives more U.S. energy exports…
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