panama canal News Updates

Business

Panama Canal Does Some Good for Environment While Upending Historic Trade Routes

Fresh from a $5.25 billion, nine-year expansion that’s upending decades-old trade routes, it turns out the Panama Canal is also doing a little good for the planet.

July 7, 2017
Business

Expanded Panama Canal: Huge Ships, Port Projects but Experts Unsure of Its Impact a Year In

One year into operations of the expanded Panama Canal, the freight transportation world has witnessed leviathan containerships, gargantuan land-based cranes and dredging projects along the U.S. East and Gulf Coasts, but intermodal shipping professionals say it’s too early to quantify the precise impact of the massive infrastructure project.

July 6, 2017

Southern Ports Break Records as Panama Canal Anniversary Nears

Southern ports are experiencing a record foreign trade boom thanks in part to an expanded Panama Canal that permits Asian cargo ships to reach them more easily.

June 14, 2017
TCA

Big-Ship Era Dawns for East Coast as Record-Setting Ship Transits Panama Canal

The Panama Canal truly entered the big-ship era the week of May 8 when the largest vessel to date — a vessel from Asia that is as long as the Eiffel Tower is high and 158 feet wide — transited the expanded canal en route to the United States.

May 5, 2017
Business

China State Firms Eye Land Around Panama Canal: Waterway Authority

Chinese state firms have expressed an interest in developing land around the Panama Canal, the chief executive of the vital trade thoroughfare said, underlining China's outward push into infrastructure via railways and ports around the world.

March 27, 2017
Business

Panama Canal Growth Pushes Texas Ports to Improve

The Panama Canal's recent expansion will create economic opportunities for South Texas but also pressures ports to step up improvements to their infrastructure, a panel of transportation industry experts said Aug. 18.

August 19, 2016
Business

Jumbo Cargo Ships Crossing Daily as Panama Canal Use Ramps Up

Initial containership traffic through the expanded Panama Canal is averaging about one larger vessel per day during a ramp-up period that should be followed by exponential growth in the months and years ahead.

August 8, 2016
Business

PortMiami Docks Its First Neopanamax Ship

PortMiami officially joined the Neopanamax era July 9, when the MOL Majesty — a vessel too big to fit through the original Panama Canal — became the first ship to arrive at the port after transiting the newly expanded canal.

July 11, 2016
Business

New Panama Canal to Alter Global Logistics

Now that the expanded Panama Canal is open for business, changes to global shipping patterns will be far-reaching and gradual, experts said.

July 11, 2016
Business

New Era in Global Trade Begins as Expanded Panama Canal Opens

BOGOTA, Colombia — A Chinese freighter laden with nearly 9,500 metal cargo containers transited the expanded Panama Canal on June 26, inaugurating the interoceanic waterway and opening a new era in global trade.

June 28, 2016