The Panama Canal will implement late-summer draft limits, poised to impact global maritime operations. These new restrictions mean the largest vessels serving the US East and Gulf coasts cannot fully
by Shipping Lines Levy New Panama Canal Fees
Major international shipping lines MSC and CMA CGM recently announced new surcharges. These fees will apply to vessels navigating the Panama Canal. The vital waterway currently faces increasing operat
by Panama Canal Draft Limits Trigger New Shipping Fees
The Panama Canal Authority (ACP) announced new draft limits for neo-Panamax vessels. This marks a critical development for global shipping. The restriction starts this Friday, directly impacting large
by Panama Canal Faces New Water Level Risks Amid El Niño Forecast
Global commercial shipping faces another potential challenge as an El Niño forecast suggests a risk of low water levels along the Panama Canal. This development could introduce new weather-related dis
by Shipping Giants Assume Interim Control of Panama Canal Terminals
Units of two global shipping powerhouses, Maersk and MSC, have commenced interim management of critical terminals along the Panama Canal. This significant development sees APM Terminals, a subsidiary
by Panama Court Nullifies Major Canal Port Leases
A Panamanian court has voided the leases held by Hong Kong-based CK Hutchison for the Balboa and Christobal ports. These crucial terminals are strategically located at either end of the Panama Canal.