Due to this, the ACP cut down the daily transit of vessels from 39 to 24. In addition, the crossing ships were forced to carry less cargo. In fiscal year 2023, the Panama Canal had US$ 3.344 ...

With a new approach to container ship bookings and a big dam project being considered, the Panama Canal says trade will ...

The project would require up to $1.4 billion in funding, as the canal's authority seeks ways to mitigate future potential ...

On both sides of the Panama Canal, fleets of ships find themselves ... reveals a current backlog of over 200 ships awaiting transit, a number that has grown since last month when the canal limited ...

following a 65% decline in the transit of its second-most important segment, the Panama Canal Authority told Reuters. A U.S. LNG switch to Europe in the aftermath of Russia's invasion of Ukraine ...

HOUSTON — The Panama Canal Authority could double in coming years the number of containers that move through the commercial waterway that links the Pacific and the Atlantic oceans, the canal's chief ...

As the backlog of vessels waiting to cross the Panama Canal grows ... "While the current water deficit persists in the Canal watershed, the Transit Reservation system is the only mechanism ...

A graphic of the Panama Canal, Courtesy: NASA Since the first ... The CPA developed a system to reuse 60% of the water consumed on each transit. Gatun Locks, Courtesy: Stan Shebs Alongside ...