Unlike the Suez Canal, the Panama Canal runs on fresh water. The ensuing constraints also resulted in less cargo being transported. The lack of rainfall reduced the daily passage of ships from 38 ...

the Panama Canal opened to the public. French engineer Ferdinand de Lesseps completes work on the Suez Canal in Egypt. The canal allows a direct line of transportation and trade between Europe and ...

Ferdinand de Lesseps, builder of the Suez Canal, led the project. His plan called for a sea-level canal to be dug along the path of the Panama Railroad. Some 50 miles in length, the canal would be ...

Egypt also has a significant commercial interest in the functioning of the Suez Canal as it is an important ... of LPG and ...

Up until recently, modern aircraft carriers like the Nimitz-class and Ford-Class carriers could pass through the Suez canal, ...

The most famous waterway in the Americas is running dry. Unlike the Suez Canal, the Panama Canal is fed by a freshwater lake, Lake Gatún, and its water level is falling critically low.

For those 12,000 teu+ ships, re-routing via Suez would be one option that many ... INTERCARGO and BIMCO along with the Panama Canal Authority can come together to strategically plan how to best ...

This major venture would stand up against the famous Suez and Panama canals. The Kra Canal was initially proposed and discussed between maritime players in the late 17th century. It was hoped to ...

The Panama Canal Authority reported a 29% drop in vessel transits during fiscal year 2024, with LNG and dry bulk shipments taking the biggest hit. But Ricaurte Vásquez, Administrator of the ...

The number of vessels passing through the Suez Canal and Panama Canal have dropped 50% from normal levels, according to Apollo Management's top economist. And that risks triggering another run-up ...

More than 200 vessels are stuck waiting to pass through the Panama Canal ... has brought back memories of the delays at the Suez Canal in March 2021, when the crucial waterway was blocked for ...

Shippers have other routes available that will take longer, but the ongoing Panama Canal drought makes them more attractive. Shippers may consider the Suez Canal in Egypt or the Cape of Hope in ...