The Panama Canal Plans to Charge a Greenhouse Gas Fee

By |2021-12-06T17:05:20+00:00December 3rd, 2021|News, Advisories from the ACP, International, Panama Canal Alerts|

The Panama Canal Authority is set to become one of the first governmental entities in the world to charge shipowners a fee for their vessels' greenhouse gas emissions. Speaking at the AAPA Latino conference in Cartagena, Colombia, on November 30, Panama Canal Administrator Ricaurte Vásquez Morales announced that the authority is going to implement

Climate Change: Panama Canal, Carbon Neutral by 2030

By |2021-07-20T21:00:18+00:00July 7th, 2021|International, News, Panama Canal Alerts|

Climate Change could affect the Panama Canal basin. Source: Climate change is one of the biggest challenges facing humanity. Therefore, its effects on health and economy could become worst than those of the pandemic due to covid-19. As a result, the shipping industry could become one of the most affected by this phenomenon.

Dimensions Increase of Container Ships in the Panama Canal

By |2021-07-19T17:03:02+00:00July 1st, 2021|International, News, Panama Canal Alerts|

Container ship Triton crossing the Panama Canal. Source: A few days ago, the expansion of the Panama Canal turned five years old and this brought us some good news: the increase in the length and draft allowed for container ships passing through the neopanamax locks. The new established measures are 370.33 meters (1,215

Panama Canal Modifies Transit Reservation and OMS Fees to Reflect Growing Demand

By |2021-02-18T20:46:37+00:00February 18th, 2021|News, Booking Slots, International, Marketing, Panama Canal Alerts|

Fee modifications to be implemented on April 15, 2021, will allow the waterway to simplify its reservation structure and better manage capacity. Panama City, Panama, February 17, 2021 – The Panama Canal announced today that it will modify its transit reservation fees and other maritime services (OMS) in order to better respond to evolving market

Panama’s Atlantic Terminals Join the Panama Canal in Efforts to Facilitate COVID-19 Vaccine Distribution

By |2021-02-08T22:37:24+00:00February 8th, 2021|Panama Canal Alerts, International, Marketing, News|

Panama's Atlantic Terminals Join the Panama Canal in Efforts to Facilitate COVID-19 Vaccine Distribution Panama City, Panama, February 8, 2021 – Manzanillo International Terminal (MIT) and Colon Container Terminal (CCT), both port terminals located on the Atlantic side of Panama, have joined the collaboration efforts to help optimize supply routes for the distribution of the

Panama Canal Helps Save the Planet More Than 13 Million Tons of CO2 in 2020

By |2021-01-27T21:34:45+00:00January 27th, 2021|International, Marketing, News, Panama Canal Alerts|

Panama Canal Helps Save the Planet More Than 13 Million Tons of CO2 in 2020 The waterway launches CO2 Emissions Dashboard with savings by vessels that use the Panama Canal. Panama City, Panama, January 27, 2021 – By offering a shorter route for ships, the Panama Canal contributed to a reduction of more than 13

Shipping carriers rejected tons of U.S. agricultural exports, opting to send empty containers to China

By |2021-01-26T22:24:32+00:00January 26th, 2021|News, International|

Millions of dollars in rejected trade Carriers rejected an estimated 177,938 containers known as TEUs (20-foot equivalent units) in October and November, according to analysis of data compiled from the Census Bureau and the ports of Los Angeles, Long Beach, California, and New York and New Jersey. Shipping carriers rejected U.S. agricultural export containers

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%

By |2021-01-25T20:41:44+00:00January 25th, 2021|International, News|

Ikea’s Singapore operations called it a “global transport crisis” in a mid-January Facebook post: “The surge in demand worldwide for logistical services at this time has resulted in a global shortage of shipping containers, congested seaports, capacity constraints on vessels, and even lockdown in certain markets, amongst other challenges.” The furniture giant estimated that

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