News

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

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

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|International, News|

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

Panama Canal anchorage full of ships and, and Covid Making It Worse

By |2020-11-01T01:00:06+00:00October 31st, 2020|International, Marketing, News, Panama Canal Alerts|

We are facing a long waiting time that is affecting shipments of liquefied natural gas and liquefied petroleum gas from the U.S. Gulf Coast to Asia. Present waiting time for a non-booked vessel is very high and we understand that the same has contributed to a rally in the cost of chartering vessel operation. “Due

Panama Canal launches tender for a new water management system

By |2020-10-29T21:14:50+00:00October 29th, 2020|News, Panama Canal Alerts|

The Panama Canal issued a Request for Qualifications (RFQ) for the pre-qualification of potential offerors for the engineering, design, and construction of a new water management system that will guarantee an adequate water supply for both Canal operations and local consumption for the next 50 years. Panama Canal Authority recently announced its new water

Advisory to Shipping No. A-38-2020

By |2021-01-11T16:24:21+00:00October 23rd, 2020|News, Panama Canal Alerts|

Advisory to Shipping No. A-38-2020 Suspension of the Temporary Procedures for Small Craft Transits due to COVID-19 Pandemic The Panamanian Government, through the Ministry of Health, has initiated the gradual reopening of certain restrictions that were implemented for several months due to the COVID-19 pandemic, such as quarantines and curfews. As a result, the

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