The Panama Canal Authority reported a 29% drop in vessel transits during fiscal year 2024, with LNG and dry bulk shipments ...
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.
The Panama Canal Authority recently moved to a long-term booking system for shipping slots, which has made it easier to ...
More than 200 vessels are stuck waiting to pass through the Panama Canal, one of the world’s most important shipping routes, because of a dramatic fall in water levels. The “famed” canal is ...
The Panama Canal Authority (ACP) reported this week a 29.3% drop in passing ships during Fiscal Year 2024 as a result of the severe drought affecting the interoceanic crossing. A total of 9,944 ...
The Panama Canal Authority (ACP) has announced an increase in draft and daily transits, with the authorized draft raised by another 30 cm on Wednesday to 14.3 m, and will increase to 14.63 m on ...
U.S. liquefied natural gas exports to China could be affected by an escalation of tariffs between the two countries, said ...
Understanding how these assets correlate with supply chain issues, such as the pileup of ships in the Panama Canal due to the region's near-record drought, can help investors make better decisions ...
Traffic in the Panama Canal fell by 29 percent over the past year due to a severe drought linked to climate change, the canal's operator said late Tuesday. The volume of cargo shipped through the ...
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 told a ...
The drought led the Panama Canal Authority (ACP ... were not originally part of the contractual agreement using a broad ...
PANAMA CITY, Oct 25 (Reuters) - The Panama Canal's profit increased about 9.5% in the fiscal year ended in September to $3.45 billion despite a severe drought that reduced the number of vessels ...