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The Panama Canal Had a So-So Fiscal Year
As it closed its 2008 fiscal year, the Canal reported a slight decline in overall transits and tonnage, though there was growth in tanker and passenger business...
The Panama Canal Raises Marine Service Fees
In explaining the climb, the Canal Authority notes that over the past eight years it has spent $1.329 million in upgrades of its fleet of tugboats, locomotives...
The Panama Canal Sets Fiscal Year Records
Actual measurement of transits of cargo using Panama Canal/Universal Measurement System (PC/UMS) figures was 313 tons in Fiscal Year (FY) 2007 versus...
Suez Income is Up, The Panama Breaks New Ground
For its part, the Suez Canal had a very good results, with income of $4.16 billion (US) for the fiscal year that ended in June. That figure was up 17%...
Panama Canal Shows A Slight Decline in Usage
The Canal unit of measurement for tonnage uses the Panama Canal/Universal Measurement System (PC/UMS). For the quarter, volume was 75.6 million PC/UMS...
Pact Signed, Panama Waits on the Sidelines
Negotiations between the US and Panama had been underway since April 2004 and were concluded with the signing just two days before the Administration's...
Container Traffic Grows Through the Panama Canal
The Canal's second quarter offers figures for January through March 2007. The waterway's tonnage metrics use the Panama Canal/Universal Measurement System...
It's Going to Cost More to Ship Through the Panama Canal
Refrigerated cargo and passenger vessels will have rate increases take place on October 1 while container ships will be subject to the May 1 increase....
Panama Canal Traffic Climbs But So Does Transit Time
Overall, the amount of time it takes for a ship to move through the waterway, called Canal Waters Time (CWT), grew to 29.97 hours in the quarter--from...
Panama Canal Proposes Changing Its Pricing
There is little doubt it will cost more for people and cargo to move through the waterway, but no specific numbers are available. Those will be forthcoming...
Panama Gets a Go on Canal Expansion. Is Nicaragua Next?
By law, the Panama Canal Authority had to submit its plans for expansion to the countrys voters. Results of the national referendum indicated that nearly...
The Panama Canal Wont Benefit if the Suez Canal is Closed
But, according to Oscar Barzan, manager of the Trade Division of the Panama Canal Authority (ACP), if military actions continue and the Suez would close,...
Panama Canal Enjoys Quarterly Traffic Boost
For the fiscal quarter January through March 2006 there was an increase in net tonnage, total transits of the waterway and transits of Panamax ships....
Panama Canal Will Expand
Based on comprehensive analyses and studies by the Panama Canal Authority (ACP), its Board of Directors has recommended the building of a new lane along...
Panama Canal Breaks Tonnage Records
Even as the Canal moves to increase capacity under its Permanent Modernization Program, it set two records -- for tonnage and transits. On Monday, March...
Will the Panama Canal Meet Increasing Capacity Needs?
For the Canal, the U.S. is a major force in international trade. As the study points out, about 65% of all cargo transiting the Canal is either coming...
Panama Canal Traffic Keeps on Growing
Container traffic through the Panama Canal continues to climb, as the water passage between the Atlantic and Pacific Oceans experienced a growth in tonnage -- using its Panama Canal/Universal Measurement System (PC/UMS)...
An alternative to the Panama Canal
After over 14 years of study, the linking of the ports of Salina Cruz in the Pacific and Coatzacoalcos in the Gulf of Mexico may finally become a reality...
Panama Canal Cargo is Surging
Using its Panama Canal/Universal Measurement System (PC/UMS), the ACP notes that it showed a 9.6% increase in tonnage for fiscal 2004 year over year...
Mexican Port Competition for Panama?
The logistics corridor runs 300 kilometers by rail equipped to handle doublestacks, It connects the ports of Salina Cruz on the Pacific and Coatzacoalcos ...
Panama Canal Considers a Change in its Pricing Structure
Noting that there is a growing trend in the ocean shipping community to carrying containers on a vessels deck, the ACP is speaking with the shipping and...
The Panama Canal Remains Healthy at 90
As the all-water route from the East Coast of the U.S. to Asia and back, the Canal continues to increase in importance for global trade and logistics....
Panama Canal Continues Modernization
Locomotives are a critical component of Canal operations as they keep transiting ships centered in locks as they move along the waterway. Each new locomotive...
Panama Canal Widens Its Banks to Increase Capacity
Since the handover of the Panama Canal back to Panama, permanent modernization programs have been underway. Perhaps no project has been as important as...
Panama Canal Traffic is Up
The figures are based on improvements in Canal operations from October through December 2002, which is the first quarter of the Panama Canal Authoritys...
