The Panama Canal Authority has decided to increase the maximum authorised draft to 45 feet (13.7 metres) due to an earlier-than-expected onset of the rainy…
The multipurpose (MPP) shipping sector has not been spared from the disruptions in traffic flows in the Panama and Suez Canals. According to shipping consultancy…
Scheduled maintenance work at the Gatun Locks of the Panama Canal will cause a temporary reduction in daily transit numbers, the Panama Canal Authority said.…
As the new shipping crisis unfolds in the Red Sea and the Suez Canal, a glimmer of hope for the ocean shipping sector comes in…
Following Panama Canal Authority’s Advisory to Shipping No. A-48-2023, several MPP carriers and operators have decided to cancel traversing the canal until May or June…
The Dry Bulk and LNG segments have borne the brunt of restricted transits of the Panama Canal that has been pushed into a crisis due…
The severe drought that has had a major impact on the water levels in the Panama Canal are restricting the movement of heavy-lift multipurpose vessels.…
The Panama Canal, a crucial element of global shipping, is in crisis due to an unprecedented drought, which is casting shadows over trade dynamics and…