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panama-canal-authority

Panama Canal Bulker Transits Fall 22%

Panama Canal bulker transits have fallen 22 percent year over year since the beginning of July as lower water levels and increased competition for transit slots push more dry bulk vessels toward longer alternative routes, according to BIMCO. Tankers have added to competition for canal capacity as U.S. energy exports to Asia increase, while the expected effects of El Niño could further reduce water levels and restrict available transits, said Filipe ... [+]

Port Freeport, Panama Canal Authority Extend Partnership

On November 9th, Port Freeport Commissioners agreed to extend the Memorandum of Understanding (MOU) with the Panama Canal Authority (ACP) for an additional five years. In 2012, both parties signed the MOU as a joint effort to help promote business between the ACP and Port Freeport. "On June 26, 2016, the ... [+]

Port Everglades and the Panama Canal Authority Renew MOU

Port Everglades and the Panama Canal Authority (ACP) have renewed their long-standing Memorandum of Understanding (MOU) to promote trade opportunities for another five years. This renewal will extend their strategic alliance to 2021. The MOU solidifies both entities' dedication to growth and best customer practices. The ACP and Port Everglades first ... [+]

Panama Canal Authority Announces Expansion Inauguration Date

The Panama Canal Authority (ACP) announced on March 23 that the Panama Canal Expansion will be officially inaugurated on Sunday, June 26, 2016. The announcement was made this morning during the inauguration ceremony of the Canal’s state-of-the-art Scale Model Maneuvering Training Facility, which will provide additional hands-on experience to pilots ... [+]

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