Longer and deeper ships will now be able to use the expanded Panama Canal. After almost five years since the inauguration fo the new Neopanamax locks, the Panama Canal Authority…
expanded panama canal
Panama Canal Authority Wins $265 Million Arbitration Case Against Expansion Project Contractor
PANAMA CITY, Sept 25 (Reuters) – The Panama Canal Authority said it won an arbitration ruling on Friday for $265 million to be returned to it from the consortium that built a third set of locks for the key transoceanic waterway. The authority cited a decision from a Miami-based arbitration board it...
Panama Canal Celebrates 106 Years With Its Validity Strengthened
The Panama Canal reaches its 106 years of operation this August 15, with its validity strengthened in the midst of an unprecedented health crisis. Its role as facilitator of world trade has allowed it to guarantee a continuous and safe service during the current pandemic, and at the same time, keep the north in its main challenge for the future: water.
Just this week, on Monday, August 10, reaching 10,000 transits through the expanded Canal since its opening four years ago, the interoceanic...
Panama Canal Welcomes 10000th Neopanamax Through The Expanded Canal
The Panama Canal welcomed the 10,000th Neopanamax vessel through the Expanded Canal on Monday, marking a new milestone for the nearly 106-year waterway and its growing liquefied natural gas (LNG) segment.
The milestone transit was completed by LNG vessel SK Resolute travelling southbound from the Atlantic to the Pacific Ocean. Constructed in 2018, the vessel has a cargo capacity of 180,000 m3 and measures 292 meters in length and 47.8 meters in beam.
Monday marked the vessel’s thirteenth transit...
Trade War Hits Panama Canal Revenues
By Michael McDonald (Bloomberg) – The trade tension between the U.S. and China is making waves at the Panama Canal. Cargo from the U.S. to China going through the key waterway has slumped this year as the Asian giant cuts its imports of American food and fuel, according to Panama Canal Authority...
VIDEO: The New Panama Canal – How It Works
Our favorite documentary YouTube channel, Wendover Productions, has a new video on how the New Panama Canal works. Check it out then go subscribe to Wendover’s awesome YouTube Channel.
Watch: Largest Vessel In Dimension To Pass Through Expanded Panama Canal
The Panama Canal today completed a transit test of the container ship Tritón, of the Evergreen shipping company, the largest and largest container vessel to make the lock for the Canal expanded since its opening in June 2016.
Image Credits: @thepanamacanal – Twitter
The neopanamax container container Triton established a new record of total TEUs allowed (20 feet containers) in the Panama Canal, with 15,313. The ship measures 51.2 meters of beam (width) and 369 meters of length (long), and...
Expanded Panama Canal Breaks 15,000 TEU Vessel Threshold
The Panama Canal completed a trial transit of Evergreen’s Triton, the largest ship by dimension and container cargo capacity to pass through the Expanded Canal since it opened in 2016. The Triton has a Total TEU Allowance (TTA) of 15,313, a 20-row beam of 51.2 meters and a length of 369 meters. It...
Panama Canal Transits First Q-Flex LNG Carrier
The Panama Canal welcomed the largest liquefied natural gas tanker to ever transit the waterway over the weekend. The tanker, Qatargas’ Al Safliya, transited the Expanded Panama Canal on Sunday, part of a northbound from the Pacific to the Atlantic Ocean. At 315 meters in length, 50 meters in...
LNG Carrier Marks 6,000th Transit Through Expanded Panama Canal
The Panama Canal has welcomed the 6,000th Neopanamax vessel through the Expanded Canal with the transit of the LNG carrier Energy Liberty on voyage from the U.S. to Japan. The Panama Canal Authority says the milestone underscores the route’s ability to accommodate the highly-dynamic liquefied...