Latest News Updates From Michael McDonald

Government, Business, Logistics

Panama Auditor Says Port Operator Owes Millions

Panama’s top auditor accused port operator CK Hutchison of wrongdoing, providing a potential path for the  country to wrest control of canal facilities caught in a U.S.-China tug-of-war.

April 8, 2025
Government, Business, Logistics

Panama Leader Denies Trump Claim of Free Canal Passage

Panama President Jose Raul Mulino denied that his government had granted free passage for U.S. government ships through the Panama Canal.

February 6, 2025
Government, Business, Logistics

Panama Canal Eases Limits That Caused Shipping Bottleneck

The Panama Canal is lifting restrictions that caused a global shipping bottleneck as water levels normalize after a severe drought.

August 27, 2024
Government, Business, Logistics

Panama Canal Proposes Toll Revamp

The Panama Canal Authority proposed a comprehensive restructuring of its toll system April 1 that would increase rates charged on cargo such as vehicles, oil and gas, and soybeans that cross the waterway as ocean shippers rake in record profits.

April 1, 2022
Business

Leaky Locks May Further Delay $5.3 Billion Panama Canal Widening

The April opening of Panama’s $5.3 billion expanded canal, originally set for 2014, could be delayed further depending on repairs to leaks discovered in the new locks during testing as the waterway ends a year of record shipments, administrator Jorge Quijano said.

October 30, 2015