panama canal News Updates

TCA

Big-Ship Era Dawns for East Coast as Record-Setting Ship Transits Panama Canal

The Panama Canal truly entered the big-ship era the week of May 8 when the largest vessel to date — a vessel from Asia that is as long as the Eiffel Tower is high and 158 feet wide — transited the expanded canal en route to the United States.

May 5, 2017
Business

China State Firms Eye Land Around Panama Canal: Waterway Authority

Chinese state firms have expressed an interest in developing land around the Panama Canal, the chief executive of the vital trade thoroughfare said, underlining China's outward push into infrastructure via railways and ports around the world.

March 27, 2017
Business

Panama Canal Growth Pushes Texas Ports to Improve

The Panama Canal's recent expansion will create economic opportunities for South Texas but also pressures ports to step up improvements to their infrastructure, a panel of transportation industry experts said Aug. 18.

August 19, 2016
Business

Jumbo Cargo Ships Crossing Daily as Panama Canal Use Ramps Up

Initial containership traffic through the expanded Panama Canal is averaging about one larger vessel per day during a ramp-up period that should be followed by exponential growth in the months and years ahead.

August 8, 2016
Business

PortMiami Docks Its First Neopanamax Ship

PortMiami officially joined the Neopanamax era July 9, when the MOL Majesty — a vessel too big to fit through the original Panama Canal — became the first ship to arrive at the port after transiting the newly expanded canal.

July 11, 2016
Business

New Panama Canal to Alter Global Logistics

Now that the expanded Panama Canal is open for business, changes to global shipping patterns will be far-reaching and gradual, experts said.

July 11, 2016
Business

New Era in Global Trade Begins as Expanded Panama Canal Opens

BOGOTA, Colombia — A Chinese freighter laden with nearly 9,500 metal cargo containers transited the expanded Panama Canal on June 26, inaugurating the interoceanic waterway and opening a new era in global trade.

June 28, 2016
Business

Carolinas Ports Getting Ready for Bigger Ships From Panama Canal

The North Carolina State Port Authority is nearing completion of infrastructure improvements designed to prepare the Port of Wilmington for larger ships traveling through the new locks at the Panama Canal.

June 27, 2016
Business

Panama Canal Fever Sweeps Globe Again as New Era in Trade Nears

Nine years of construction work, at a cost of more than $5 billion, have equipped the Panama Canal with a third set of locks and deeper navigation channels, crucial improvements that will double the isthmus’s capacity for carrying cargo between the Atlantic and Pacific oceans.

May 25, 2016
Business

Expansion of Panama Canal Nearly Finished, but Extent of US Freight Shift Still Debated

Nearly a decade in the making, the expansion of the Panama Canal is expected to be ready for commercial traffic in late spring.

February 1, 2016