The Panama Canal Authority is adamant that prices haven’t increased, and the passage is not suffering from a congestion ...
Years ago, as a marine engineer with Seaspan Ship Management, I was sailing on a 5,000 Twenty-foot Equivalent Unit container ...
The Panama Canal is facing a renewed rush for priority passage, with shipowners and charterers paying millions of dollars to secure faster transit as disruption around the Strait of Hormuz redirects ...
The Panama Canal Authority (ACP) reported this week a 29.3% drop in passing ships during Fiscal Year 2024 as a result of the severe drought affecting the interoceanic crossing. A total of 9,944 ...
With oil tankers avoiding the Strait of Hormuz, the Panama Canal has driven revenue increases of 10 to 15 percent since the ...
Shipping firms are paying millions to cross the Panama Canal as the Hormuz crisis disrupts global trade routes.
The Panama Canal was built on the premise that it would cut the time needed to go from the Atlantic to the Pacific. So how ...
BRS Shipbrokers and Clarksons Securities highlight the return of massive fees being paid for priority crossings ...
Add Yahoo as a preferred source to see more of our stories on Google. Getty Images In December 2024, U.S. President-elect Donald Trump began repeatedly calling for the return of the Panama Canal to ...
Businesses have doled out up to $4 million to cross boats through the Panama Canal to dodge ongoing chaos in the Strait of Hormuz, which has created a seismic shift in global trade flows.
EADaily, May 12th, 2026. The capacity of the Panama Canal is almost exhausted. Hundreds of vessels have accumulated on both ...
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