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The 51-mile canal connects the Atlantic Ocean and the Pacific Ocean, which has historically made it a vital trade route. It had expected to bring in fees of about $4.9 billion in 2024 before the ...
June 26 is opening of an ambitious, $5.4 billion expansion of the Panama Canal, which will double cargo capacity and beat the Suez for big ships from Asia to East Coast by 5 days News Home Page ...
Soaring Fees at Panama Canal Have LNG Shippers Taking Long Route Alternative trip is up to 2 weeks, 6,000 nautical miles more In October, Cape of Good Hope used most in two years ...
The Panama Canal on Friday said it will increase the number of booking slots available in its Panamax and Neopanamax locks, after a severe drought caused one of the world's main maritime trade ...
Capacity reduction on the Panama Canal have hurt dry bulk market, with dry bulk carrier transits down significantly (down 74% in the Q1 '24 vs. Monday, June 30, 2025 🔍 ...
Panama's president denounced Mr. Trump's remarks and said "The Canal is Panamanian" in a social media post.. Below is a look at where the two places are and what Mr. Trump has said about wanting ...
The Panama Canal Has Become a Traffic Jam of the Seas. ... WSJ takes you inside the canal’s operations to understand what this means for the future of this vital shipping route.
The worsening bottlenecks at the drought-stricken Panama Canal are pushing at least one US diesel shipper to sail around the tip of South America en route to Chile for the first time since 2020.
Since it’s 1914 inauguration, 1.1 million transits have occurred along the Panama Canal route. The U.S., China and Japan are the top three countries utilizing the canal based on cargo flow from ...
The Panama Canal handles about one-third of Asia-to-Americas seaborne trade, including food and cars. With an extended drought, shipments may start taking longer and costing more.
A severe drought this year led to restrictions for the Panama Canal. The rains are now returning, but weather patterns are likely to make limits more commonplace in years to come.