panama canal
Panama Canal Reverses Course on Transit Restrictions as Water Outlook Improves
The waterway is restoring some capacity after cutting daily transits earlier this month, though its operation…
Panama Canal Faces Further Transit Cuts as El Niño Intensifies
The Panama Canal Authority is preparing for tighter capacity in 2027, expecting average daily transits for…
Ocean Carriers Reroute as Panama Canal, Asian Port Congestion Crater Schedule Reliability
Container vessel schedule reliability fell to 56.4 percent in July, a 6.1-percentage-point decline from June…
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Panama Canal Slashes Daily Ship Transits as El Niño Threatens Water Levels
The Panama Canal Authority will further restrict vessel traffic from 36 to 32 daily crossings in September as…
Panama Canal Congestion May Push More Imports to West Coast, LA Port Says
Gene Seroka said the port is preparing for a potential influx as vessel backlogs at the canal and the Middle…
Mexico’s Land-Based Panama Canal Alternative Seeks to Court Cargo
The Interoceanic Corridor has moved over 514,000 tons of freight so far in 2026, a fraction of what Mexico…
Asia-US East Coast Freight Rates Hit 2026 Peak. Can the Rally Continue?
A resilient container market has challenged expectations of a late-summer slowdown and Panama Canal costs…
Container Ship Pays $4M to Jump Panama Canal Queue as Wait Times Surge
A ONE-chartered ship reportedly secured the bid as war-driven congestion mounts and draft restrictions…
Panama Canal’s El Niño Concerns Prompt Carrier Surcharges, New Draft Restrictions
Ocean carriers including MSC, CMA CGM and Hapag-Lloyd are rolling out Panama Canal surcharges while the…
NOAA Warns Potentially Historic El Niño Could Renew Pressure on Panama Canal
The forecast comes as canal officials take precautionary water conservation measures and vessel traffic…
The Panama Canal is Cashing in on the Iran War
With oil tankers avoiding the Strait of Hormuz, the Panama Canal has driven revenue increases of 10 to 15…
Panama Canal Booking Prices Surge on Hormuz Instability
Average auction prices to pass the canal have nearly tripled as carriers hedge against the Iran war, with one…
China Export Slowdown Coincides With Reported Pressure on Maersk, MSC Over Panama Ports
Export growth of 2.5 percent in March marks a six-month low for the second-largest economy, which saw imports…
CK Hutchison Accuses Maersk of ‘Scheme’ in Panama Port Takeover
The company's Panama unit claims Maersk colluded with country officials to replace it as the Balboa port's…
Sec. Rubio: China Detentions of Panama-Flagged Ships ‘Undermine’ Supply Chains
Nearly three in four vessels held at Chinese ports in March were registered to Panama, "far exceeding…