Panama Canal Authority

Panama Canal sets a tonnage record

Canal de Panamá establece récord de tonelaje

Following the close of its 2017 fiscal year (FY17) the Panama Canal announced that the waterway shipped a record 403.8 million Panama Canal tons (PC/UMS) of cargo in FY17, the largest amount of annual tonnage ever transited in its 103-year history.

The 22.2 percent increase from the previous year can be directly attributed to the added capacity provided by the expanded Canal.

According to figures, the Panama Canal transited a total of 13,548 vessels during […]

Panama Canal signs agreements to boost sustainability in its basin

The Panama Canal signed four cooperation agreements with the Banesco and Banistmo banks, Manzanillo International Terminal (MIT) and the car sales company Ricardo Pérez S.A., to collaborate in projects of social responsibility.

In this way, the parties will work together with contributions to promote the sustainable development of the Panama Canal basin and its residents. In addition, they will coordinate specific projects for environmental protection, the integral well-being of the people, the culture, the community […]

Forum about the expanded Canal and Chile

Líderes panameños y chilenos de la industria marítima asistieron al foro.

The Chilean Embassy in Panama and the Panama Canal Authority (ACP) developed the Chile-Panama Global Opportunities Forum where the potential of the expansion of the inter-oceanic route for Chilean maritime trade was discussed.

The event was attended by the President of Panama, Juan Carlos Varela, the Canal Administrator, Jorge Luis Quijano, and the Chilean Ambassador to Panama, Francisco Cruz.

It should be noted that Chile is the fourth major user of the Panama Canal – […]

Panama to have a one-stop shop maritime system

The Panama Maritime Authority and the Panama Canal Authority have reached an agreement for the creation of a one-stop shop that aims to streamline the procedures related to maritime trade in the country.

The two entities have signed an institutional cooperation agreement and will begin the procedures to create the Panama One Stop Window (VUMPA for its initials in English).

The aim of the VUMPA will be to streamline maritime transport through the simplification of […]

ACP uses discretionary savings tubs for eco-efficient operation

Represa del Lago Gatún

The availability of potable water in the interoceanic region is the key, not only to meet the water needs of the population and economic activities, but also for the safe, efficient and reliable operation of the Panama Canal.

Due to the effect of climate change on the rainfall regime, the Panama Canal Authority (ACP) introduced the use of water saving tubs in the new locks.

On the first anniversary of the enlarged Canal, ACP administrator […]

ACP to adjusts tender terms of Corozal

¿Una segunda oportunidad para el Puerto de Corozal?

Por Franklin Castrellón  With authorization of the Board of Directors, the administration of the Panama Canal Authority (ACP) will make an assessment of the terms originally proposed for the concessionaire of the construction and development of the container port of Corozal West, at the Pacific entrance of the Canal.

The Panama Chamber of Shipping (CMP) through its president, Rommel Troetsch, had made some observations that, according to the report, the administrator of the ACP, Jorge […]

Panama Canal Board of Directors Meets Advisory Board

La Junta Directiva del Canal se reunió con la Junta Asesora.

A delegation of the Panama Canal Authority (ACP), including members of its Board of Directors and administration, met in Shanghai, China, on March 28 and 29 for its annual joint meeting with the ACP Advisory Board.

Since 2000, the Advisory Board meets once or twice a year, alternately in Panama or in a city linked to the maritime industry. This occasionally coincides with the place of residence of Advisory Board members, who offer their insights […]