Panama Canal

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 […]

Canal offers incentives to Neopanamax on return journey south

The Neopanamax ships will receive incentives, if they use the Panama Canal on its return trip.

By Franklin Castrellón

The Panama Canal Authority (ACP) has formulated a proposal to modify the toll system which, on the one hand, provides incentives to Neopanamax vessels on their partially empty return voyage to the South Pacific. On the other hand, the ACP reassigns the container/loose cargo vessels from its classification in the “other” segment to the general cargo segment, which will generate savings for these types of vessels for using the Panamanian route. The […]

1,000 Neo-panamax ships crossed the Canal

MSC Anzu hizo el histórico tránsito número 1,000 por el Canal Ampliado.

Less than nine months after the historic inauguration of the Expanded Canal, the Panama Canal announced that it has welcomed its 1,000th Neo-panamax vessel through the waterway, highlighting the importance of the route and customers’ continued faith in the safe, reliable and efficient service the Canal provides.

On Sunday, March 19, the containership Mediterranean Shipping Company’s MSC Anzu made the historic 1,000th transit through the Expanded Canal, heading northbound from the Atlantic to the Pacific […]

Panama Canal to launch State-of-the-Art Vessel System

El nuevo sistema de programación de tránsito y gestión de recursos marítimos.

In response to growing traffic through the waterway, the Panama Canal announced today that it will launch a state-of-the-art vessel scheduling and maritime resource management system to further optimize costs, improve safety and increase the overall efficiency and reliability of the service it provides.

“For more than a century, the Panama Canal has enjoyed a proud legacy of innovation,” said Panama Canal Administrator Jorge L. Quijano. “This system will help carry that legacy forward, allowing […]

The biggest container ship crosses the Canal

El Valparaiso Express abre la era de los megabarcos.

Recently the Panama Canal welcomed the largest capacity vessel to-date to transit the Expanded Locks—Hapag-Lloyd’s Valparaiso Express. The 10,589 TEU Neo-panamax containership was specifically built to take advantage of the greater capacity offered by the Expanded Panama Canal.

This passage ushers in a new era of mega-ships that have been able to transit the expanded Canal since its inauguration on June 26 of this year. The new locks, which are 70 feet wider and 18 […]

Canal expansion fails to revert red numbers

El movimiento de contenedores disminuyó 11.8% en el periodo de enero a octubre del 2016.

The Panama Canal expansion has failed to revert the difficult situation that currently faces the country’s shipping sector. This is evident in the red numbers shown by all economic activities which compose it.

The $5,450 million invested so far in the expansion project, the 77 kilometers of the interoceanic waterway, the two set of locks and the Standard & Poor’s good qualification have not been enough to change the slowdown trend in the activities that […]

Panama Canal Records Third-Highest Annual Cargo Tonnage

The Cosco Shipping, the first ship to cross the third set of lock.

At the close of the 2016 fiscal year (FY16), the Panama Canal Authority (ACP) recorded the third-highest annual tonnage in its history, handling 330.7 million Panama Canal tons (PC/UMS).

A total of 13,114 vessels transited the Panama Canal during the fiscal period from October 1, 2015 to September 30, 2016. Of these, 238 were Neopanamax vessels that took advantage of the newly opened Expanded Canal during the first three months of its operation, accounting for […]