Panama Canal

IMO secretary general congratulates Panama in centenary of ship registry

El Ministro para Asuntos Marítimos, Jorge Barakat Pitty entrega la bandera al Ministro de Economía Marítima y Navegación Interior de Polonia, Marek Gróbarczyk.

With the transfer of the flag by Panama’s Minister for Maritime Affairs, Jorge Barakat Pitty, to the Minister of Maritime Economy and Inland Navigation of Poland, Marek Gróbarczyk, this country was officialized as the next venue for the Parallel Event of the International Maritime Organization (IMO) concluding this great event in Panama City.

“I thank this great country, Panama, for having hosted such an important event for the maritime world. I take this opportunity to […]

Canal tolls approved by Cabinet

The new Panama Canal tariff were approved.

The new Panama Canal tariffs were approved in the Cabinet and now only waits to be published in the Official Gazette, it was confirmed by Panama Canal administrator Jorge Quijano.

Quijano said that after an in-depth analysis of the comments received from users and discussion with the Board, an adjustment was only made on the return days for the proposal of the container ships, increasing it from 25 to 28 days.

The original proposal for […]

Panama Canal reaches 103 years since its opening

Construcción del Canal de Panamá a principios del siglo XX.

The Panama Canal has contributed to the National Treasury more than $11.6 billion since it was returned to Panama in 1999.

The Canal celebrated its 103 years on August 15, with a variety of events. After its inauguration in 1914, the route has been a key element in international maritime trade by shortening the connection of several sea routes between the Atlantic and the Pacific oceans, which before its inauguration, forced ships to use the […]

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 […]

Meyer’s Group offers towage support to the Panama Canal

El remolcador Damen ASD 2913.

The Meyer’s Group has ordered two, powerful Damen ASD 2913 Tugs to operate in the newly expanded Panama Canal. At an official signing ceremony at the Panama Maritime XIII World Conference, Michel Mittelmeyer, Chief Executive Officer said the Meyer’s Group was awarded a contract last year to offer towage support in the new Panama Canal locks.

These new tugs fulfil the requirements of the Panama Canal Authority as more powerful vessels, of at least 80 […]