Panama Canal

Study considers Panama Canal tug safety

Seguridad de los barcos remolcadores fue revisada por TMG.

Tug operations were put under scrutiny by an article published in the Maritime Journal and written by Peter Barker. For many months the tug boats captains have complained about the working conditions and other problems related to the safety of the vessels crossing the Panama Canal.

An A-list team of international experts led by The Maritime Group International (TMG) has delivered a review of tug operations in the newly expanded Panama Canal.

The canal’s capacity […]

Panama Canal recovers traffic

El tránsito de barcos por el Canal ha aumentado.

As of August 2017, 9,217 vessels crossed the Panama Canal, 6% more than last year, when traffic reached 8,693 vessels, according to the Statistics and Census Institute of the Comptroller’s Office.

The recent expansion of the third set of locks, inaugurated on June 26, 2016, impacted on this result.

So far this year, there has been an increase of 524 vessels that have crossed the Canal, that is, 6% higher, driven by the transit of […]

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 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 […]

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 […]

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 […]