Panama Canal

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 […]

Canal prepares for LNG ship transit boom

El “Maran Gas Apollonia” fue el primer barco de GNL en cruzar el Canal.

By Franklin Castrellón

In the first 50 years of operation of the Panama Canal, the core of its business consisted of bulk cargo ships. However, when the use of containers was consolidated by Malcolm McLean, designing it for use for the first time in April 1956 for a voyage between New York and Houston, container ships displaced bulk carriers, and both segments have been maintained as best canal customers.

The start of operations of the […]

ACP rewards green customers

Un barco de GNL cruza el canal.

The Panama Canal Authority has launched a new program that incentivizes its customers to use more energy efficient ships when using the waterway.

The incentive, known as the Environmental Premium Ranking, is tied into a new customer loyalty program of sorts, offering discounted tolls for customers who use the Panama Canal more often. The environmental ranking allows qualified customers to improve their position with the Canal’s Customer Ranking System, which is taken into consideration when […]

Prize for reducing gas emissions

Algunos barcos producen gases que dañan el medio ambiente.

The Panama Canal has launched the “Green Connection Award”, a new environmental initiative to recognize customers who meet and exceed environmental standards established by the International Maritime Organization (IMO) and/or other recognized international standards to help reduce emissions of greenhouse gases.

The Panama Canal will evaluate the eligible candidates based on five specific environmental parameters, which are: the Energy Efficiency Index Design (EEDI) the Environmental Ship Index (ESI) the amount of nitrogen oxides emitted by […]

Panama Canal and Port Miami renew MOU

Puerto de Miami.

The Panama Canal and PortMiami extended their 13-year alliance with MOU renewal. It coincides with the first Neopanamax vessel to call on PortMiami after transiting the Expanded Canal

This marks another milestone in the agreement that was reached as Panama Canal Administrator and CEO, Jorge L. Quijano and PortMiami Director, Juan M. Kuryla, renewed a Memorandum of Understanding to promote trade opportunities and share best customer practices.

The renewal of the MOU — which extends […]

Great outlook for Panama

PANAMCHAM

By Marijulia Pujol Lloyd

“Panama is open for business”, said the United States’ Ambassador to this country, John Feeley during the Panama American Chamber of Commerce (PANAMCHAM) forum called “Panama: expanding its opportunities.” The event took place on Sunday, June 26, at the Riu Hotel. The event was part of the inauguration of the Third set of Locks of the Panama Canal, which took place the same day.

During his introduction, Ambassador Feeley said that […]

Canal will generate less income

Canal de Panamá.

The financial contribution of the Panama Canal to the State for the period 2017-2021 will be 45.3 percent lower than the initial estimate on the enlargement, according to official figures analyzed by the Panamanian press.

The latest projections of the Ministry of Economy and Finance (MEF) for the years indicated were $15,303 million, but in a last adjustment that figure dropped to $8,533 million, said the newspaper La Estrella de Panama.

The reasons cited by […]