Suez Canal Revenues Decline 40% Amid Red Sea Conflict
The revenue of the Suez Canal witnessed a significant 40% decline, according to the Suez Canal Authority (SCA)
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Panama Canal Authority Announces Increase in Daily Transits for January 2024
The Panama Canal Authority has shared positive news regarding an increase in daily transits for January 2024,…
Panama Canal delays impact Shipping Contracts
The Panama Canal delays is due to impact detention, demurrage, force majeure, and stoppage of canals and waterways…
Shipping lines impose Panama Canal Surcharges
Shipping Giants CMA CGM and MSC Impose Panama Canal Surcharges Amidst Capacity Woes, according to sources.
Panamá Canal: Further restrictions on ships due to drought
the Panama Canal is set to impose additional reductions in the number of ships permitted to cross, due to the most…
Panamá Canal: Prolonged Drought Persists Longer Transit Restrictions
The Panama Canal Authority announced the extension of transit restrictions for vessels navigating the iconic…
Drought in Panamá Disrupts Global Trade, Exposing Climate Change Impact
unprecedented drought conditions in Panama have triggered significant delays and stringent trade restrictions along…
Panama Canal Authority Maintains Maximum Draft Allowance Amid Drought
According to sources, Panama Canal Authority Maintains Maximum Draft Allowance Amid Drought.
Panama Canal: Drought threatens one of the most important maritime routes in the…
Drought threatens the world's most important shipping lane. The lack of rain has forced the Panama Canal to reduce…
Panama Canal reports a drop in Neopanamax cargo
The Panama Canal reports a drop in the tons of cargo that went through the new locks, on the contrary, in the old…