Last week, after posting the decision by the Panama Supreme Court to nullify the existing contracts with CK Hutchison, the Panamanian government took control of the ports at both ends of the canal. The Panama Maritime...
OUSTED IN PANAMA
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PANAMA, SUEZ & ILA
The Panama Canal is increasing the ship transits this month as water levels return to near-normal. They will be able to handle 35 ships per day versus the 24 maximum daily transits in place since May. Additionally, the...
CANAL & LABOR WOES
Transiting through both the Panama and Suez Canals continues to bring logistics challenges, longer transit times, unreliable schedules and increased costs. The Houthi attacks in the Red Sea are escalating despite US...
PANAMA PAINS
There has been quite a bit of news regarding the significant impact of the drought on cargo flows through the Panama Canal. To fill the locks and raise the ships, it takes 50M gallons of water from Gatun Lake for each...