Panama Canal Growth Pushes Texas Ports to Improve
The Panama Canal's recent expansion will create economic opportunities for South Texas but also pressures ports to step up improvements to their infrastructure, a panel of transportation industry experts said Aug. 18.
Jumbo Cargo Ships Crossing Daily as Panama Canal Use Ramps Up
Initial containership traffic through the expanded Panama Canal is averaging about one larger vessel per day during a ramp-up period that should be followed by exponential growth in the months and years ahead.
PortMiami Docks Its First Neopanamax Ship
PortMiami officially joined the Neopanamax era July 9, when the MOL Majesty — a vessel too big to fit through the original Panama Canal — became the first ship to arrive at the port after transiting the newly expanded canal.
New Panama Canal to Alter Global Logistics
Now that the expanded Panama Canal is open for business, changes to global shipping patterns will be far-reaching and gradual, experts said.
New Era in Global Trade Begins as Expanded Panama Canal Opens
BOGOTA, Colombia — A Chinese freighter laden with nearly 9,500 metal cargo containers transited the expanded Panama Canal on June 26, inaugurating the interoceanic waterway and opening a new era in global trade.
Carolinas Ports Getting Ready for Bigger Ships From Panama Canal
The North Carolina State Port Authority is nearing completion of infrastructure improvements designed to prepare the Port of Wilmington for larger ships traveling through the new locks at the Panama Canal.
Panama Canal Fever Sweeps Globe Again as New Era in Trade Nears
Nine years of construction work, at a cost of more than $5 billion, have equipped the Panama Canal with a third set of locks and deeper navigation channels, crucial improvements that will double the isthmus’s capacity for carrying cargo between the Atlantic and Pacific oceans.
Expansion of Panama Canal Nearly Finished, but Extent of US Freight Shift Still Debated
Nearly a decade in the making, the expansion of the Panama Canal is expected to be ready for commercial traffic in late spring.
Panama Canal Completes 96% of Expansion Project
The Panama Canal Authority has completed 96% of the work on its expansion project, which will more than double the critical waterway’s capacity when it is finished and open to vessels later this year.
January 5, 2016Leaky Locks May Further Delay $5.3 Billion Panama Canal Widening
The April opening of Panama’s $5.3 billion expanded canal, originally set for 2014, could be delayed further depending on repairs to leaks discovered in the new locks during testing as the waterway ends a year of record shipments, administrator Jorge Quijano said.