Government, Business, Logistics

Panama Canal Proposes Toll Revamp

The Panama Canal Authority proposed a comprehensive restructuring of its toll system April 1 that would increase rates charged on cargo such as vehicles, oil and gas, and soybeans that cross the waterway as ocean shippers rake in record profits.

Michael McDonald | Bloomberg News
April 1, 2022

Leaky 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.

Michael McDonald | Bloomberg News
October 30, 2015