PORTS hace 19 días

$5.3m transit fee: Panama Canal’s water crisis hits new low

Daily transits slashed to 32 ships as Gatun Lake hits 84.2 ft, down 4.6 ft since January.

PORTS hace 20 días

Panama Canal dodges draft cut as rains buy vital time for shipping

The Panama Canal Authority maintains the maximum authorised draft at 14.63 m after Gatun Lake levels improve.

PORTS hace 20 días

Panama Canal Dodges Draft Cut—But El Niño Looms Over Shipping

Neopanamax locks keep 48-foot draft as Gatun Lake holds steady—yet WMO warns of a "supersized" El Niño through 2027.

PORTS hace 41 días

Panama Canal slashes daily transits: 32 slots vanish as drought bites

From 34 to 23 daily transits by mid-September as Gatun Lake hits 84 feet—one foot below average

PORTS hace 45 días

The Panama Canal Now Costs More Than the Cargo On Board

An empty gas supertanker paid a record 4.6 million dollars just to skip the queue