PORTS hace 33 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 37 días

Panama seizes $191.7m oil corridor to bypass its own canal

State acquires 100% of Petroterminal de Panamá, a 131 km pipeline system moving 10m barrels monthly without using the.

PORTS hace 41 días

Suez Canal Traffic Rebounds as Shippers Ditch Cape of Good Hope

Container crossings through the Suez Canal are steadily increasing.

PORTS hace 42 días

Panama Canal’s $5.3m Slot Auction: Who Pays—and Why?

Neopanamax operators face a new booking system as drought cuts daily transits to nine from September 3.

BUSINESS hace 45 días

$5.3m Canal Bid Shatters Record as Drought Chokes Panama Trade

SK Gas pays highest-ever fee to secure a slot for its LPG carrier G. Spirit.

BUSINESS hace 47 días

Panama Canal’s $5.3M Slot Auction: How LPG Traders Are Burning Cash

SK Gas smashes its own record—again—as LPG traders pay millions to skip the queue.

WORLD ECONOMY hace 47 días

4.3m TEU Stuck: Port Congestion Worse Than Covid Peak

Global port congestion hits record 4.3 million TEU of vessel capacity waiting to berth, surpassing Covid-19 bottlenecks.

CONTAINERS hace 48 días

Port Congestion Hits 4.3m TEU: Worse Than Covid-Era Chaos

Global port congestion removes 4.3 million TEU from circulation, surpassing the pandemic peak.

PORTS hace 53 días

Panama Canal slashes daily slots to 32: freight rates set to surge

The Panama Canal Authority cuts daily transits to 32 vessels from mid-September amid worsening drought conditions.

PORTS hace 53 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