Tag archives: Panama Canal

Panama Canal Pilots warn of major operational issu

A 2006 referendum approved the expansion of the Panama Canal with a cost of 5.25 billion US dollars. The Plan had been approved and funded, yet was missing one ...

Panama Canal registers tonnage increase in FY 2014

The Panama Canal registered an increase in tonnage to 326.8 million Panama Canal tons (PC/UMS) during fiscal year 2014 which concluded on September 30. This figure represents a ...

Panama Canal receives last tugboat of new fleet

The Panama Canal received Cerro Ancon, the last of the 14 tractor tugs of its new fleet. These new tugboats will allow the Canal to offer a more efficient service ...

Panama Canal updates Maersk Line on Expansion Program

Within the framework of the centennial celebration, the Panama Canal Administrator Jorge L. Quijano received a Maersk Line delegation led by Søren Skou, CEO of Maersk Liner Business, to ...

ACP and new locks contractor incorporate agreement to complete expansion

The Panama Canal Authority and the consortium Groups Unidos por el Canal has signed the variation incorporating to the original contract the agreement reached in March for completion of the ...

First gates moved to new locks for the Panama Canal expansion

The Panama Canal Expansion has reached another important milestone with the transfer of the first gates to the new locks complex in the Atlantic side.

"This is a very important ...

Second shipment of locks gates arrives in Panama

The Panama Canal Authority (ACP) informs that the second shipment of four rolling gates for the Third Set of Locks to the waterway's Atlantic side has arrived from the ...

Panama Canal to charter Post-Panamax ship for training in new locks

The Panama Canal Authority (ACP) will charter a Post-Panamax vessel before the opening of the expanded Canal to be used for training purposes in the Third Set of Locks.

The ...

Four new lock gates for Panama Canal expansion sail from Italy

The Panama Canal Authority (ACP) reports that the ship Sun Rise, with four new gates for the Third Set of Locks is sailing for Panama from Trieste, Italy. 

The ship ...

Conceptual agreement reached in Panama Canal new locks project

The Panama Canal Authority (ACP) announces the end of talks with the new locks project contractor Grupo Unidos por el Canal, S.A. (GUPC), through which a conceptual agreement has ...

GUPC to restart Panama Canal new locks works

The new locks contractor Grupo Unidos por el Canal, S.A. (GUPC) accepted Panama Canal Authority's (ACP) repeated request and agreed tonight to restart on Thursday, February 20 the ...

Positions remain apart in Panama Canal new locks project talks

The Panama Canal Authority (ACP) reports that despite efforts to agree with Grupo Unidos por el Canal, S.A. (GUPC) to resume work on the new locks project, positions between ...

ACP demands GUPC to resume works on new locks project

The ACP demanded yesterday that Grupo Unidos por el Canal (GUPC), the consortium in charge of the construction of the third set of locks, resume work on the project as ...

Panama Canal first quarter fiscal year results register record tonnage

The Panama Canal registered a tonnage record of 87.7 million PC/UMS tons (Panama Canal Universal Measurement System) during the first quarter of the fiscal year (FY), a 4 ...

GUPC announcement of suspension goes against third set of locks Contract

The Panama Canal Authority (ACP) has warned that the suspension announced for Monday, January 20, 2014 by Grupo Unidos por el Canal, S.A. (GUPC) is not valid, lacks merit ...

Board of Directors reaffirms full support to Panama Canal Administration

The Board of Directors of the Panama Canal Authority (ACP) has reaffirmed its full support to the Panama Canal Administration in the management of the contract for the construction of ...

MARAD releases study on impacts of Panama Canal expansion

The U.S. Department of Transportation’s Maritime Administration (MARAD) released a study on shipping patterns and industry costs that will help the United States prepare for the anticipated impact ...

Panama Canal expansion reaches important milestones

Canal Expansion is moving forward to achieve its goal of enhancing the waterway's capacity in order to provide a better service to customers. To date, the Program registers a ...

Panama Canal Administrator discusses impact of expansion in Sea Asia 2013

Panama Canal Administrator Jorge L. Quijano discussed with maritime industry leaders the impact of the Expansion and the role it will play in trade between Asia and Latin America.

"We ...

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