Allianz Global Corporate & Specialty has released a new report on the Panama Canal Expansion Project to commemorate the opening of the new locks on June 26th. Allianz examines how this project will impact traffic of larger vessels, value of insured goods and risk management
Read moreThe United Kingdom Hydrographic Office has planned to release five new Electronic Navigational Charts (ENCs) for the expanded Panama Canal.
Read moreCosco Shipping Panama, the first container ship to pass through the expanded Panama Canal on June 26th, set sail on Saturday, June 11th from the port of Piraeus, Greece, on its way to this Central American country.
Read moreThe Panama Canal's chartered vessel transited the new Agua Clara Locks in the Atlantic side on June 9. These transits, performed by the Neopanamax dry bulk carrier MN Baroque, are part of a series of a long-planned training events occurring in the run-up to the Expanded Canal's June 26 Inauguration.
Read moreVideo illustrates the largest infrastructure project since the waterway’s original construction. The Panama Canal Expansion Program is planned to create a new lane of traffic along the Canal through the construction of a new set of locks, increasing the waterway’s capacity. The new locks will have three chambers, water-saving basins, lateral filling and emptying system & rolling gates.
Read moreVideo shows the undergoing Panama Canal Expansion project, the largest project at the Canal since its original construction. The project will create a new lane of traffic along the Canal through the construction of a new set of locks, doubling the waterway’s capacity. The existing locks allow the passage of vessels that can carry up to 5,000 TEUs.
Read moreITF underlined its case regarding the possible risks to safety posed by the Panama Canal’s new locks after the Panama Canal Authority published a press release which attempted to deny the serious points of concern raised by an independent safety study commissioned by the ITF.
Read moreChina COSCO Shipping has won the draw for the first transit through the Expanded Panama Canal during the waterway's inauguration on Sunday, June 26. The shipping line's container vessel Andronikos will be making the inaugural transit. The vessel, which has a maximum capacity of 9,400 TEUs, is 8.25 meters in beam and 299.98 meters in length.
Read moreThe Panama Canal has been acquiring new tugboats to strengthen its fleet. The tugboat fleet the Panama Canal is ready to handle the operational demand of the current Canal as well as transits through the new lane.
Read moreThe Panama Canal will hold a draw on Friday, April 29, to select the first vessel which will transit through the Expanded Canal when it is inaugurated on Sunday, June 26. The Panama Canal invited its top 15 customers to participate in the draw for the inaugural transit. Of the invited customers, those interested in participating were required to indicate the Neopanamax vessel's name, type and dimensions that it plans to deploy on the inauguration day of the Expanded Canal. The Executive Vice Presidency for Operations will verify that each vessel complies with the Panama Canal's requirements.
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