The Panama Canal announced the closing of its 2019 fiscal year with a record tonnage of 469 million Panama Canal tons, a 6.2% increase compared to FY2018. This exceeds the 450.7 million tons projection for 2019, as well as the record tonnage of 442 million tons registered in the previous fiscal year.
Panama Canal announced that open loop scrubbers are banned from the area under the condition that the vessels are equipped with a type approved closed-loop exhaust gas cleaning system. The Panama Canal has been added to the list of ports and regions that ban the use of open loop scrubbers.
The Panama Canal announced its first transit for the 2019-2020 cruise season, marked by the Princess Cruises’ Island Princess, highlighting what the Authority expects to see a ‘busy cruise season’. The Island Princess departed from Vancouver, Canada and is heading to Fort Lauderdale, Florida, in a 21-day voyage.
Honoring the World Maritime Day, themed ‘Empowering Women in the Maritime Community’, the Panama Canal presents some of its most important members of its team, who hold key positions, from overseeing operations on the ground to representing the Canal abroad.
A Carnival Cruise Line vessel was damaged on September 20 while travelling through the Panama Canal. The owner company stated that Carnival Fantasy, which was built in 1990, came in contact with one of the locks while the water levels were being lowered. It was also announced that no one was injured during the incident.
MPA Singapore and Panama Maritime Authority inked a MoU to strengthen maritime relations on 19 September. The agreement is expected, among others, to facilitate vessels registered with either Panama or Singapore calling at each other’s ports with faster checks and clearances.
The Panama Canal signed a Memorandum of Understanding (MoU) with the Port of Rotterdam on promoting international trade between EU and the West Coast of South Africa. Both parties will be able to exchange expertise and knowledge on their technological capabilities, aiming at implementing digital tools and applications to enhance transport efficiency and cost reduction.
Panama’s Cabinet Council officially approved the modification of the toll structure of the Panama Canal, following the recommendation of the Board of Directors. The new structure seeks to improve the Canal’s ability to provide a competitive and reliable service for the global maritime transport.
Panama Canal appointed Dr. Ricaurte Vásquez Morales as the new administrator of the Panama Canal for a seven-year term at the helm of the waterway, shortly before the Canal celebrates its 20th year under Panamanian administration on 31st December 2019.
Starting from 1st August and until 30 November 2019, the Panama Canal will implement speed limits aimed at protecting cetaceans, including whales, dolphins and other large aquatic mammals, during their nearby seasonal migration. As such, ships should proceed at a speed of not more than 10 knots in specified areas.
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