This video demonstrates how the Panama Canal works. The canal is considered crucial for the shipping industry, as it links the Americas with the EU and Asia, reducing transhipment times between them. The expanded Canal has also confirmed the role of the interoceanic highway as the Green Route of the world maritime trade by providing more capacity and lower cargo movements.
On June 26, 2016, the expanded Canal accommodated its first transit marking the culmination of the largest project on the interoceanic highway since its opening in 1914. After 10 years of planning, the expanded Canal is considered crucial for the global maritime trade.
As AP reports, Japan surpassed China and is becoming the second-biggest user of the Panama Canal, in light of a trade war between Beijing and Washington. The US remains the leader in using the canal. China’s third place is due to the fact that there’s a decrease in shipments of natural and liquid petroleum gas as the Asian giant is buying less of them from the United States.
The Panama Canal reported the closing of the 2018-2019 cruise season. The closing was marked with the transit of the Panamax cruise ship Pacific Princess, with a capacity of 670 passengers, which took place on May 22. From October 1, 2018 to September 30, 2019, the Panama Canal will register 242 transits of passenger ships with over 260,000 passengers.
The Panama Canal will postpone its latest and sixth draught reduction to 12 June after rainfall last week. However, despite the fact that this rainfall prevent another draught reduction, more rains will be necessary if it is not to apply on 12 June. The Panama Canal Authority informed that it will continue to monitor the level of Gatun Lake and will announce future draught adjustments.
The Panama Canal Authority (ACP) announced improvements to its Green Connection Environmental Recognition Program, which sees vessels that comply with the highest environmental performance standards; The Panama Canal reduces fuel consumption and emissions depending on the travelling distance and the capacity offered.
On 7-10 May, staff with the US Coast Guard’s Liquefied Gas Carrier National Center of Expertise (LGC NCOE) delivered training on all aspects of LNG to representatives from the Panama Canal Authority and Panama Maritime Authority, and first responders.
The Panama Canal announced that it completed a transit trial of the container ship Tritón, of the Evergreen shipping company, the largest and largest container vessel to make the lock for the Canal expanded since its opening in June 2016.
The Panama Canal informed that on May 12 it welcomed Qatargas’ Al Safliya, the first Q-Flex and the largest liquefied natural gas (LNG) tanker to ever transit the waterway. The tanker features 315 meters in length and 50 meters in beam, having an overall cargo capacity of 210,000 meters3 of LNG. The milestone transit also highlighted the Canal’s environmental benefits because of its ability to help vessels reduce the distance and duration of their trips.
The Panama Canal Authority announced on Friday, May 3, its sixth reduction in draft for 2019, to a maximum 43 feet for the Neopanamax locks on Gatun Lake, in light of the continuous decrease of the water levels. The reduction will come into effect from May 28. The Canal always informs customers for adjustments at least four weeks in advance, to allow time for proper planning.
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