Tag: Panama Canal

The Panama Canal has set a new record with 963,000 visitors during its centennial year

The first gate for the new locks in the Pacific side began transit through the Panama Canal

The progress of one of the most important engineering feats of the century, the Panama Canal Expansion

The Panama Canal registered an increase in tonnage to 326.8 million Panama Canal tons during fiscal year 2014

The Panama Canal received Cerro Ancon, the last of the 14 tractor tugs of its new fleet

ACP received a delegation from Port Everglades led by Broward County Mayor Barbara Sharief and Deputy Port Director Glenn Wiltshire

Panama Canal receives third shipment of gates for expansion

The Panama Canal cruise ship season has officially begun with the transit of the Coral Princess, in a repositioning voyage

Panama Canal Expansion Update - September 2014: The new locks will have three chambers, water-saving basins, lateral filling and emptying system & rolling gates.

According to analysis by the US Energy Information Administration Ships carrying crude oil and petroleum products are limited by size restrictions imposed by several of the main thoroughfares of maritime navigation: the Panama Canal, the Suez Canal, and the Strait of Malacca. These size restrictions provide another way to classify the large tankers that carry most of global crude oil and petroleum product trade.The Panama Canal, an important route connecting the Pacific Ocean to the Caribbean Sea and the Atlantic Ocean, currently has a limited role in global crude and petroleum product transport. The canal's current size restrictions means smaller vessels, with capacities of approximately 400,000-550,000 barrels of light sweet crude oil, are the only ships that can safely pass through the canal. These ships are referred to as Panamax tankers, and their smaller cargos lead to a higher per-barrel cost.However, the Panama Canal is undergoing an expansion that will allow for the passage of larger vessels with capacities of approximately 400,000-680,000 barrels of crude oil. These larger tankers have the potential to increase crude and petroleum product transport through the canal. Larger vessels or vessels that are slightly over the draft limit can use the Trans Panama Pipeline, which ...