Panama Canal Orders 14 New Tugs
The Panama Canal Authority has ordered 14 new tugs in anticipation of increased traffic and larger vessels expected with the 2014 completion of the Third Set of Locks expansion project. The $158.3...
View ArticleRipples Likely From Panama Canal Expansion [LOGISTICS OUTLOOK]
Construction takes place on the Expansion Program. Photo: Panama Canal Port Authority By John Bussey, The Wall Street Journal Did Warren Buffett buy Burlington Northern railroad just in time for...
View ArticleStickin’ it to the Shippers, Panama Canal Approves Toll Increase
Image: Panama Canal Authority PANAMA CITY, Panama – Following the recommendation from the Board of Directors of the Panama Canal Authority (ACP), the Cabinet Council of the Government of the Republic...
View ArticleMiami’s ‘Deep Dredge’ Going Up For Bid
Image via Wikicommons The Port of Miami on Friday announced that it has struck a deal with the U.S. Army Corps. of Engineers that allows for a massive dredging project to go to bid in anticipation of...
View ArticleMaritime Monday for August 27th, 2012: Happy Birthday Panama Canal
Mermaid 1- 8×10 – Gouache on paper – bearhatstudio Cigarette Cards: Torpedo Gunners Mate — Sick Berth Attendant see also: Captain 1805 -RN Officer During The Great War Marine During the Reign of Queen...
View ArticleFor Nearly 2 Years Shipmaster Remains Locked In Panamanian Prison
Captain Lyubomirov Sobadzhiev’s former ship the M/V MAAS TRADER In February 2012, gCaptain reported that in March 2011 Bulgarian shipmaster Captain Svetlozar Lyubomirov Sobadzhiev was arrested in...
View ArticlePanama Canal Authority Wants a Piece of the “Pie”, Plans to Change Fee Structure
Dredging International, the Belgian company that was awarded the Pacific dredging project, on April 1st, 2008,conducts dredging activities in the area. Port activity, vital to the nation’s economy,...
View ArticlePanama Canal Expansion Will Likely Be Central to US LNG Export Trade
Gatun Locks – This is the first set of locks situated on the Atlantic entrance of the Panama Canal. Ships are raised a total of 87 feet above sea. Image (c) Shutterstock/meunierd (Bloomberg) — Six...
View ArticleMaersk Line Ships Will No Longer Transit Panama Canal
Maersk Line “M”-type ship transiting the Panama Canal. Image (c) Maersk Line (Bloomberg) — Maersk Line, the world’s biggest container shipping company, will stop plying through the Panama Canal to...
View ArticleDredge Contract Awarded for Miami Port Deepening
PortMiami file photo. By Zachary Fagenson MIAMI, May 16 (Reuters) – The United States Army Corps of Engineers awarded a $180 million contract to dredge Miami’s harbor to an Illinois-based company on...
View ArticleChinese Firm Plans to Build $40 Billion Nicaraguan Canal
News sources around the world are reporting the Chinese company, HK Nicaragua Canal Development Investment Co. Ltd., is fast-tracking plans with the Nicaraguan government to build another canal to...
View ArticleNicaragua Government OK’s $40 Billion Canal Project
Ships transit the Panama Canal. Photo (c) Canal de Panamá. By Ivan Castro MANAGUA, June 13 (Reuters) – Nicaraguan lawmakers granted a 50-year concession to a Chinese company on Thursday for it to...
View ArticleNorth Korean Ship Detained in Panama Canal for Shipping Undeclared Weapons of...
North Korean container ship ”Chong Chon Gang” docks at the Manzanillo International Container Terminal in Colon City July 16, 2013. REUTERS/Carlos Jasso By Lomi Kriel PANAMA CITY, July 16 (Reuters) –...
View ArticleUN Committee To Probe North Korean Arms Ship Seized By Panama
Panama forensic workers work in a container holding a green missile-shaped object seized from the North Korean flagged ship “Chong Chon Gang” at the Manzanillo Container Terminal in Colon City July...
View ArticlePutrid North Korean Ship is Now Becoming a Giant Beehive
North Korean container ship ”Chong Chon Gang” docked at the Manzanillo International Container Terminal in Colon City July 16, 2013. REUTERS/Carlos Jasso On July 15, the North Korea-bound cargo ship...
View ArticleWATCH: First of Panama Canal’s Giant New Gates Arrive in Panama
Click here to view the embedded video. The first four gates for the Panama Canal’s new, larger locks have arrived in Colon, Panama in what is being called a major milestone in the expansion of the...
View ArticleU.S. Gas Via Panama Frightens LNG Exporters Worldwide
Teekay’s new “Panamax” 173,400 cubic meter liquefied natural gas carrier, Image via Teekay Facebook By Andrew Callus and Oleg Vukmanovic LONDON, Sept 5 (Reuters) – The United States is set to grab the...
View ArticleNorth Korean Shipowner Fined By Panama Canal Authority
North Korean container ship ”Chong Chon Gang” is seen at the Manzanillo International container terminal dock in Colon City July 16, 2013. (c) REUTERS/Carlos Jasso PANAMA CITY, Sept 26 (Reuters) –...
View ArticleExpanded Canal Could Mark the Beginning of the End for the Booming LPG Sector
The 82k cbm Manifesto, one of 11 fully-refrigerated VLGCs owned by Petredec. Built by HHI in 2013. Image: Petredec Sept. 30 (Bloomberg) — The widened Panama Canal will cut costs to ship U.S. cooking...
View ArticlePanama Canal’s LNG Surprise to Redefine Trade in Fuel
The first four new gates for the Panama Canal’s third set of locks are seen on top of a cargo ship during their arrival to Colon in Colon City August 20, 2013 . REUTERS/ Carlos Jasso By Isaac Arnsdorf...
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