News
A new system to reserve Panama Canal slots ahead of time has added $77m in incremental revenue, a key executive said in ...
The sale of two ports near the Panama Canal to a global consortium led by Mediterranean Shipping Company (MSC) threatens the canal's principle of neutrality, the canal's head Ricaurte Vasquez told ...
Panamanian President José Raúl Mulino urged member nations at the Mercosur Summit in Buenos Aires, to back the Río Indio ...
Depending on the size, weight, and type of vessel, ship owners often pay anywhere between $15,000 and $300,000 in basic fees ...
Analyst says comment by head of canal authority that Panama may potentially take control of ports is noteworthy.
"If there is a significant level of concentration on terminal operators belonging to an integrated or one single shipping company, it will be at the expense of Panama's competitiveness in the market ...
Ricaurte Vásquez, Panama Canal Authority administrator, said the concentration of ownership could disadvantage some shipping companies and upset the canal’s principle of neutrality between nations.
The Panama Canal was an engineering marvel in the early 20 th century, and it remains vital to world trade and the supply chain today, especially for the United States.
Leadership Takeaway The Panama Canal isn’t just a maritime asset; it’s a strategic constant in an increasingly variable supply chain environment.
ISTANBUL China on Wednesday voiced support for Panama’s sovereignty following concerns that a planned port sale of 43 ports to a single consortium could undermine the neutrality of the Panama Canal.
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