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Panama Canal drought could boost New Year rates

Drought in Panama and war around the Red Sea and Suez is a slow-burning but developing crisis for the container shipping industry as both...

Panama Canal to increase daily transits

The Panama Canal will increase the number of daily transits to 24, starting in January, from the current 22 vessels, which are divided into...

Panamax container ships now in bigger version

Another version of Panamax container ships emerged seven years after the Panama Canal was expanded, according to Alphaliner. After a string of newbuilding orders for...

Boxships now hit by Panama Canal crossing restrictions

Container ships are now being held up in the Panama Canal as the number of transit slots for such vessels will be reduced from...

Panama Canal limits fail to halt rate slide as box lines up capacity

The Panama Canal transit restrictions have not stopped carriers from adding 20% of incremental capacity on the Asia-US East Coast route since the end...

Panama Canal water levels tend to remain low for months

The Panama Canal is experiencing major, ongoing disruptions in the shipping supply chain due to restrictions on traffic related to very low water levels....

Panama Canal maintains competitive draft levels for the next months

The Panama Canal announced it will maintain a draft of 13.41 metres for the next several months, "as long as weather conditions do not...

Maersk revises Panama Canal Charge

Maersk has announced the revision of the Panama Canal Charge (PCC) for cargo transiting through the Panama Canal effective from 3 August 2023. The Danish...

Much-needed rain postpones depth restrictions on Panama Canal

The Panama Canal will postpone depth restrictions that were going to affect larger ships crossing the main waterway after a rainfall, according to Reuters. In...

Dry season threatens Panama Canal

The Panama Canal will implement water conservation measures during the rainy months to help recover water in all the surrounding lakes. The Canal is closely...
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CMA CGM applies peak season surcharge from Central America & Caribbean to Europe & Med

Marseille-based container carrier CMA CGM has notified its customers of the following Peak Season Surcharge (PSS). Effective from 7 December 2024 (loading date) until further...

Maersk vessel resumes voyage from Spain after fire incident

One of Maersk Line’s operated ships has resumed its voyage after catching fire on 9 November. The 2012-built 4,662 TEU Rhine Maersk, deployed to the...

ILA pulls out of contract talks over automation disputes

The International Longshoremen’s Association (ILA), the union representing dockers on the US East Coast, has pulled out of contract negotiations with employers citing bad...

New funding boosts Pier Wind project at Port of Long Beach

On 11 November, the Long Beach Board of Harbor Commissioners reinforced its commitment to California’s renewable energy goals by advancing Pier Wind, a proposed...