The historic drought is further constricting the flow of global trade along Panama Canal

 

The Panama Canal, the artery through which approximately 5% of global maritime trade flows, is preparing for a further reduction in vessel traffic that could deepen the crisis in the logistics sector.

Panama Canal cuts ship numbers further

The Panama Canal will make more cuts to the number of ships using the waterway due to the worst drought in over 70 years, authorities say.

Demolition, disease, and death: Building the Panama Canal

 

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Discover what it took to build the Panama Canal, and how this colossal construction project changed the region. 

Brief History of Panama Canal Construction

 

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 Brief History of Panama Canal Construction from 1876 - 1914

Panama Canal Animation - How Panama Canal Works

 

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Panama canal expansion officially opens Sunday

The Panama Canal looks to shore up its "relevancy" on June 26, with the official opening of a new set of locks that will allow super-sized cargo ships to use the passageway between the Atlantic and Pacific oceans.

The Panama Canal Authority welcomes the first super-sized ship through the $5.4 billion deeper, wider set of locks on Sunday, which are expected to double the cargo capacity of the canal of the 100-year-old manmade shipping route.

The nine-year project to expand the canal is expected to shift and improve trade both to the United States and around the world, because larger ships will now be able to more easily travel between the Atlantic and Pacific, and was considered essential to keeping the canal relevant, representatives of the authority said...
  [upi.com]
25/6/16
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Related:

•  Panama Canal expansion set for 2016 finish

• Panama Canal Turns 100 Amid Growing Pains, Competition  

• Deal reached resolving Panama Canal row 

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• Ξαφνικό «στοπ» στην επέκταση της Διώρυγας του Παναμά. -Λόγω διαφωνιών με την κοινοπραξία που έχει αναλάβει το έργο 

•  El Canal de Panamá y Sacyr acercan posturas para retomar las obras...

• Los responsables del Canal denuncian que Sacyr ya ha paralizado las obras....

• Talks break down in Panama Canal contract dispute...

• Un nouveau canal pourrait bientôt concurrencer celui de Panama

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• Spanish minister in Panama to end US$1.6b canal row

• Panama: conflit sur un surcoût des travaux d'agrandissement du canal.... 
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• Sacyr rechaza la oferta de Panamá y pide 159 millones más.....

• Un nouveau canal pourrait bientôt concurrencer celui de Panama

  

Panama Canal expansion set for 2016 finish

Builders working on an expansion of the Panama Canal said Tuesday they planned to have the refit completed by April 2016 despite the discovery of water leakage from fissures in one of the locks.

Panama Canal cancels Niño-related restriction

The Panama Canal Authority (ACP) announced Friday it had canceled plans to restrict the passage of ships above a certain size through the canal.

Panama Canal to limit ship size due to drought

The Panama Canal Authority says it will temporarily cut the size of ships allowed through because of drought caused by El Nino.