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September 6, 2023
The Panama Canal's water levels have not recovered enough as the end of the rainy season approaches and limits on daily transit and vessel draft will stay in place for the rest of the year and throughout 2024, the waterway's authority said on Tuesday. The restrictions, implemented earlier this year to conserve water amid prolonged drought, triggered a backlog of ships waiting to pass the key global waterway, which handles an estimated 5% of world trade, contributing to more expensive ...
July 26, 2023
The Panama Canal will extend restrictions on ships' maximum depth, it said on Tuesday, and it has limited average crossings at one of the world's busiest trade passages to just 32 ships a day as a prolonged drought continues. The Panama Canal Authority (ACP) will maintain a depth limit of 44 feet, or 13.41 meters, for neo-Panamax container ships. In June, the authority put off further restrictions that would have brought depth limits up half a foot, meaning ships would have needed to...
June 26, 2023
PANAMA CITY (Reuters) - The Panama Canal will postpone depth restrictions that were set to affect the largest ships crossing the key waterway, the canal authority said, after much-needed rain provided relief to the strained maritime passage.
June 25, 2023
PANAMA CITY (Reuters) – The Panama Canal will postpone depth restrictions that were set to affect the largest ships crossing the key waterway, the canal authority said, after much-needed rain provided relief to the strained...
June 24, 2023
PANAMA CITY (Reuters) - The Panama Canal will postpone depth restrictions that were set to affect the largest ships crossing the key waterway, the canal authority said, after much-needed rain provided relief to the strained maritime passage.
June 22, 2023
The Panama Canal will expand restrictions on the largest ships crossing the waterway, one of the world's busiest trade passages, the canal authority's administrator said on Wednesday, citing shallower waters due to drought. The measure follows a series of depth restrictions in the 50-mile (80 km) canal since the beginning of the year due to a drought, which authorities had hoped would ease by the start of the Central American country's rainy season. The new restrictions, which w...
June 22, 2023
By Elida Moreno PANAMA CITY, June 21 (Reuters) – The Panama Canal will expand restrictions on the largest ships crossing the waterway, one of the world’s busiest trade passages, the canal authority’s...
May 31, 2023
The number of child migrants crossing a dangerous stretch of jungle dividing Colombia and Panama has rapidly increased during the first four months of this year, the United Nations Children's Fund (UNICEF) said on Tuesday.
November 9, 2022
PANAMA CITY (Reuters) - A Panama judge on Tuesday called two former presidents, as well as a slate of other high-profile figures, to trial over money-laundering related to the Odebrecht bribery probe, a sweeping corruption investigation that has rippled across Latin America.