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The U.S. Supreme Court made a decisive move on Monday, opting not to review an Eleventh Circuit ruling that upheld $285 million in arbitral awards granted to the Panama Canal's operator. The case, revolving around questions of evident partiality in arbitration, continues to captivate legal circles and the construction industry alike. Upholding Panama's Authority The
Feb 13, 2024 - The Panama Canal will maintain, at least until April, restrictions on the passage of ships through its locks, an operation governed by the weather, the amou
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Recently, the 10,000th vessel crossed the Panama Canal since the inauguration of its expanded locks in June 2016, which is a landmark in the Canalâs 106-year history. What is the Canalâs contribution to the growth of Panama and the whole region? The Panama Canal is a key component of world trade. It provides a shorter route that reduces distances, time, and costs, connects more than 140 maritime routes, 1,700 ports, and 160 countries, and offers a green route by reducing emissions. In the past 106 years, the Panama Canal has reduced more than 800 million tons of CO2. For our coun...