Panama Canal

The Panama Canal won’t impose drought-spurred restrictions on the largest vessel transits after all.

Mideast tensions and operating issues are keeping container rates elevated on the trans-Pacific.

A South Korean gas shipper sets a new auction record – but the total bill will be even higher.

The Panama Canal Authority is signaling that falling water supplies will likely constrain cargo reliability, costs, and routing for U.S. East and Gulf Coast ports.

U.S. East Coast ports could feel the effects of drought complicating shipping from Panama to Europe.

While Panama chased a Chinese terminal operator out of its ports, U.S. companies face long odds in bidding for those port concessions, a source says. 

U.S. Secretary of State Marco Rubio accused China of ‘bullying’ by detaining dozens of Panama-flagged ships at its ports. 

The Federal Maritime Commission said it is closely monitoring retaliation by China against Panama-flagged ships that could compromise the U.S. supply chain.

Panama on Monday reportedly took over operations of container terminals at the Panama Canal, ending decades-long control by China. 

A Hong Kong port terminal operator has threatened legal action after its Panama port contracts were cancelled.

The Chinese company operating ports at the Panama Canal has filed for arbitration after a high court voided its contracts.  

The Hong Kong company that operates ports at the Panama Canal will have to relinquish control after a court ruling.

China is pushing for state-owned ship operator Cosco to acquire a controlling stake in a $22.8 billion deal for global ports that include two Panama Canal hubs.

As climate volatility intensifies, Panama Canal Administrator Ricaurte Vásquez says a new reservoir and diversified cargo infrastructure are essential to protect the canal’s future.

The government of Panama is going to court to challenge Chinese operating contracts for two ports adjacent to the Panama Canal, potentially setting up a bid by a U.S. conglomerate. 

China could block the sale of CK Hutchison’s global port facilities if it doesn’t get a stake in the deal involving a U.S. private equity firm and Mediterranean Shipping Company.  

Officials in Panama say Hong Kong-based CK Hutchison Holdings’ contract to run two ports at the Panama Canal has cost the nation $1.3 billion. U.S. investment firm BlackRock is spearheading a possible purchase of the ports’ operations.

CALGARY, Alberta — Canadian Pacific Kansas City (NYSE: CP) and the Lanco Group/Mi-Jack have sold the Panama Canal Railway to APM Terminals, a global terminal operator and an independent division of A.P. Moller-Maersk (XCSE: MAERSKa). The 47.6-mile railway provides ocean-to-ocean freight and passenger services along the Panama Canal and has been a 50/50 joint venture […]

BlackRock Chairman Larry Fink says container shipping infrastructure is as critical to the future global economy as data centers and power grids.

Regulators in China will review the sale of port operations linked to the Panama Canal to a consortium led by a U.S. investor.