Panama Canal officials have said it will take one month to repair leaks discovered in locks for the Pacific side, but warned El Nino is a bigger threat to the canal’s operations.

The Panama Canal Authority expects to find out next month whether repair and reinforcement of concrete gate sills can be completed in time to avoid delaying the scheduled April opening of the canal’s historic expansion.

Dec 6, 2024 · Trans-Pacific carriers determined to win higher contract rates this year: sources. Liners believe they left money on the table in 2024–25 service contracts, sources tell the Journal of Commerce, and are putting up opening quotes about 25% higher than a year ago in their initial talks with customers.

Oct 1, 2015 · Repairs to the Panama Canal's new locks will be more extensive than previously indicated, and the date for their completion is uncertain. Maritime Container Shipping News Breakbulk News Port News

This, in turn, has led to the cascading of larger vessels into the north-south trades. This has been facilitated by the opening of the expanded Panama Canal and has led to many of the previous Panamax vessels being scrapped earlier than expected, with vessels as young as 8 years old being sent to the breakers.

Dec 17, 2024 · Both CMA CGM and MSC will add a surcharge to trans-Pacific cargo transiting the canal beginning Jan. 1, pointing to higher operating costs thanks to a new system of reserving transits through the waterway.

Aug 19, 2024 · Trans-Pacific carriers determined to win higher contract rates this year: sources. Liners believe they left money on the table in 2024–25 service contracts, sources tell the Journal of Commerce, and are putting up opening quotes about 25% higher than a year ago in their initial talks with customers.

Oct 18, 2024 · Trans-Pacific carriers determined to win higher contract rates this year: sources. Liners believe they left money on the table in 2024–25 service contracts, sources tell the Journal of Commerce, and are putting up opening quotes about 25% higher than a year ago in their initial talks with customers.

Sep 21, 2023 · Trans-Pacific carriers determined to win higher contract rates this year: sources. Liners believe they left money on the table in 2024–25 service contracts, sources tell the Journal of Commerce, and are putting up opening quotes about 25% higher than a year ago in their initial talks with customers.

Jan 15, 2008 · Trans-Pacific carriers determined to win higher contract rates this year: sources. Liners believe they left money on the table in 2024–25 service contracts, sources tell the Journal of Commerce, and are putting up opening quotes about 25% higher than a year ago in their initial talks with customers.