Panama Canal Updates
Panama opens canal extension amid growth risks, cost battle
REUTERS
Panama opened the long-delayed $5.4 billion expansion of its shipping canal amid cheering crowds on Sunday, despite looming economic uncertainty in the shipping industry and a heated battle over billions in cost overruns. READ MORE
Bigger ships: Panama celebrates opening its expanded canal
USA TODAY
PANAMA CITY — A 984-foot Chinese container ship cleared the new massive locks of the Panama Canal on Sunday, becoming the first to officially pass through the expanded canal and sparking a new dawn for Panama and global shipping. READ MORE
Panama Canal Opens $5B Locks, Bullish Despite Shipping Woes
ASSOCIATED PRESS
PANAMA CITY (AP) -- Fireworks exploded as a huge container ship made the inaugural passage through the newly expanded Panama Canal on Sunday, formally launching the Central American nation's multibillion-dollar bet on ... READ MORE
Will the expanded Panama Canal hurt Los Angeles, Long Beach ports?
LOS ANGELES DAILY NEWS
A $5.25 billion expansion of the Panama Canal opening this weekend will reverberate 3,000 miles away at the massive Los Angeles and Long Beach ports complex, which for decades has been the best, fastest and cheapest route ... READ MORE
Panama’s Big Bet, Part 1: Canal expansion details
COMMERCIAL CARRIER JOURNAL
When the Cosco Shipping Panama vessel made its way through the Agua Clara locks Sunday morning on the inaugural transit of a Neopanamax vessel through the newly expanded Panama Canal, it could usher in a new era of international ... READ MORE
Expanded Panama Canal Opens
MATERIAL HANDLING AND LOGISTICS
Early on June 26, the inaugural transit of the Panama Canal Expansion began with the transit of Neopanamax vessel COSCO Shipping Panama through the new Atlantic-facing Agua Clara Locks. Originally named Andronikos, the vessel ... READ MORE
Inaugural Transit of the Expanded Panama Canal Begins
AMERICAN JOURNAL OF TRANSPORTATION
Panama City, Panama - Early Sunday morning, the inaugural transit of the Panama Canal Expansion began with the transit of Neopanamax vessel COSCO Shipping Panama through the new Atlantic-facing Agua Clara Locks. READ MORE
Major ports get big-ship ready
GLOBAL TRADE MAGAZINE
Call it a race to the finish. After nearly a decade of construction, the widened Panama Canal is slated to open this June—an action that has spurred ports around the globe to take measures to prepare for the world’s biggest ships. READ MORE
Panama’s Big Bet, Part 2: Can Panama’s economic growth continue?
COMMERCIAL CARRIER JOURNAL
As the official countdown enters the final hour before a Neopanamax ship navigates the waters of the 80-km Panama Canal for the first time, the excitement in this country has reached a fevered pitch. The Panama Canal Authority ... READ MORE
Panama Canal Expansion opens, promises to be a game changer for international logistics
AMERICAN JOURNAL OF TRANSPORTATION
Corpus Christi, TX, USA – The Inauguration of the expanded Panama Canal is expected to usher in a new era of global trade. The expansion project has already received 170 reservations for vessels to traverse the new set of locks ... READ MORE
Panama’s Big Bet, Part 3: A game changer for U.S. trucking?
COMMERCIAL CARRIER JOURNAL
When the U.S. Army Corp of Engineers completed construction of the Panama Canal in 1914, it ushered in a new age of world trade. The canal connected the Pacific and Atlantic oceans with a 50-mile channel, shortening the shipping ... READ MORE
