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A new system to reserve Panama Canal slots ahead of time has added $77m in incremental revenue, a key executive said in ...
Panama has eliminated a cruise tourism incentive in which homeporting ships could have their transit tolls refunded.
Similarly, Mulino declared Panama’s control of the canal “non-negotiable.” Of Note: The king of Denmark has changed the royal coat of arms for the first time in more than 500 years to more ...
“The Panama Canal is our oil, and this is as if you’re threatening to take oil from Saudi Arabia, to take away the oil wells,” said Diaz-Espino. “This would be devastating to the country.
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Liberian flagged Hallasan Explorer LPG tanker navigates at the Panama Canal, in Panama on January 20, 2025. Panama on January 20, 2025, rejected President Donald Trump's pledge that the United ...
Depending on the size, weight, and type of vessel, ship owners often pay anywhere between $15,000 and $300,000 in basic fees ...
The riots led to the renegotiation of the Panama Canal treaties. In 1977, U.S. President Jimmy Carter and the Panamanian leader Omar Efraín Torrijos signed the Torrijos-Carter Treaties.
The Panama Canal has become a major – and unexpected – focal point of President Donald Trump’s second administration. He has repeatedly stated his intention to reclaim control over the ...
Under normal circumstances, the Panama Canal handles about 3% of global maritime trade volumes and 46% of containers moving from Northeast Asia to the U.S. East Coast.
Panama Canal shipping fees were not a big issue until Mr. Trump raised the matter last year. As well as highlighting the costs of using the canal, American politicians have security concerns.