The flow has plunged to a level not seen since the canal opened to LNG carriers in 2016, and analysts doubt that will change ...
A US LNG switch to Europe in the aftermath of Russia's invasion of Ukraine, combined with long waiting times and expensive fees to transit through Panama due to severe drought, have kept many LNG ship ...
The Indio runs roughly parallel to the canal, through the isthmus. The new reservoir on the Indio would sit southwest of Lake ...
The Panama Canal Authority (ACP) reported this week a 29.3% drop in passing ships during Fiscal Year 2024 as a result of the severe drought affecting the interoceanic crossing. A total of 9,944 ...
Traffic in the Panama Canal fell by 29 percent over the past year due to a severe drought linked to climate change, the canal's operator said late Tuesday. The volume of cargo shipped through the ...
PANAMA CITY, Panama —Traffic in the Panama Canal fell by 29 percent over the past year due to a severe drought linked to climate change, the canal's operator said late Tuesday. The volume of cargo ...
PANAMA CITY - The Panama Canal earned record annual revenues of almost $5-billion, despite a reduction in ship traffic due to a drought. The waterway's income comes from the collection of transit ...
The Panama Canal generated a record income of $4.986 billion in the last fiscal year, despite a reduction in vessel transits due to a drought, the maritime route announced this Friday. The Panamanian ...
PANAMA CITY (Reuters) -The Panama Canal's profit increased about 9.5% in the fiscal year ended in September to $3.45 billion despite a severe drought that reduced the number of vessels that passed ...
When the Panama Canal was opened in 1914, it heralded a new era in global trade and constituted a feat of engineering that was mind-blowing at the time. It cost $375 million to construct from 1903 ...
PANAMA CITY ― The Panama Canal earned record annual revenues of almost $5 billion despite a reduction in ship traffic due to a drought, its operator said on Friday. The waterway's income comes from ...
Because the Panama Canal Authority charges a set fee per passage, it can be more convenient for U.S. producers to take longer routes to Asia depending on global LNG prices, delivery terms in ...