The Panama Canal has closed the 2019 fiscal year (FY19) with a record tonnage of 469 million Panama Canal tons (PC/UMS), a 6.2 percent increase compared to FY2018. With this… Read More
Panama Canal
In late April, the Panama Canal welcomed its 6,000th Neopanamax vessel through its expanded canal, local canal authority, ACP said. The milestone was reached after the LNG vessel Energy Liberty… Read More
On April 8, the Port Commission of the Port of Houston Authority met in a special session to accelerate the widening of the Houston Ship Channel. The port authority is… Read More
The Evergreen Triton became the largest vessel—both in terms of dimensions and container capacity—to pass through the Panama Canal on May 15. The ship, which has an allowance of 15,313… Read More
The Panama Canal Board of Directors announced February 15 the appointment of Ricaurte Vasquez as the next Panama Canal administrator. Vasquez will take office on September 4, succeeding Jorge L. Read More
The Panama Canal Board of Directors and Administration met for three days in November with the advisory board in Rotterdam, The Netherlands, to address the waterway’s performance and discuss opportunities… Read More
The Panama Canal closed its 2018 fiscal year (October 1, 2017 to September 30, 2018) with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), which represents a 9.5… Read More
Credit rating agency Fitch Ratings has affirmed Panama Canal Authority’s (ACP) “A” investment grade rating with a stable outlook for its long-term issuer default rating and its senior unsecured notes,… Read More
The Panama Canal reached a new milestone with the transit of four liquefied natural gas (LNG) ships with beams of up to 160 feet in a single day through the… Read More
Credit rating agency Standard & Poor’s has affirmed the A– long-term corporate credit and senior unsecured debt ratings of Panama’s Canal Authority, ACP, while labeling its outlook as “positive,” it… Read More
