Panama Canal secures funding for new lake to boost water supply
The Panama Canal Board of Directors has approved funding for the Rio Indio Lake Project, a key initiative within the Indio River Watershed aimed at enhancing water security for Panama and ensuring the long-term operational stability of the Panama Canal.
Panama’s Bunkering Sector Shows Signs of Recovery After Drought-Driven Canal Restrictions
Panama’s bunkering sector is beginning to recover after the severe drought conditions of 2023 and 2024 disrupted Panama Canal transits and weighed heavily on marine fuel demand. According to the report, the restrictions reduced vessel traffic through the waterway and directly affected bunker sales on both the Pacific and Atlantic sides of the Canal. Bunker […]
Bank of America Report Highlights the Panama Canal’s Autonomy, Efficiency, and Financial Strength
A recent report by Bank of America Global Research has underscored the Panama Canal’s operational independence, efficiency, and financial resilience, describing the waterway as a strategically vital asset in global trade. The independent report, titled “Strong, Efficient and Profitable: Who Wouldn’t Want to Own the Panama Canal?”, also reviewed some of the key challenges the […]
The Panama Canal Authority has rejected claims that U.S. government vessels will be allowed to transit the waterway free of charge, clarifying that no changes have been made to the Canal’s tolls or fee structure. The statement came after U.S. officials suggested online that American government ships could now pass through the Canal without paying […]
Panama dismisses Trump’s pledge to reclaim The Panama Canal
Following Trump’s remarks, Panamanian President José Raúl Mulino issued a strong response, firmly rejecting the claims. “I fully reject President Trump’s statements regarding Panama and its canal during his inaugural address. The canal is, and will remain, under Panamanian control, governed by the principles of permanent neutrality.
Panamanian-flagged tanker Rescues 73 in dramatic operation
The Panamanian-flagged tanker Nestos (IMO 9417464) played a pivotal role in a search and rescue mission, coordinated with the Greek Coast Guard, to save a distressed vessel.
Panama Responds to Trump: The Canal belongs to us
On Thursday, hundreds of Panamanians marched to commemorate the anniversary of a deadly 1964 uprising against U.S. control of the Panama Canal. As tensions with President-elect Donald Trump rise over his recent threats to reclaim the waterway, some demonstrators burned an effigy of him during the protest.
Panama Canal marks 25 years under panamanian administration
On the 25th anniversary of the Panama Canal’s transfer to Panamanian control, a solemn ceremony took place on the steps of the iconic Administration Building, marking a day filled with symbolism and pride.
Why the Panama Canal holds strategic importance for Trump
he Panama Canal, a remarkable feat of engineering and a vital global trade route, has once again taken center stage in geopolitical discussions.
Panama takes the lead in global dialogues on seafarer welfare
The meeting, hosted at the ILO headquarters in Geneva, Switzerland, centered on the adoption of international guidelines aimed at ensuring the fair treatment of seafarers detained or accused of criminal offenses.
