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 ...

The canal's revenue from the interoceanic route increased by 1%, with an estimated growth of PAB 1.8 billion over five years ...

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 ...

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 ― 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 ...

The Panama Canal presented its financial results for FY24 with total revenues of 4.99 billion PAB (209 million PAB above budget and 18 million PAB more than FY23). This highlights efficient financial ...

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 ...

If you sat down to design a modern city of a million people, you wouldn’t start by putting a giant rail yard in the centre, ...

The refreshed voyage will now provide guests an opportunity to explore in East and Southeast Asia, Central America, destinations in the U.S. and a transit of the Panama Canal. The new itinerary ...

Bristol subsea design firm DEEP, which is developing what it calls the next generation of ‘underwater human habitats’, has saved a pioneering ocean-going research vessel from being scrapped in a ...

Dorian, a leading owner and operator of modern very large gas carriers, reported its financial results for the three months ...