Articles
Panama Canal
Panama Canal Keeps the Faith
The Panama Canal welcomed its 5,000th Neopanamax vessel through the waterway, reaffirming the value and impact the route has had on global maritime trade. The COSCO Faith container carrier (photo above) transited the canal traveling southbound from the Atlantic to the Pacific Ocean. The vesselhas a 13,345 total TEU allowance and measures 366 meters in […]
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Panama Canal Has a 3-in-1 Day
The Panama Canal successfully transited three LNG vessels through its Neopanamax locks on April 17, 2018, marking a first for the waterway. The Clean Ocean, Gaslog Gibraltar, and Gaslog Hong Kong vessels first arrived at the Canal from the Pacific Ocean then transited north, departing on the Atlantic side. The development marks a significant milestone […]
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Welcome to the Neo-Panamax Era: Big Ships, Big Opportunities
The arrival of the cargo vessel T. Roosevelt at Port Elizabeth, New Jersey, in September 2017, marked the beginning of a new era for international commerce and trade. At 14,414 TEUs, four times longer than a football field, T. Roosevelt was the largest vessel to dock at an East Coast port after traversing the widened […]
Read MorePort Everglades to Purchase Three Super Post-Panamax Container Gantry Cranes
Port Everglades is purchasing three low-profile Super Post Panamax container-handling gantry cranes at $13.8 million each to meet demands from current customers and new services anticipated from the port’s multi-million-dollar expansion program. The Broward County Board of County Commissioners approved the $41.4 million crane purchase, with an option for the seaport to purchase an additional three […]
Read MorePort of Baltimore Planning for Bigger Ships and More Containers
Supersized container ships traveling through the newly enhanced Panama Canal have been arriving at the Helen Delich Bentley Port of Baltimore since last year and the Maryland Department of Transportation’s Maryland Port Administration (MDOT MPA) continues to make plans to handle the increased amounts of containerized cargo. Recently, the MDOT MPA purchased property at the […]
Read MoreCommentary: Will the Panama Canal Correct Problems?
Larger ships, known as Neopanamax, were expected to visit ports on the Eastern Seaboard this year, bringing shipping containers from Asia through an expanded Panama Canal. But due to insufficient operational resources within the Panama Canal, far fewer ships than expected have made the passage. The $9.4 billion investment by the Panama Canal Authority in a […]
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Panama Canal Expansion: Locks and Load
The Panama Canal’s recent expansion has
widespread ramifications for global shipping.
Panama Canal Expansion Re-Routes Logistics for U.S. Businesses
Panama has completed the monumental $5.25-billion overhaul of the Panama Canal, which will have far-reaching implications for any business that employs or is part of an international supply chain. The Panama Canal can now accommodate ships that are one-third larger than before. These megaships carry 45 percent of the world’s cargo and will be able […]
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Panama Canal Expansion to Spur East Coast Shipping Boom
After nearly 10 years and $5.4 billion, worldwide shipping is in for a major shakeup. With the nearly triple-the-size expansion of the Panama Canal completed in late June 2016, a vastly increased quantity of goods will be able to easily traverse one of the world’s most important waterways. This change comes amid a slump in […]
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Panama Canal Expansion: Four Keys to Unlocking its Potential
The Panama Canal’s new set of locks offers the opportunity to increase ocean transportation by more than twice the number of containers on one ship, creating a potential sea change in economies of scale. Here’s what shippers need to know. Today’s global macroeconomic and cross-border logistics environment is already incredibly complex, with higher U.S. domestic […]
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