With the entry into operation of the new locks, the Panama Canal is beginning to regain market lost in recent years to the Suez Canal. 60% of vessels transporting cargo between Asia and the United States now passes through the new locks, up from 40% earlier this year. Until the opening of the expanded canal, […]
This has been an extraordinary year for the Panama Canal. We reported record annual tonnage at the close of fiscal year 2015, we completed the Panama Canal’s first ever Expansion Program to create a new lane of traffic at the waterway, we inaugurated the new Canal with more than 40,000 people, both local and from […]
For the young people who will attend World Youth Day 2019 in Panama, the life and martyrdom of Blessed Oscar Romero is a shining example of Christian faith in the midst of struggles, said several bishops from Panama. The people of Central America “have a great affection” for the Salvadoran archbishop and remains a symbol […]
Increases in the average price of office space have been recorded due to less construction of these types of buildings in the first half of the year. Figures from a report by CBRE Panama cited by Capital.com.pa indicate that construction has declined in this segment due to increases in the price of materials and high […]
I think that this was a great response to a really over critical article by the New York Times and puts in perspective what The Panama Canal is all about. To The Editor of The New York Times. Re “Unlikely Hot Spot for Traffic Accidents: New Panama Canal” (news article, July 31): Your second major […]
Following the Expanded Panama Canal’s first month of operations, the Panama Canal Administrator Jorge L. Quijano presented representatives of shipping lines and shipping agents with an update on the operations of the Expanded Canal, ensuring customers about the safe operation of the new locks. “We are very pleased with the first month of activity at […]
Check out this drone video posted by Panama Canal Administrator Jorge Luis Quijano showing a neopanamax containership entering the expanded Panama Canal’s new Agua Clara locks from Gatun Lake on the Atlantic side of the waterway. Administrator Quijano says the video illustrates the excellent work by Panama Canal ship pilots, but I actually think the […]
Colombian Finance Minister Mauricio Cardenas and the Minister of Commerce Maria Claudia Lacouture announced Sunday, July 31 they will be maintaining tariffs on footwear and textiles imported from Panama to Colombia. The decision reportedly goes against World Trade Organization (WTO) policy. According to a WTO ruling, Colombia should have eliminated tariffs imposed against Panamanian products […]
This is a cute story and a video. On the papal flight back to Rome, Pope Francis did not hesitate to put on this hat, the same model used by farmers in Panama. Panamanians will host the Pope at WYD in 2019. Panama will be the first Central American country to host this youth encounter. […]
Public officials from Houston and Texas are embarking on a trade mission to see the expanded Panama Canal and discuss its prospects for business opportunities. The trade mission, beginning Sunday, will be led by Texas Lt. Gov. Dan Patrick and Ambassador Juan B. Sosa, consul general of Panama in Houston. It was organized by the […]