The Panama Canal Authority has said it will impose a ‘Freshwater Charge’ on ships passing through the canal from 15th February. The charge will be set at $10,000 for any vessel over 125 feet long.
Due to changing rainfall patterns and historic low water levels at Gatun Lake, the main source of water for the waterway, the Panama Canal announced that it will implement a series of new measures beginning Februar.
Engineer Ilya Espino de Marotta took office as deputy administrator of the Panama Canal, marking history as she was the first woman to perform this function.
With the raising of the national flag by the President of the Republic, Laurentino Cortizo, in the Administration Building, Panama celebrated today the 20 years of transfer of the Canal, during which the interoceanic highway has contributed to the growth and development of the country.
Like other regions of the country affected by low levels of rainfall, the Panama Canal Hydrographic Basin will close the month of October as one of the driest in history, so the Canal has redoubled the measures to conserve and make a more efficient use of water.
The Panama Canal closed FY 2019 with a tonnage record of 469 million tons CP / SUAB (volume measure of the Universal System of Ships of the Panama Canal), representing an increase of 6.2 percent compared to the previous year.
The Panama Canal announced the transit of Princess Cruises’ Island Princess, marking the beginning of what is expected to be a busy cruise season.
The Cabinet Council of the Government of the Panama has officially approved the modification of the Panama Canal tolls structure, following a recommendation from the Panama Canal Board of Directors.
The Panama Canal and the Port of Rotterdam signed a Memorandum Understanding (MOU) to promote international trade between Europe and the West Coast of South America.