From August 1 to November 30, 2021, the Panama Canal will once again promote the implementation of the IMO’s speed and navigational recommendations to protect whales, dolphins, and other large aquatic animals, as they start their nearby seasonal migration.
One of the major artificial waterways in the world, Panama Canal connects the Atlantic Ocean and the Pacific Ocean, cutting across the Isthmus of Panama- a narrow strip that separates the Caribbean Sea from the Pacific Ocean.
The Panama Canal launched its process of decarbonizing its operations, with aims of becoming carbon neutral by 2030.
The Panama Canal Authority (ACP) has announced that it will postpone price increases on canal transit fees which were due to come into effect tomorrow.
The Panama Canal announced that it will modify its transit reservation fees and other maritime services (OMS) in order to better respond to evolving market changes and manage its capacity in the face of growing demand.
The Panama Canal set a new monthly record for transits and tonnage of LNG vessels in January, which shows its capacity to respond to the demand of this segment, as a result of the recent surge in the energy market.
The Panama Canal has signed memorandums of Understanding with Panama Ports Company (PPC) and PSA Panama International Terminal (PSA Panama) to help optimize supply routes for the distribution of the COVID-19 vaccine and supplies to Latin America.
This action confirms the transportation industry’s commitment to unite the public and private sectors in planning and preparation efforts for the transportation and distribution of the vaccine. 18 companies from the transportation industry participate in this initiative.
UNCTAD highlighted the resilience and capacity of the Panama Canal to adapt to the reality imposed by the pandemic, in order to protect its human team and guarantee operations of the road.