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Panama Canal Authority

Commentary: China’s investments and influence in Panama – problems ahead for the United States?

FreightWaves features Market Voices – a forum for voices with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise. In what could be ground zero in the new trade cold war between the United States and China, the new president of Panama, Laurentino “Nito” Cortizo is looking out for the interests …

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Commentary: Expansion of the Panama Canal benefits global trade

FreightWaves features commentary from Market Voices – contributors with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise. As a FreightWaves reader you know that FreightWaves is constantly pursuing coverage of the most important transportation issues in the world. To that end, its reporters frequently travel to strategic logistics sites to …

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Panama Canal Authority suspends latest draft restrictions on ships

A suspension “until further notice” of the latest round of draft restrictions on ships using the Panama Canal was issued yesterday by the Canal Authority . Dry conditions are likely to continue throughout July and may last to the end of the year. The current maximum authorized draft of 44.0 feet (13.41 meters) Tropical Fresh …

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What canal toll plan means to shipping, rail and trucking

Proposed changes to the Panama Canal transit tolls would provide further incentives for container ships and hike prices for other vessel types. The consequences could ripple beyond ocean shipping – the more container lines are convinced to bring Asian exports to the U.S. East Coast via the Panama Canal instead of unloading in California, the …

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Port Report: Draft restrictions push Panama Spread to unseasonal high

A five-month drought in Panama has reduced freight carrying capacity of the country’s canal of ocean carriers by nearly one-fifth. It’s also giving an unseasonal boost to shipping rates for U.S. East Coast-bound cargo. Starting next week, the Panama Canal Authority will reduce the maximum allowable draft for the largest of ships that use the …

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