Tag: Panama Canal

• Wednesday, May 28th 2025 - 10:56 UTC

  Peru joins railroad project to Chancay to boost Chinese trade

  

  Peru has joined Brazil and China's transcontinental railroad project to connect the Pacific coast with the Atlantic Ocean across South America, offering an alternative trade route to the Panama Canal. This railway aims to facilitate the transport of Brazilian goods, such as soybeans and minerals, to China’s Shanghai port via Peru’s Chancay port, reducing maritime trade distance by about 10,000 km and easing reliance on Brazil’s congested Santos port.

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• Tuesday, April 8th 2025 - 08:27 UTC

  Mulino and Orsi discuss Mercosur and other issues in Panama

  

  Presidents Yamandú Orsi of Uruguay and José Raúl Mulino of Panama met Monday at the Palacio de las Garzas to discuss the Southern Common Market (Mercosur) and other bilateral issues. The newly-inaugurated Broad Front leader's trip reciprocated Mulino’s prior visits to Uruguay, which facilitated Panama’s entry as an Associated State of Mercosur in December 2024. The meeting also took place as part of the celebrations marking 120 years of diplomatic relations between the two countries.

• Wednesday, April 2nd 2025 - 09:24 UTC

  Panama Canal announces preferential treatment for low-carbon emission vessels

  

  The Panama Canal Authority (ACP) is launching a sustainability initiative by introducing the “NetZero Slot,” an exclusive transit quota for low-carbon emission vessels starting October 5, 2025, in a move to reduce the environmental impact of maritime trade.

• Tuesday, March 4th 2025 - 20:45 UTC

  Preliminary deal reached for sale of Hong Kong company's stake in Panama Canal operations

  

  Given US President Donald Trump's pressure, CK Hutchison Holdings, a Hong Kong-based conglomerate, agreed to sell control of a unit operating ports near the Panama Canal, it was announced Tuesday. The sale includes an 80% stake in the Hutchison Ports group and a 90% interest in Panama Ports Company, which operates the ports of Balboa and Cristobal. The consortium acquiring these stakes includes BlackRock Inc., Global Infrastructure Partners, and Terminal Investment Ltd.

• Wednesday, February 26th 2025 - 10:11 UTC

  US backs modernization of Guatemalan Pacific port to counterbalance China's expansion

  

  Guatemala and the United States have announced a US$ 125 million initiative to expand Puerto Quetzal, the largest Pacific port in the Central American country, in a move to counterbalance China's presence in the region through its current prevalence in the Panama Canal in addition to the projected Nicaragua interoceanic crossing already under construction.

• Friday, February 7th 2025 - 09:25 UTC

  Panama drops the Chinese Belt and Road Initiative, but also rejects free transit of US vessels through the Canal

  

  Panama’s President, José Raúl Mulino, announced on Thursday that the country will withdraw from the Belt and Road Initiative, the ambitious Chinese project to fund infrastructure to improve connectivity and economic cooperation with other nations. At the same time US Secretary of State Marco Rubio clarified the claim that Panama “had decided to remove fees for US government vessels transiting the Panama Canal”

• Monday, February 3rd 2025 - 10:55 UTC

  Rubio tells Mulino US to take necessary measures to end China's control over Panama Canal

  

  US Secretary of State Marco Rubio met Sunday with Panamian President José Raúl Mulino, whom he told about the increasingly worrying control “control by the Chinese Communist Party” of the waterway linking the Atlantic and the Pacific Oceans. This situation is a threat to US interests, Rubio argued.

• Tuesday, January 21st 2025 - 10:59 UTC

  Trump signals beginning of US Golden Era under him

  

  Donald Trump announced that January 20, 2025, marked the beginning of the United States' Golden Era because during his new term in office great achievements lay ahead, such as the US flag flying on Mars together with energy independence, immigration reforms to tackle the inflow of illegal aliens, as well as the end of woke ideas whereby -for example- there are other genders beyond male and female.

• Wednesday, August 21st 2024 - 05:33 UTC

  HMS Protector crosses Panama Canal as it prepares for Antarctica's 2024/25 season

  

  The Royal Navy’s ice patrol ship HMS Protector is swapping the high north for the deepest south after completing a successful mission to Canada’s polar waters. The Plymouth-based survey and scientific vessel usually patrols the Antarctic, but occasionally to Arctic climates to certify that she is able to operate in the icy northern regions, which are vastly different to work in despite their visual similarities.

• Thursday, June 27th 2024 - 22:00 UTC

  Panama Canal easing crossing conditions beginning July 11

  

  The Panama Canal Authority (ACP) has announced an increase in draft and daily transits, with the authorized draft raised by another 30 cm on Wednesday to 14.3 m, and will increase to 14.63 m on July 11.