Tag: Panama Canal

• Thursday, May 5th 2016 - 16:53 UTC

  COSCO's “Andronikos” will make the first ceremonial transit of Expanded Panama Canal

  

  China COSCO Shipping has won the draw for its container vessel Andronikos to make the ceremonial first transit through the Expanded Panama Canal during the waterway's inauguration on Sunday, June 26. The vessel, which has a maximum capacity of 9,400 TEUs, is 48.25 meters in beam and 299.98 meters in length.

• Monday, April 20th 2015 - 23:36 UTC

  Hapag-Lloyd orders five 10.500 box-ships to boost South American operations

  

  Germany’s Hapag-Lloyd has clinched a new order for five 10,500 boxships to boost its South American operations. The vessels will be built by Hyundai Samho in South Korea for delivery between October 2016 and May 2017.

• Tuesday, December 23rd 2014 - 06:28 UTC

  Groundbreaking of Chinese-backed Nicaragua Canal commences

  

  Protesters, skepticism did not stop the administration of President Daniel Ortega. Project seeks to reshape country's poor economy,

• Monday, August 18th 2014 - 07:19 UTC

  US Panama Canal workers recall and celebrate the century old feat

  

  The 100th anniversary of the opening of the Panama Canal, hailed at the time as one of the world's great wonders, has inspired a celebration in central US state Florida to showcase the experience of the US canal workers behind the engineering feat.

• Friday, May 16th 2014 - 19:51 UTC

  Ice patrol HMS Protector in Charleston after crossing the Panama Canal

  

  The Royal Navy’s ice patrol ship has made a night-time journey through the Panama Canal to arrive in Charleston following a busy period in Antarctica. HMS Protector took seven hours and 38 minutes to make the 77.1km passage from the Pacific to the Atlantic through the canal, which this year marks its centenary.

• Thursday, February 6th 2014 - 01:00 UTC

  Panama Canal expansion halted; Spanish consortia says a 'final offer' has been made

  

  A dispute over a 1.6 billion dollar cost overrun in the Panama Canal's expansion took a new twist Wednesday after a Spanish company leading the project denied it halted work over the spat.

• Monday, January 13th 2014 - 07:27 UTC

  Nicaragua announces that construction of inter-ocean canal begins this year

  

  President Manuel Ortega said on Saturday that the construction of a massive inter-oceanic canal in Nicaragua that could significantly alter global trade would start at the end of 2014. Ortega gave a Chinese group a concession to manage the future shipping channel for 50 years, with the possibility to renew the contract for another 50.

• Thursday, January 9th 2014 - 06:54 UTC

  Panama Canal expansion discussions stall; Italian company demands an extra 1bn

  

  The Panama Canal Authority, or ACP, said on Wednesday it would be “impossible” to meet the demands of Italian builder Impregilo, which has called on the government agency to make an additional payment of up to 1 billion dollars to cover cost overruns affecting a project to expand the international waterway.

• Wednesday, August 8th 2012 - 18:16 UTC

  Panama Canal unveils new tolls structure and increases some categories

  

  Following the recommendation from the Board of Directors of the Panama Canal Authority (ACP), the Panamanian government approved this week the proposal to restructure the Panama Canal's pricing system.