New Tonnage Record for Panama Canal

The Panama Canal set a new daily tonnage record in February 2017 of 1.18 million Panama Canal tons (PC/UMS) after welcoming a total of 1,180 vessels through both the expanded and original locks, the canal authority said.

11 New Services Added to Panama Canal

The Panama Canal has welcomed 11 new services through the waterway since its expansion, the canal authority said, adding that this number is expected to grow further as global shipping lines are redrawn to take advantage of the canal’s economies of scale.

Gallery: MEGI LNG Carrier Traversing Panama Canal

The images above show Oak Spirit, an M-type, electronically controlled, gas injection (MEGI) -type liquefied natural gas (LNG) carrier, crossing the Panama Canal for the first time in 2016.

Spotted: First 10,500 TEU Vessel Transits Panama Canal

In today’s spotted we bring you Valparaiso Express, the first 10,500 TEU ship to transit the Expanded Panama Canal.

Spotted: Two Wagenborg’s Ships Meet in Panama Canal

Royal Wagenborg’s two general cargo vessels, MV Aragonborg and MV Arubaborg, met at the Gatun Locks while simultaneously transiting the Panama Canal westbound on December 13, 2016.

Alphaliner: Panamax Exodus Set to Continue

Over 100 more classic Panamaxes would need to be scrapped in the coming months to re-balance supply and demand, and reduce the total pool to less than 470 units, compared to 670 units four years ago, according to Alphaliner.

Expanded Waterway Pushes Panama Canal’s Tonnage Up

The Panama Canal has handled 330.7 million tons of goods in fiscal year 2016, the third highest amount ever recorded, contributed by strong container traffic, newly introduced segments and the expanded canal.