Panama Canal Board approves new port
DECEMBER 31, 2014 — The Panama Canal Board of Directors this week formally approved the development and construction of a transshipment port in Panama’s Corozal region. Upon completion, the port will have
DECEMBER 31, 2014 — The Panama Canal Board of Directors this week formally approved the development and construction of a transshipment port in Panama’s Corozal region. Upon completion, the port will have
DECEMBER 17, 2014 — Scorpio Bulkers Inc. (NYSE: SALT) reports that it has reached agreements with shipyards in South Korea and Romania to modify six newbuilding contracts for Capesize bulk carriers into
DECEMBER 11, 2014—The last of eight gates for the construction of the new locks for the Pacific side of the Panama Canal expansion project recently completed its transit through the waterway. As
DECEMBER 8, 2014—Container volume at the Port of New York and New Jersey is on a record breaking pace, and this past October the port set a record high for monthly cargo
NOVEMBER 1, 2014—Over a thousand attendees were on hand at Vigor Industrial’s Portland, OR, shipyard for the christening of Vigorous, the largest floating drydock in North America. The 24,000-long ton Vigorous has
OCTOBER 25, 2014—Crowley Maritime Corporation’s 400-foot-long by 105-foot-wide heavy lift barge 455 4 recently transported the first of eight gates for the Pacific side of the ongoing Panama Canal expansion. At 22 meters
OCTOBER 9, 2014—The Panama Canal Authority recently took delivery of the 29m tractor Cerro Ancon, the last in a series of 14 such vessels for its fleet. Named after a hill in
OCTOBER 9, 2014—The $700-million Savannah Harbor Expansion Project that will allow deep-draft post-Panamax container vessels to call at the port after the completion of the expansion of the Panama Canal is moving
OCTOBER 8, 2014—Last month, Senator Patty Murray (D-WA) announced that the Port of Seattle had been awarded a $20 million grant under the federal Transportation Investment Generating Economic Recovery—TIGER for short—program to
AUGUST 5, 2014 — A marine insurer is warning of the increased risks that will arise from doubling the cargo-carrying capacity of ships transiting the Panama Canal. In a new report entitled