A severe drought affecting the Panama Canal is forcing the Panama Cana Authority (ACP) to reduce draughts and container vessels to lighten their loads.

The Panama Maritime Authority (AMP) and Panama’s main maritime associations concluded the meetings for the revision of the country’s merchant marine law.

PSA Marine has completed the acquisition of 45% stake in Meyer’s Tugs (MTSA) from Inversiones Maritimas CPT a wholly owned subsidiary of CPT Empresas Maritimas SA (CPT).

For the first time, the Panama Ship Registry has become eligible for the US Coast Guard’s Qualship 21 programme.

The Panama Canal Authority (ACP) has enforced lower maximum draught of vessels transiting the expanded Panama Canal’s neo-panamax locks due to an ongoing drought.

An incident in the Panama Canal could prove costly as the Panama Canal Authority (ACP) implements a ‘disruption charge’ for vessels causing delays and operational difficulties to the critical waterway.

Panama’s ports container volume fell 1.2% to 8.5m teu in 2022, down from 8.6m teu the year before.

The Panama Maritime Authority (AMP) is working to make changes to Law 57 of 6 August 2008 General Merchant Marine, aiming at increasing the Panama Ship Registry’s competitiveness.

Panama’s Manzanillo International Terminal (MIT) has received the first LNG-powered vessel to dock at a port in the country.