Panama’s economy is booming ahead of the scheduled mid-2016 opening of the expanded Canal, the country’s new Maritime Affairs minister Jorge Barakat, administrator of the Panama Maritime Authority (AMP), told delegates at the Seatrade Middle East...
Admiral Mohab Mameesh, chairman and managing director of the Suez Canal Authority (SCA), proved a star turn on the opening day of the Seatrade Middle East Maritime conference, providing further details of the Canal’s recently unveiled expansion...
A consortium consisting of Royal Boskalis Westminster N.V. (Boskalis), Van Oord, NMDC from Abu Dhabi and Jan de Nul have been awarded a contract from the Suez Canal Authorities for works on the expansion of the Suez Canal,
Improvements to the Suez Canal announced in August are expected to provide a near tripling of revenue over the next decade and see transit times reduced from 18 to 11 hours, according to new information provided by the Suez Canal Authority (SCA).
There are delays in the Suez Canal after Hapag-Lloyd and Maersk Line containerships collided on Monday.
The competition between the Suez and Panama canals are more likely to benefit big boxships than tankers, Bimco has stated.