Panama Canal Administrator Ricaurte Vasquez said Thursday that the conflict in the West Asia and rising fuel costs could ultimately benefit the interoceanic waterway as global shippers adjust routes.

PANAMA City – Panama Canal Administrator Ricaurte Vásquez said Thursday that the conflict in the Middle East and rising fuel ...

The US has issued its second authorisation allowing buyers to take Russian oil cargoes already at sea, a move intended to ease rising prices. Treasury Secretary Scott Bessent said the move was ...

"If higher energy costs persist, routing cargo through Panama can cut voyages by between three and 15 days, depending on the route, while reducing fuel consumption." ...

Ricaurte Vásquez, Panama Canal Administrator, indicates that rising fuel costs and Middle East conflicts may enhance the canal's attractiveness for global shipping.

China’s Embassy in the US shared an AI-generated video poking fun at US President Donald Trump’s Shield of the Americas Summit on Wednesday, days after Trump took the stage at the Florida event to ...

The Panama Canal Authority is poised to award contracts for new ports and a gas pipeline by June 2027. The projects, involving a $2.6 billion investment for ports and up to $8 billion for the pipeline ...

The Panama Canal Authority ‌expects to award contracts for two new ports and a gas pipeline ​by June 2027, Rafael Pirro, a development ​officer at the canal, said in ⁠an event on Thursday.

With fuel and freight prices skyrocketing as war chokes the Strait of Hormuz, the Panama Canal is seeing more business than usual.

Last month, Panamanian authorities took back Balboa in the south and the Atlantic port of Cristóbal in the north, in a move widely seen as a win for U.S. President Donald Trump, who had described the ...

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