ACP plans new reservoir to avoid repeat of Panama Canal restrictions
A new reservoir at the Panama Canal to improve reliability could be ready within four ...
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The Panama Canal Authority (PCA) is planning a green transition that will see the long-term costs of transiting the waterway increase, while counterpart the Suez Canal has announced a more immediate price increase.
The PCA is expected to say tomorrow at the COP26 conference in Glasgow, that it will begin a $70bn long-term development programme to take the canal to zero-carbon emissions by 2050.
The PCA’s climate specialist, Alexis Rodriguez, told The Loadstar: “In the short-term we will continue with our reforestation ...
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