China hits out at Hutchison plan to sell Panama port holdings to MSC
China has slammed CK Hutchison’s plans to sell some 80% of its port holdings to ...
Containerships are proving less vulnerable to Panama Canal draught restrictions than other shipping sectors, but the resulting overall supply chain costs are expected to be significant.
Daily transit and weight restrictions have been imposed on ships transiting the canal since last March in a bid to preserve water levels after drops caused by higher temperatures, a delayed rainy season and the El Nino weather phenomenon.
On 1 January, the Panama Canal Authority (ACP) increased the number of transit slots up ...
Maersk Air Cargo sees volumes fall as it aims for 'margin in favour of revenue'
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