• 2017 September 28 08:18

    Expanded Panama Canal welcomes 2,000th Neopanamax transit

    The Panama Canal welcomed its 2,000th Neopanamax vessel through the waterway, demonstrating the route's continued impact on maritime trade and the industry's confidence in the safe, reliable and efficient service the Canal provides, the company said in its press release.

    The COSCO Yantian containership completed the milestone transit through the Expanded Canal traveling northbound from the Pacific to the Atlantic Ocean. The vessel measures 351 meters in length and 43 meters in beam, with a total TEU allowance (TTA) of 9,504.

    "Over the last 15 months, the Expanded Canal has repeatedly exceeded expectations," said Panama Canal Administrator, Jorge L. Quijano. "Yesterday's transit serves as yet another reminder of the industry's rapid adoption of the route and reinforces our commitment to continually improving the service we offer our customers."

    The COSCO Yantian is deployed on the Pacific East Coast 2 (PEX2) service, which operates between Asia and the Caribbean via the Panama Canal.

    The 2,000th transit marks another step forward for the Expanded Canal, which has served a number of vessel segments since its opening in June 2016, including containerships, liquefied petroleum gas (LPG) carriers and liquefied natural gas (LNG) carries-a new segment for the waterway.

    At 54 percent, the container segment accounts for more than half of the transits through the Expanded Canal, while LPG and LNG vessels represent 29.2 and 8.6 percent, respectively. Bulk carriers, tankers, car carriers and cruise ships have also transited the Expanded Canal.

    About the Panama Canal Authority
    The Panama Canal is run by an autonomous agency of the Government of Panama in charge of managing, operating and maintaining the Panama Canal. The operation of the Panama Canal Authority (ACP) is based on its organic law and the regulations approved by its Board of Directors.

    About the Panama Canal Expansion
    The Panama Canal Expansion is the largest enhancement project since the Canal's opening in 1914. Considered and analyzed for a decade with more than 100 studies, the Expanded Canal provides the world's shippers, retailers, manufacturers and consumers with greater shipping options, better maritime service, enhanced logistics and supply-chain reliability. The Expansion included the construction of a new set of locks on the Atlantic and Pacific sides of the waterway, creating a third lane of traffic and doubling the cargo capacity of the waterway. While the expanded locks are 70 feet wider and 18 feet deeper than those in the original Canal, they use less water due to water-savings basins that recycle 60 percent of the water used per transit. In line with its commitment to customer service, the Panama Canal will continue to provide the world with value for another century and beyond.




2020 January 21

18:27 ABS and Hyundai Heavy Industries complete landmark smart functions JDP
18:07 Mystic orders four more Explorer Class Polar expedition vessels
17:43 Outer Port is among main topics of Polish-Japanese economic cooperation
17:19 Wärtsilä LNG Bunkering & Fuel Supply System Simulator launched to raise training levels
17:18 BCT ends 2019 with highest every cargo handling of 500 000 TEU
16:55 Letter of Intent signed between Port of Gdynia Authority S.A. and Pelixar S.A.
16:14 New ASCO vessel to be named after Academician Khoshbakht Yusifzadeh
15:30 Port of Singapore throughput in 2019 declined by 0.6% to 626.18 million tonnes
15:01 Freight turnover of Neva-Metal (Saint-Petersburg) in 2019 remained flat Y-o-Y at 3.2 million tonnes
14:39 18,880 ships with total tonnage of 1.2 billion tonnes passed Suez Canal in 2019
14:06 BIMCO issues update on Persian Gulf tensions and sanctions clauses
13:42 Rosmorport reports on icebreaker support in Russian seaports as of mid-January 2020
13:17 Throughput of port Kaliningrad in 2019 fell by 21% Y-o-Y to 11.06 million tonnes
12:53 Eesti Gaas becomes one of the largest LNG suppliers in the region
12:28 Throughput of port Vyborg in 2019 fell by 37% Y-o-Y to 1.21 million tonnes
12:05 German Naval Yards Kiel takes legal actions against MKS 180 procurement
11:54 Bunker sales at the port of Singapore in 2019 fell by 4.6% Y-o-Y to 47.5 million tonnes
11:29 Throughput of port Vysotsk in 2019 climbed by 3% Y-o-Y to 19.40 million tonnes
11:05 Fincantieri enters the green cutting-edge project “ITER”
10:52 Throughput of port Primorsk in 2019 grew by 14% Y-o-Y to 61.02 million tonnes
10:37 Software for ship agents supported with digitalisation grant
10:21 Baltic Dry Index is down to 729 points
10:05 Brent Crude futures price is down 0.55% to $64.84, Light Sweet Crude – down 0.32% to $58.39
09:53 MABUX: Bunker market this morning, Jan 21
09:47 MOL Logistics (Thailand) strengthens total logistics services
09:30 Port of Ust-Luga handled 103.85 million tonnes in 2019, up 5% Y-o-Y
09:13 Throughput of Port St. Petersburg in 2019 grew by 1% to 59.87 million tonnes
08:44 Maersk Drilling awarded two-well contract extension for low-emission rig Maersk Integrator under Aker BP alliance
07:41 Kuehne + Nagel to accelerate development in Asia Pacific

2020 January 20

18:37 Semi-submersible installation vessel ‘Alfa Lift’ nominated for Offshore Renewables Award 2020
18:06 Freeport LNG achieves start of commercial operations for second liquefaction train
17:55 Russia and Japan to conduct joint exercise in the Arabian sea
17:39 Kawasaki Heavy Industries announces delivery of bulk carrier NAVIOS FELICITY Ⅰ
17:34 Corvette "Gremyaschiy" completed a series of tests in the Barents sea
17:06 MSC Cruises and Chantiers de l’Atlantique sign contracts for construction of third and fourth LNG-powered MSC World Class ships
16:52 Cryostar and KC LNG awarded contract for building LNG facility in port of Antwerp
16:33 London, UK to host Digitalised Smart Ports Conference on 20-21 May 2020
16:09 PETRONAS concludes 12-year LNG deal with Shenergy
15:41 APM Terminals signs partnership with Brasco for oil exploration support
15:25 BIMCO’s sounding board to take sale and leaseback project to the next phase
14:58 88% of comprehensive plan for upgrading and expanding core infrastructure fulfilled by 1 January 2020
14:26 Port of Kiel concludes last year with good results
14:02 Port of Tallinn reports on its most important events and projects in 2019
13:07 Geothermal energy research in Port of Rotterdam enters next phase
12:59 Pella shipyard commenced construction of two crab catching vessels of Project 03070 for the Far East
12:37 Average wholesale prices for М-100 HFO up to RUB 10,074 in RF spot market
12:11 Crews of ships of RF Navy's Primorsky Flotilla are preparing to the sea campaigns
11:05 17 Carriers and ports release Boao Cooperation Initiative 2020
11:00 IAPH welcomes new member port from Oman
10:36 MABUX: Bunker market this morning, Jan 20
10:18 Container throughput of port Hong Kong (China) down 6.3% to 18.36 million TEUs in 2019
09:55 Buenos Aires, Argentina to host LNG Latin America 2020 International Congress on 17-18 June
09:32 Brent Crude futures price is up 1.3% to $65.69, Light Sweet Crude – up 1.14% to $59.25
09:14 Baltic Dry Index is down to 754 points

2020 January 19

18:07 TORM increses its share capital due to exercise of Restricted Share Units as part of the Company’s incentive program
17:57 USCG halts illegal charter in Sarasota Bay
14:27 Torqeedo and ZF cooperate on new emission-free electric propulsion for water taxis and ferries
12:39 Kalmar delivers to Medcenter Container Terminal its 200th straddle carrier
11:43 NOC condemns calls to blockade oil facilities
10:24 Port of Oakland's 2019 container volume down 1.8% due to fewer empty boxes