panama News Updates

Business

Biden Calls for Infrastructure Upgrades Ahead of Panama Canal Expansion

Vice President Joe Biden urged lawmakers and transportation stakeholders to invest in port-expansion projects to accommodate the large ships that will travel through the expanded Panama Canal next year.

November 12, 2014
Business

‘New Tango’ Service Brings More Post-Panamax Ships to Port of Charleston

The South Carolina Ports Authority said Oct. 20 it received the first ship call from a new consolidated East Coast-South America service that brings additional post-Panamax vessels to the Port of Charleston.

October 20, 2014
Business

Panama Canal Expansion Pushed to 2016

The head of the Panama Canal Authority said completion of the canal’s $5 billion expansion has been delayed until 2016, from a previously targeted late 2015 completion date, the Associated Press reported.

September 11, 2014
Government

Key Democrat Supports Private Industry Role Ahead of Panama Canal Expansion

A Senior Democrat on a House panel examining the role private industry plays in transportation called on colleagues on July 10 to facilitate access to private funds for regional ports ahead of next year’s expansion of the Panama Canal.

July 10, 2014
Business

Panama Canal Contractor to Resume Work on Locks

The Panama Canal Authority announced that the contractor building new locks for the expanded waterway agreed to restart its construction project Feb. 20.

February 20, 2014
Business

Despite Cost Disputes, Panama Canal Expansion to Move Forward, Authorities Say

ATLANTA — The Panama Canal expansion is expected to move forward on schedule despite an ongoing dispute with contractors over the project’s cost, an administrator for the Panama Canal Authority told an audience of transportation executives here last week.

January 22, 2014
Government

U.S. House Passes Port Dredging, Improvement Bill

The U.S. House on Oct. 23 passed the Water Resources Reform Development Act, authorizing the Army Corps of Engineers to proceed with dredging and other improvements at ports that would allow massive cargo ships coming through a widened Panama Canal to dock.

October 24, 2013
Business

Road Woes Could Impede New Freight From Panama Canal, Byrd Warns Senate

Substandard highway infrastructure in the United States will make it difficult for trucking to handle the additional freight demand at East and Gulf Coast ports once expansion of the Panama Canal is completed, a leader of American Trucking Associations told a Senate panel.

April 15, 2013