Drewry's OpinionThe multipurpose (MPP) shipping sector has not been spared from the disruptions in traffic flows in the Panama and Suez Canals. According to shipping consultancy Drewry, weather-related restrictions on the Panama Canal and the recent...Read more
Scheduled maintenance work at the Gatun Locks of the Panama Canal will cause a temporary reduction in daily transit numbers, the Panama Canal Authority said. The maintenance is part of measures taken by the authority...Read more
As the new shipping crisis unfolds in the Red Sea and the Suez Canal, a glimmer of hope for the ocean shipping sector comes in the form of an increased number of booking slots for...Read more
Following Panama Canal Authority’s Advisory to Shipping No. A-48-2023, several MPP carriers and operators have decided to cancel traversing the canal until May or June 2024. United Heavy Lift got the ball rolling with several...Read more
Container xChangeThe Dry Bulk and LNG segments have borne the brunt of restricted transits of the Panama Canal that has been pushed into a crisis due to the drought and low water levels. Dry bulk and...Read more
The severe drought that has had a major impact on the water levels in the Panama Canal are restricting the movement of heavy-lift multipurpose vessels. Based on the current information, United Heavy Lift said its...Read more
Drewry's OpinionThe Panama Canal, a crucial element of global shipping, is in crisis due to an unprecedented drought, which is casting shadows over trade dynamics and supply chains.Read more