panama-canal
3 stories related to this topic, newest first.
Financial TimesPanama Canal Daily Transits Rise 20 Percent Since Start of Iran War
Daily transit operations through the Panama Canal have risen 20 percent since the start of the conflict with Iran, according to the canal manager. The increase has lifted revenues by as much as 15 percent. Officials said the war is permanently reshaping global trading routes.
Substrate placeholder — needs reviewBusinesses Pay Up to $4 Million for Panama Canal Slots Amid Strait of Hormuz Disruptions
Shipping companies are paying premiums of up to $4 million to secure slots in the Panama Canal due to rerouting caused by tensions in the Strait of Hormuz. The Panama Canal Authority reported increased auction prices for non-reserved passages as vessels avoid the Middle Eastern r…
Office of Andy Biggs, US Congress / Wikimedia (Public domain)Huawei Equipment Removed from Panama Canal Zone Under U.S. Policy
Huawei telecommunications and security equipment is being removed from the Panama Canal zone and replaced with alternatives from the United States or allied nations. This development is attributed to policies implemented by the Trump administration. The Panama Canal serves as a m…