marine link image
REGISTER NOW FOR the Port of the Future Conference • 2 Days, 50 Ports • Houston, TX • March 24–25, 2026

Panama Canal Eyes Adding New Reservoir to Boost Ship Transits

June 4, 2024

© turventur / Adobe Stock
© turventur / Adobe Stock

The Panama Canal is exploring the construction of a new water reservoir that would provide capacity for 11 additional ship crossings, the administrator of the key global waterway said in a statement on Tuesday.

The administration is also seeking to make its ship reservation system "more permanent," the statement added.


(Reuters - Reporting by Elida Moreno)

Logistics News

Towage Giant Delivers Record Results, Eyes Global Expansion

Towage Giant Delivers Record Results, Eyes Global Expansion

ZIM Navigates Cooling Container Markets, Hapag-Lloyd Deal Looms

ZIM Navigates Cooling Container Markets, Hapag-Lloyd Deal Looms

Shipowners to Lead Maritime Transformation Talks at APM 2026

Shipowners to Lead Maritime Transformation Talks at APM 2026

Semco Maritime, Zamakona Form Las Palmas Shipyard Alliance

Semco Maritime, Zamakona Form Las Palmas Shipyard Alliance

Subscribe for Maritime Logistics Professional E‑News

UAE stock prices fall as oil surges due to escalating conflict in Iran
Bonds plunge from Tokyo to Sydney as oil surpasses $115
Clarksons, a shipping services company, has seen its annual profit drop due to market uncertainty