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

Russian Wheat Export Prices Remain Stable, Shipments Expected to Drop Come June

Russian Wheat Export Prices Remain Stable, Shipments Expected to Drop Come June

Schottel Opens Indian Subsidiary

Schottel Opens Indian Subsidiary

New Quay Cranes Boost Baltic Container Terminal's Capabilities

New Quay Cranes Boost Baltic Container Terminal's Capabilities

Copenhagen Malmö Port Names Kristian Durhuus as New CEO

Copenhagen Malmö Port Names Kristian Durhuus as New CEO

Subscribe for Maritime Logistics Professional E‑News

Choose France summit promises major investment
Ship operators call for clear rules to restore normalcy to Hormuz
FedEx Freight set for market debut as spinoff nears completion