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

How JobMarineMan Is Building a Direct Crew Recruitment Ecosystem

How JobMarineMan Is Building a Direct Crew Recruitment Ecosystem

Baltic Index Reaches One-Week High on Higher Capesize Rates

Baltic Index Reaches One-Week High on Higher Capesize Rates

NYK Group’s ICO Launches Belgium’s First Shore Power Facility for RoRo Ships

NYK Group’s ICO Launches Belgium’s First Shore Power Facility for RoRo Ships

BMT, Austal Sign Engineering Alliance to Support Shipbuilding Projects

BMT, Austal Sign Engineering Alliance to Support Shipbuilding Projects

Subscribe for Maritime Logistics Professional E‑News

Ryanair extends CEO O'Leary's Contract to 2032 and offers a EUR150 million Bonus
Multiple injuries reported after two trains collided north of London
Judge rules that the wife of Spanish PM must face corruption charges