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

NYK Invests in Oceanic Constellations Tech Startup

NYK Invests in Oceanic Constellations Tech Startup

Tallink Shuttle to Run Entirely on Renewable Energy

Tallink Shuttle to Run Entirely on Renewable Energy

Green Hydrogen Project at Port of Klaipėda Enters Testing Phase

Green Hydrogen Project at Port of Klaipėda Enters Testing Phase

Maersk’s 2025 Report: Some Records and Some Lay Offs

Maersk’s 2025 Report: Some Records and Some Lay Offs

Subscribe for Maritime Logistics Professional E‑News

On Friday, work will be suspended on the $16 billion New York City Tunnel project
Bloomberg News reports that PJM is expecting a major power shortage amid the data center boom.
Traders say that sanctions force Russia to dump its naphtha in STS transfer and storage hubs.