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

Singapore Opens Applications for Additional LNG Bunkering Licenses

Singapore Opens Applications for Additional LNG Bunkering Licenses

Konecranes Receives $49.7m Portal Jib Order from the US Navy

Konecranes Receives $49.7m Portal Jib Order from the US Navy

Genco Rejects Diana Shipping Offer

Genco Rejects Diana Shipping Offer

EU Backs Øresund CCUS Cross-Border Scheme

EU Backs Øresund CCUS Cross-Border Scheme

Subscribe for Maritime Logistics Professional E‑News

Construction-related accidents are on the rise in Thailand
Is the US Uranium Market about to go Nuclear in 2026? Maguire
After the Black Sea tanker attack, Kazakhstan calls on US and Europe to assist in securing oil transport