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

Oil Exports to Increase From Russia's Western Ports in August

Oil Exports to Increase From Russia's Western Ports in August

CBOT Wheat Prices Rise As Russia, Ukraine Conflict Threatens Exports

CBOT Wheat Prices Rise As Russia, Ukraine Conflict Threatens Exports

Lemissoler Navigation Names Bulk Vessel Pair

Lemissoler Navigation Names Bulk Vessel Pair

Russian Grain Lobby Warns Black Sea Attacks Threaten Grain Security

Russian Grain Lobby Warns Black Sea Attacks Threaten Grain Security

Subscribe for Maritime Logistics Professional E‑News

Trump says Iran faces 'decapitation' if it doesn't strike deal
Data shows that Russian pipeline gas exports into Europe fell by 5.2% year-on-year in July.
Data shows that Russia's LNG imports from January to July were up by 11% on a year-over-year basis.