Panama

U.S., Brazil back fresh Venezuela election despite government, opposition rebuffs
A man waves a Venezuelan flag as demonstrators clash with police officers during a protest against President Nicolas Maduro’s government in Caracas on July 29, 2024, a day after the Venezuelan presidential election. Protests erupted in parts of Caracas Monday against the re-election victory claimed by Venezuelan President Nicolas Maduro but disputed by the opposition […]
Read More
The unfold amongst shorter and extensive-phrase ocean freight prices has soared, leaving the sector in a standoff
March and April are critical months for ocean carriers wanting to ink once-a-year freight contracts with shippers, including the world’s greatest stores, but this year agreement period is turning into a waiting around match. The $2,500 unfold in between place market prices and prolonged-time period freight agreement premiums for Asia to U.S. West Coast containers […]
Read More
Panama Canal drought forces Maersk to get started making use of 'land bridge' for Oceania cargo
Watch of stranded boats at Alhajuela Lake in the course of the summer time drought, in Colon province, 50 km north of Panama Metropolis, Panama, on April 21, 2023. The Alhajuela lake is just one of the major lakes that supplies h2o to the locks of the Panama Canal and is at its least expensive […]
Read More
Shippers have already diverted about $35 billion in cargo from the Red Sea amid fears of attacks
Loaded containers stacked on top of a cargo ship sailing in a canal on Janvier 20, 2017 in Suez Canal, Red sea, Egypt. Camille Delbos | Corbis News | Getty Images So far, shippers have diverted about more than $30 billion worth of cargo away from the Red Sea as they face the threat of […]
Read More
Key shipping and delivery routes are having difficulties with water shortages. El Niño could make it even worse
A ship navigates the Panama Canal in the spot of the Americas’ Bridge in Panama Metropolis on June 12, 2023. Luis Acosta | Afp | Getty Photographs An escalating amount of local weather-driven intense climate activities is taking its toll on the world’s key delivery routes — and El Niño could make matters even worse. […]
Read More
‘This is likely to get even worse prior to it receives better’: Panama Canal pileup thanks to drought reaches 154 vessels
A ship navigates by way of the Panama Canal in the area around the Americas’ Bridge in Panama Metropolis on April 24, 2023. The shortage of rainfall because of has pressured the Panama Canal to lower the draft of ships passing through the interoceanic waterway, in the midst of a h2o source disaster that threatens […]
Read More
U.S. trade dominates Panama Canal targeted traffic. ‘Severe’ drought is threatening the very long-time period foreseeable future of the century-aged shipping and delivery route
Starting off Sunday, the Panama Canal, the premiere trade gateway employed by U.S. shippers for the Gulf and East Coast ports, will be restricting large ships for the reason that of small h2o concentrations prompted by ongoing drought ailments. That will equate to an approximate 40% fall of cargo on some containerships, earning it much […]
Read More
The ‘breakout travel trend’ of the decade: What to know about expedition cruising
It felt as if we had the jungle to ourselves. As we explored Costa Rica’s Corcovado Countrywide Park, we spotted uncommon birds, spider monkeys — even a sloth and her infant — between the trees of the rainforest. It was 1 of a lot of experiences I had on an expedition cruise with 32 passengers […]
Read More
$5.2 billion in cargo stuck off West Coastline ports in truck and container bottleneck
A image of Fenix Maritime Companies rail terminal on June 8, 2023, taken by a trucker. The “sluggish and go” pace of the Global Longshore and Warehouse Union workforce at West Coast ports has slowed floor port productivity to a crawl. As a consequence, source chain intelligence organization MarineTraffic information reveals what it is calling […]
Read More