Port activity
Espino de Marotta Takes Charge of a Panama Canal Running Short of Water
Ilya Espino de Marotta has taken office for a seven-year term at the Panama Canal, with rainfall 34% below average and daily transit capacity falling to 32 ships from 15 September.
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Port activity
Carriers Raise Panama Canal Surcharges as Gatun Lake Falls
Falling water levels at Gatun Lake have brought stricter draft restrictions, and CMA CGM, Hapag-Lloyd and MSC have all announced significant Panama Canal surcharges.
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Industry
Panama Canal Cuts Neopanamax Draft To 47.5 Feet As Gatun Lake Falls
The Panama Canal will cut the maximum draft allowed through the neopanamax locks to 47.5 feet in two stages from September as Gatun Lake levels keep falling.
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