Rickmers-Linie, the Hamburg-based global project liner and heavy lift specialist, has announced that it is implementing a Panama Canal Surcharge. It will also be implementing its Bill of Lading Documentation Fee of $55 for all US trades. This change is due to increased documentation requirements. All changes are effective December 1, 2002. The new Panama Canal Surcharge (PCS) has been necessitated by the toll increases imposed by the Panama Canal Authority for vessels passing through the Canal. All breakbulk and LCL cargo will be charged at $5.00 W/M (1000 kilos or 1 cubic metre); container cargo will be charged at $100 per container (regardless of size). This surcharge will be applied to all cargoes for which the scheduled routing is via the Panama Canal.
Terminal de Contêineres de Paranaguá (TCP) first port in the region approved to allow unrestricted access of vessels of new Panama Canal’s maximum dimensions. Only weeks after having received permission to lift all restrictions to navigate at night, TCP - 3rd biggest Brazilian container port located in Paranagua has become the first port in the region to receive approval to allow unrestricted access of vessels featuring the new Panama Canal’s maximum dimensions of
The Indian government on March 4 approved state-run Shipping Corporation of India Ltd.'s plan to take a 33.8 percent stake in a new Panama-based liquefied natural gas (LNG) transportation company. Shipping Corp. will invest $21 million in the firm, in which Japan's Mitsui OSK Lines Ltd., Nippon Yusen Kabushiki Kaisha and Kawasaki Kisen Kaisha Ltd. would be other partners. The new company would transport LNG for India's state-run Petronet LNG Ltd
Representatives from some 60 companies and 18 countries participated in an informational meeting regarding the prequalification process for bidding on the design and construction contract of the new Panama Canal locks last Thursday. A total of 144 representatives from North, Central, and South American, Asian and European firms attended the meeting in a continuation of the process that started on August 27th, when the Panama Canal Authority (ACP) opened the prequalification period for
The Big River Coalition and Louisiana Department of Transportation and Development commissioned economist Dr. Tim Ryan to calculate the economic impacts that deepening the Mississippi River would have on the state and national economy. The results of the study will be released during a press conference at the Port of New Orleans Administration Building, 1350 Port of New Orleans Place, Thursday, Aug. 22 at 3:15 p.m.
Saam Smit Towage, a joint venture between SAAM S.A. and Royal Boskalis Westminster N.V. providing towage services in Mexico, Canada, Panama and Brazil, announced it has invested in fleet renewal in Canada and Panama. The company’s Canadian arm has taken delivery of newbuild tug SST Capilano, to be added to the fleet of 21 tugs operated in British Columbia. For Panama, meanwhile, a newbuild tug to be named SST Rambala has been ordered from Damen Shipyards and will be delivered in March
Former Comptroller General Dani Ariel Kuzniecky Barsky officially assumed his new position as chairman of the Panama Canal Authority (ACP) Board of Directors at an inaugural ceremony conducted at the presidential palace last Monday. At the inauguration, Kuzniecky, who will concurrently hold the rank of Minister for Canal Affairs, stated that "one of my commitments will be to preserve the pride and international prestige that Panama has gained as a result of the ACP's management of the
Grand Alliance members Hapag-Lloyd (HL), Nippon Yusen Kaisha (NYK) and Orient Overseas Container Line (OOCL), along with Partner ZIM Integrated Shipping Services Ltd (ZIM) are pleased to jointly announce the new co-operation with Hyundai Merchant Marine (HMM) within the Trans-Pacific All Water sector. The South China East Coast Express 2 (SCE2) will be launched on 12th May 2011, in conjunction with the enhancement of the established South China East Coast Express (SCE)
International marine lubricant supplier Total Lubmarine secured a contract to supply lubricating oil to the Miraflores power plant in the Panama Canal. This installation is located near the existing locks, a few miles from Panama City. Total Lubmarine’s innovative Talusia Universal lubricating oil will be used on two low-speed MAN B&W 12K80MC-S engines which will form part of the expansion of the Miraflores installation
The Panama Canal Board of Directors this week formally approved the development and construction of a transshipment port in Panama’s Corozal region. Upon completion, the port will have the capacity to handle more than five million TEUs within a 120-hectare area at the Canal’s entrance to the Pacific. The project is now awaiting the final step for approval from Panama’s National Assembly. The project is another example of the Canal’s continual commitment to
Container shipper Maersk Line has introduced its first direct service from Northern Europe to Cuba, beginning on Friday April 22 with the arrival of the 2,556 TEU containership E.R. Cape Town in the Port of Mariel, located 50 kilometers from Havana.
Carnival Vista, the new flagship of the fleet of Carnival Cruise Line, brand of the Carnival Group, was delivered today at Fincantieri’s shipyard in Monfalcone. The ship was presented yesterday evening during a ceremony which was attended, among others
China COSCO Shipping has won the draw for its container vessel Andronikos to make the ceremonial first transit through the Expanded Panama Canal during the waterway’s inauguration on Sunday, June 26. The vessel, which has a maximum capacity of 9,400 TEUs, is 8.25 meters in beam and 299
The Panama Canal has dismisses claims by the International Transport Workers’ Federation (ITF) that questions industry standards and the operation of the Expanded Panama Canal’s new locks. Claims made by ITF that new locks built for the Panama Canal expansion will be
The Panama Canal Authority (ACP) has announced that the Panama Canal Expansion will be officially inaugurated on Sunday, June 26, 2016. The announcement was made this morning during the inauguration ceremony of the Canal’s state-of-the-art Scale Model Maneuvering Training Facility
Taiwanese President-elect Tsai Ing-wen and Chinese President Xi Jinping have both been invited to the inauguration ceremony of the newly expanded Panama Canal on June 26. Tsai Ing-wen's invitation from its Panamanian diplomatic ally is drawing local media attention as Chinese leader
The Panama Canal has linked the Pacific with the Atlantic for more than 100 years. It will soon be possible for significantly larger ships to pass through its locks. What will the expansion mean for Hapag-Lloyd? They’re still working in Panama
The new, expanded Panama Canal is set to open soon. Hapag-Lloyd is preparing for the event by optimizing its fleet. Here, we show you what these new ships will look like. The new Panama Canal will usher in a new era in shipping between South America and Europe
Today, the Panama Canal began accepting transit reservations for Neopanamax vessels for commercial transits through the Expanded Canal starting on June 27, 2016. In light of the upcoming Expansion inauguration date, the Panama Canal will offer four additional slots per day for Neopanamax vessels
The Panama Canal began accepting transit reservations for Neopanamax vessels for commercial transits through the Expanded Canal starting on June 27, 2016. In light of the upcoming Expansion inauguration date, the Panama Canal will offer four additional slots per day for Neopanamax vessels
Wallenius Wilhelmsen Logistics (WWL) has introduced MV Theben, a brand new High Efficiency RoRo (HERO) class vessel, and third of eight new Post Panamax vessels to be launched from 2015-2017. Theben joins her sister vessels Thalatta and Thermopylae in the line of RoRo vessels taking advantage of
Danish shipping giant Maersk — the world’s largest container carrier — began its first ever connection between northern European ports and Cuba last Friday, promising the fastest freight transit times between Europe and the Cuban port of Mariel.
Last week, the Panama Canal participated as a part of the Panamanian delegation 69th Session of the International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC) meeting that took place in London. During this five-day meeting
1862 - Union Flag Officer David G. Farraguts fleet sails into New Orleans, La., after long preparation and fierce battles while passing through the Confederate defenses of Fort Jackson and Fort St. Philip the previous day. 1914 - In the first use of U.S
The Panama Canal will hold a draw on Friday, April 29, to select the first vessel which will transit through the Expanded Canal when it is inaugurated on Sunday, June 26. The draw will take place at the Panama Canal Administration Building and a Notary Public to serve as witness.