Panama Canal Wins $193 mln Arbitration
The head of the Panama Canal Authority said on Monday a Miami-based arbitration board rejected a demand by Spanish-led GUPC consortium for $192.8 million to cover cost overruns during the building of a third set of locks for the century-old waterway. GUPC or Grupo Unidos por el Canal includes Sacyr SA of Spain, Impregilo of Italy, Jan De Nul of Belgium and Constructura Urbana of Panama. The authority's chief executive, Jorge Quijano, announced the ruling in a post on his Facebook page.
Port Security Tightens
U.S. PORTS: Security measures have been imposed at ports around the United States. Masters should therefore be prepared for a more extensive security control of their vessel prior to calling at US ports. PANAMA CANAL: The Panama Canal Authority (PCA) has advised that security has been intensified but the transits remain unchanged. SUEZ CANAL: The Suez Canal Authority (SCA) confirmed on 12 September that Suez Canal movements are normal. Sources: Worms Services, Paris; C. Fernie & Co., S.A., Cristobal (Source: INTERTANKO News)
Various Ports Instill Security Measures
Security measures have been imposed at ports around the United States. As a result, Masters should therefore be prepared for a more extensive security control of their vessel prior to calling at U.S. ports: PANAMA CANAL: The Panama Canal Authority (PCA) has advised that security has been intensified but the transits remain unchanged. SUEZ CANAL: The Suez Canal Authority (SCA) confirmed on September 12 that Suez Canal movements are normal. Sources: Worms Services, Paris; C. Fernie & Co., S.A., Cristobal
Panama Canal – Request for Formal Accident Investigations
The Panama Canal Authority issued an Advisory reminding masters and owners and operators of vessels transiting the Canal of the procedure to be followed when requesting that a formal investigation be conducted by the Canal Authority Board of Inspectors with regard to a marine accident that has occurred within Panama Canal waters. Such requests must be made in writing and delivered to the Canal Port Captain’s office. Advisory No. A-01-2006 Source: HK Law
Trial Operation for New Suez Canal to Begin This Week
The CEO of the New Suez Canal’s dredging works Wagdy Zaki has said that all preparations have been made to start the trial operation for the New Suez Canal next Saturday. He also said that the head of Suez Canal Authority Gen Mohab Mamesh is following up the trial operation’s measures. The new Suez Canal shipping-route project will be completed before Saturday, according to Mohab Mamesh, head of the Canal Authority. On Sunday, 97.2 percent of the project was completed, Mamesh said. Up to 254.740 million cubic meters of water-saturated sand have been dredged so far, the report said.
Panama Canal Issues Advisory on AIS
The Panama Canal Authority issued a maritime advisory stating that, effective July 1, 2003, vessels over 300 gross tons or over 20 meters LOA must be equipped with an automatic identification system (AIS) transponder that meets IMO standards. Until January 1, 2005, when the AIS requirement comes fully into effect, portable AIS units may be rented from the Canal Authority. Owners and operators are reminded of the requirement for installation of a Pilot Plug and power source for AIS use by the Canal pilot.
Panama Canal Infrastructure to be Valued by VRC
Leading provider of independent valuations, Valuation Research Corporation (VRC) says it has been engaged by the Panama Canal Authority to value the locks, dams, power plants and other structures of the canal for insurance purposes. This is VRC’s second valuation engagement with the authority. In 2004, VRC was engaged to provide a comprehensive valuation in connection with financing the Canal’s expansion. “We are very pleased to once again work with the Panama Canal Authority,” said Richard Nordberg, Managing Director.
Damen Delivers Dredger to SCA
Damen Shipyards Gorinchem delivered the Cutter Suction Dredger “10th of Ramadan” to the Suez Canal Authority (SCA). In 2002 the contract for delivery of the design, materials, components and building supervision was signed. Port Said Shipyards, a shipbuilding department of the Suez Canal Authority, was appointed to build the vessel. Engineering started immediately after contract signing. After finalizing the engineering, a committee of the Suez Canal Authority came to the Netherlands to inspect the drawings. After carrying out the required amendments in the drawings, the purchase of steel kits, equipment and systems followed. After inspection by Bureau Veritas (BV), the steel materials for the construction of the hull were supplied at the end of 2002.
Panama Canal Security Plan
The Panama Canal Authority issued an Advisory stating that, effective May 1, container ships must have their General Arrangement Plans and Cargo Securing Manuals available upon arrival to be presented to Canal Authority boarding officers. Ships may submit electronic copies of their General Arrangement Plans in advance of arrival. Advisory 10-2005 (HK Law)
Panama Canal Authority Proposes Changes to Pricing System, Regulations
On January 25, 2007, the Panama Canal Authority's (ACP) Board of Directors gave authorization to proceed with a formal proposal to restructure the Canal's pricing system and certain regulations. The proposal was officially published today and can be accessed at http://www.pancanal.com.
ACP Reaches Milestone in Canal Expansion
Panama President and Canal Authorities Commemorate New Milestone in Canal Expansion Work. Panama President Ricardo Martinelli witnessed a new milestone at the Canal Expansion with the filling of a segment of the new access channel that will allow the transit of Post-panamax vessels between the new Locks and the Culebra Cut. Panama Canal Authority Board of Directors Chairman and Canal Affairs Minister Rómulo Roux and Panama Canal Authority Administrator Alberto Alemán Zubieta accompanied…
Suez Canal Authority Goes for Major Communications Upgrade
Provider of business collaboration and communication solutions, Avaya, says it has signed a major deal with Cairo ICT 2013, which enables the Suez Canal Authority to move their full 15,000 communications ports to Avaya Aura® Communication Manager. In a move towards complete unified communications the Suez Canal Authority will be able to improve employee mobility, centralizing the communications network with Modular Messaging technology that can 'find' employees and coordinates messaging across sms, email and voice services.
PSA Starts Expansion Work on 2m teu Panama Terminal
Singapore-based port operator PSA Panama International Terminal (PSA Panama) has started a USD 400 million expansion of its container terminal located on the west bank of the Panama Canal Pacific. It has started on the expansion after being granted approval by the National Assembly, the Panama Canal Authority ACP, the Panama Maritime Authority and the Panamanian State. The expansion is targeted to be ready for operations before the end of 2016, in conjunction with the commercial opening of the expanded Panama Canal.
Panama Canal Shipboard Oil Pollution Emergency Plans
The Panama Canal Authority issued an Advisory stating that a new Section Four has been added to Chapter IX of the Regulation on Navigation in Panama Canal Waters. The new articles require vessels transiting the Canal to have Panama Canal Shipboard Oil Pollution Emergency Plans (PCSOPEPs), among other things. The PCSOPEPs must include identification of the oil spill removal organization (OSRO) previously reviewed by the Panama Canal Authority and hired by the vessel to conduct appropriate cleanup tasks in the event of an oil spill. The PCSOPEP must be submitted for review by the Authority. The new requirements come into effect on January 1, 2004. Source: HK Law
GE Engines for Panama Canal Tugboats
This marks the third order by the authority for GE Marine engines to power its fleet. The first order for 26 GE Marine Model 12V228 engines was placed in 2008 to power 13 vessels that are now in service. A second order was placed in 2009 for an additional four Model 12V228 engines for tugs still being built. Marinsa International, the GE Authorized Distributor for Panama, will commission and install the engines and continue to support the operating fleet. GE Marine say their engines are designed for availability, performance and low life-cycle cost. GE’s global distributor network provides regional support and service for the portfolio of GE Marine engines. "These new tugboats are an important acquisition for the operation of the Panama Canal.
Suez Canal Temporarily Blocked
A statement by Admiral Mohab Mamish, Chairman of the Suez Canal Authority, explains reactions to the grounding of a Korean tankship. Suez Canal Authority Chairman, Amiral Mohab Mamish, stated that Suez Canal pilots and salvage teams supported by tugboats succeeded in refloating the Korean tanker Volga, 82,000 tons that grounded in the main channel at Km. 42 and blocked the Canal at 05:15 pm on 14, February 2013. Volga ran aground due to loss of power which led to engine and rudder failure.
88 Qatari Ships Carrying LNG Passed Suez Canal Last Year
Eighty-eight vessels from Qatar bearing cargoes of liquefied natural gas (LNG) used the Suez Canal in 2006. Of these, 74 were bound for Spain, six to France, five to Belgium and three to other destinations, according to Ahmed El Manakhly, Director of the Planning and Research Department at the Suez Canal Authority. With these vessels having a draft of around 40 feet, the Suez Canal would have more than adequate depth to allow them to pass through. Draft refers to a ship's minimum depth of water to float. The Suez Canal's draft is at 62 feet. In 2006, there were 287 LNG carrier trips via the Suez Canal, a number that will reportedly rise to 366, a combined capacity of 52.6m cubic metres by 2010. Tolls are collected on the basis of the size of the vessel.
Dignitaries Visit Panama Canal
Brazilian President, Luiz Inácio Lula da Silva in the company of President Martín Torrijos and the Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta at the Miraflores Locks control room. A week after Brazilian President Luiz Inácio Lula da Silva toured the Panama Canal with a delegation of Brazilian investors, El Salvadoran President Elías Antonio Saca visited the Canal as part of an official two-day tour to the country. Torrijos and the Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta. region’s trade. echoed Lula’s thoughts about this important project. on promoting cooperation agreements and Brazilian investments in the region. largest user of the interoceanic waterway by trade flow, according to 2006 ACP data.
Transit Cancellation Charges at Suez Canal
The Suez Canal Authority has announced that following the completion of the latest development phase, the rules of navigation edition August 2015 are in effect since 13 August. Booked transits may be cancelled or altered by notice to the Suez Canal Authority offices at least 12 hours before the booked date, otherwise, the vessel shall be charged for cancellation. For ULCCs, VLCCs, LNG carriers and similar vessels, the charge will be USD 3000, due to the special arrangements made, such as escorting by tugs, etc.
Suez Canal, the Fastest Maritime Corridor
Egypt's Suez Canal has maintained its classification as the most important and fastest maritime shipping corridor despite the economic challenges faced by the world in 2015 and 2016, reported Xinhua quoting head of the Egyptian Suez Canal Authority Mohab Mamish as saying. A statement from the canal's authority said on Sunday that its revenues stood at $2.938 billion from January to July. Its revenues jumped to $446.3 million in July from $427.2 million in June, according to Reuters' calculations. In July last year, revenues stood at $429 million.
ACP CEO Honored with Latin Trade Award
Top award acknowledges outstanding service in the Western Hemisphere. CEO of the Panama Canal Authority, Alberto Alemán Zubieta, will be awarded the Latin Trade BRAVO Business Award for Distinguished Service in the Hemisphere on October 28. With nine categories, including a Lifetime Achievement Award and Dynamic CEO of the Year, the BRAVO Business Awards are given to those playing a key role in improving Latin America’s economy, business and education. “I am humbled by this honor…
Panama Canal Plans LNG Terminal
The Panama Canal Authority (ACP), which administers the canal, is looking at building a Liquefied Natural Gas (LNG) import terminal near the Canal. The ACP has been awarded a US Trade and Development Agency grant to help fund a feasibility study for the project, which it is considering for when the expanded canal is opened next year and the waterway is expected to handle considerable liquefied natural gas tankers. A statement from the U.S. Trade and Development Agency says that…
Panama Canal Website Earns Award
The Panama Canal Authority (ACP) Web site (www.pancanal.com) received special recognition in the 2003 Golden @ Contest of El Salvador as the "Most Voted For Web site" by users in Central America. Accepted on behalf of the ACP by Roderick Guerra, Ambassador of Panama to El Salvador, the award was sponsored by Microsoft - El Salvador and El Diario de Hoy, a leading newspaper in El Salvador. Launched initially in August of 1998, and updated to the award-winning Web site version in December of 2000, Pancanal.com was constructed by an in-house graphics design team, executing the vision of Webmaster Leyla Raymondo and the ACP Corporate Communications Department.