Panama Canal

Rising shipping costs hit global trade hard

The offshoot conflict in the Red Sea has meant higher freight costs and increased expenses for insuring commercial trade goods.

Panama says its canal produced record revenue despite drought

The Panama Canal delivered $2.5 billion to the national treasury for last year's operations, the government said Monday, despite record-low water levels that limited ship transits.

July 10, 2024
July 10, 2024

Rising shipping costs hit global trade hard

The offshoot conflict in the Red Sea has meant higher freight costs and increased expenses for insuring commercial trade goods.

December 19, 2023
December 19, 2023

Panama says its canal produced record revenue despite drought

The Panama Canal delivered $2.5 billion to the national treasury for last year's operations, the government said Monday, despite record-low water levels that limited ship transits.