Panama Canal Begins Process to Select Operator for New Terminals

Panama Canal Begins Process to Select Operator for New Terminals

The Panama Canal has launched what is expected to be a year-long process to select the operators for new terminals to be built at each end of the can...

Panama Canal Seeks Partners for New Port Terminals

Canal Launches Consultation with Global Maritime Players. Feasibility Study to Shape Panama’s Twin Terminal Projects. Concessionaire Selection Expected by Late 2026. The Panama Canal is kicking off a consultation process with representatives from the maritime industry to find potential partners for developing new port terminals on both the Atlantic and Pacific sides. This initiative mirrors the canal’s earlier gas pipeline project, inviting only…

Panama Canal Authority Unveils $2.6 Billion Plan To Build Two New Ports By 2029

Image Credits: Wikipedia The Panama Canal Authority (ACP) has announced plans to build two new port terminals worth US$2.6 billion by 2029 to increase capacity and stay competitive amid uncertainty over the future of Hong Kong–based Hutchison Holdings’ port operations in Panama. The two new terminals, Corozal on the Pacific side and Telfers on the Atlantic, will increase Panama’s container-handling capacity from 9.5 million TEUs to 15 million TE…

MSC ahead as race begins to develop new Panama Canal box terminals

December 2026 looks to be a pivotal period for transforming the Panama Canal, when the partners to develop new port terminals on the Atlantic and Pacific coasts of the waterway with the canal authority will be announced. Of the 22 operators and carriers participating in the consultation process, MSC could already be in the driving seat, given its concession for the partially built Atlantic coast Panama Canal Container Terminal (PCCT) and ... The…

Panama Canal to develop new ports on both the Atlantic and Pacific

The Panama Canal has launched a consultation process with representatives of the maritime industry to identify potential partners interested in developing port terminals on both the Atlantic and Pacific sides of the waterway. Following a process similar to that followed for the introduction of the gas pipeline project, the Panama Canal convened a group of …