Panama Canal Ventures into Ports Business
Panama Canal Authority plans $8.5 billion investment including two LPG terminals to reduce canal reliance amid US-China rivalry and rising Asian demand, officials said.
9 Articles
9 Articles
Panama Reinvents Its Canal Game, Placing Logistics in Its Own Hands
The Panama Canal Authority has decided to build and own two new port terminals—one on the Atlantic and one on the Pacific—linked by a new liquefied petroleum gas (LPG) pipeline across the isthmus. This marks one of Panama’s most important infrastructure moves since it took full control of the canal from the United States in […]
Panama Canal Ventures into Ports Business
Panama Canal Ventures into Ports Business The Panama Canal is set to expand its maritime operations by entering the ports business, according to a Bloomberg report.Officials are preparing a tender for two new terminals, marking a significant strategic shift for the Canal's operations.This development is part of efforts to bolster the Canal's influence and capabilities in global shipping.
Panama Canal To Enter Port Business For The First Time Amid US-China Tensions
Image for representation purposes only The Panama Canal is preparing to enter the port business for the first time, announcing plans for two new terminals as tensions between the United States and China continue to escalate over the strategic waterway. According to Panama Canal Authority Administrator Ricaurte Vásquez, tenders will soon open for one terminal on the Atlantic coast and another on the Pacific. Both ports will be linked to a new liq…
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