December 12, 2018

The Panama Canal welcomed its 5,000th Neopanamax vessel through the waterway on Monday.
The COSCO Faith container ship transited southbound from the Atlantic to the Pacific Ocean. The vessel has a 13,345 total TEU allowance (TTA) and measures 366 meters in length and 48.2 meters in beam. The COSCO Faith is part of Ocean A...

June 20, 2017

Opening a direct passage between the Atlantic and Pacific Oceans, the Panama Canal was a game changer for maritime trade 103 years ago. One year after the completion of its expansion project, the canal is now open to 80 percent of the world fleet tonnage.

On June 26, 2016, COSCO Shipping Panama slowly glided along the 427- b...

March 19, 2017

The Panama Canal Authority has welcomed the 1,000th Neopanamax vessel through the waterway, less than nine months after the inauguration of the Expanded Canal.

On Sunday, March 19, the container ship Mediterranean Shipping Company's MSC Anzu made the historic 1,000th transit through the Expanded Canal, heading northbound fro...

January 30, 2017

The seven-year-old Hammonia Grenada, delivered in 2010, has taken pole position as the youngest container ship ever sold for scrap. The previous record-holder, the Panamax Rickmers India, was delivered in 2009 and sold to shipbreakers last month. A brokerage data firm reported a sale price for the Grenada of $315 per LDT, o...

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