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2 mins read
These charts show how much traffic has plunged in the Suez and Panama canals — and the potential impact on inflation
The number of vessels passing through the Suez and Panama Canal have dropped by 50%, Apollo's chief…
Aruni Soni
5 mins read
I had the most luxurious stay of my life in Panama. Now, I want every tropical vacation to include a private island.
Business Insider's author stayed at Isla Palenque, an island resort in Panama, where days with natu…
Monica Humphries
2 mins read
The Panama Canal is so clogged up that a shipping company paid $4 million to jump the line: report
Japan's Eneos Group paid almost $4 million for expedited passage through the Panama Canal amid an u…
Mia Jankowicz
1 min read
The Panama Canal auctions more spots to jump the line amid a growing backlog of ships waiting to transit key waterway for commodities
The total amount spent by shipping companies this year to get an earlier spot in the line now total…
Aruni Soni
2 mins read
Panama Canal slashes the number of ships allowed through — drought means there isn't enough water in the channel
The Panama Canal restricted the number of boats that can cross a day after an unseasonably dry year…
Marianne Guenot
1 min read
The Panama Canal's water level is dropping thanks to a drought, throttling the number of ships that can get through
A drought in Panama has forced officials to limit the daily number of ships that can pass through, …
George Glover
2 mins read
2 gas tankers traveled across the Pacific but U-turned just short of the Panama Canal because low water levels have created a traffic jam
An intense drought has dried up the Panama Canal, restricting the number of vessels allowed to pass…
Aruni Soni
2 mins read
The congestion at the Panama Canal is so bad that one shipper paid $2.4 million to jump a line and get through the waterway: report
The congestion in the Panama Canal is closely watched because 40% of US container traffic passes th…
Huileng Tan
2 mins read
A huge traffic jam at the Panama Canal could take at least 10 months to clear up — and it'll likely screw up your holiday shopping
Supply chain visibility startup Project44 said the wait time for ships that haven't been booked wit…
Rebecca Cohen
5 mins read
A boomer who moved to Panama after years as a bartender in the Hamptons and New Mexico outlines the pros and cons of living in Central America
George Stumpp, a retired bartender, lives comfortably in Panama after working for years in New Mexi…
Noah Sheidlower
1 min read
More than 200 ships are in a traffic jam outside the Panama Canal, showing we can't get through a year without big boats getting stuck
In the past three years, at least one big boat has gotten stuck in a body of water each year: The E…
Rebecca Cohen
8 mins read
The US military is watching China's presence grow in Latin America, and it doesn't like where things are going
China's activity near the Panama Canal and the Strait of Magellan are the "two greatest concerns, s…
Christopher Woody
4 mins read
The Ever Given incident is a warning about what Russia and China are capable of, top Democrat warns
"We literally have the Chinese and the Russians who want to essentially create new chokepoints" aro…
Christopher Woody
2 mins read
A two metre-long crack on oil tanker New Diamond can likely pose a problem
Even as fire fighting efforts were underway on the blazing very large crude carrier (VLCC) New Diam…
3 mins read
Stranded Holland America cruise ship with 2 confirmed COVID-19 cases will be allowed to cross the Panama Canal
Holland America confirmed that four passengers have died on board the ship, while two individuals h…
Áine Cain
9 mins read
Why the world's favorite banana may go extinct, and how scientists are trying to save it
Cavendish bananas make up 99% of all banana exports. But the variety is vulnerable to a fungus that…
Abby Narishkin,Steve Cameron,…
2 mins read
Panama Canal blocks Holland America cruise ship with 138 ill crew members and passengers, and 2 confirmed cases of COVID-19 on board
Holland America's ship Zaandam arrived Friday, March 27 to Panamanian waters. Like all vessels that…
Áine Cain
4 mins read
The Ever Given crisis put mega ships under the spotlight. As vessels get bigger and more automated, a long-serving captain and other experts are weighing up the risks.
Shipping industry insiders say bigger ships, added automation, and smaller crews - as well as a dan…
Kevin Shalvey
1 min read
Take a look at the Panama Canal's historic transformation
However, if you thought the recent project may have been wrought with issues, imagine what the orig…
David Choi
1 min read
Watch this amazing time-lapse showing how ships get through the Panama Canal
A video released from the US Coast Guard shows how one of its vessels travels through the Panama Ca…