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State partnership plan floated by Panamanian president could trigger significant losses for Hong Kong-based conglomerate, ...
A subsidiary of a Hong Kong conglomerate entangled in U.S.-China tensions appealed for legal protection for businesses ...
No international dignitaries came and news was barely reported: “The Panama Canal is open to the commerce of the world,” announced The New York Times, almost apologetically, on page 14.
Panama’s voters approved a 2006 referendum authorizing a major expansion of the canal to accommodate larger, modern cargo ships. The expansion took until 2016 and cost more than $5.2 billion.
In 1903 the U.S. sought a permanent concession for a canal from Colombia, which rejected the proposal. In response, the U.S. supported Panama’s independence, which was declared on Nov. 3.
The Cosco Shipping Panama is a 48.2-metre-wide, 300-metre-long behemoth that is one of the modern New Panamax class of mega-vessels that are seen as the future of global shipping and will now be ...
Panama's President Jose Raul Mulino, right, said Monday that the Panama Canal 'is and will continue to be Panamanian,' in response to U.S. President Donald Trump's comments about taking back the ...
Under Panama’s constitution, the canal is managed by the Panama Canal Authority, with some of the tolls going into the national treasury. The authority said last week that it had deposited almost US$2 ...
The Panama Canal. The world’s largest lock doors close behind me, heralding the start of a 12-hour transit across the isthmus of the Americas – the crossing of a continent by boat.
The Suez Canal, an alternate route for vessels travelling between the United States and Asia, has handled congestion issues “very well over the years,” making it “less of an issue, but obviously it’s ...