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suez canal

COVID-19: Suez Canal tonnage drops in May 

  Egypt’s Suez Canal has recorded an overall tonnage of 94.8 million tons in May, down from 104.9 million tons in the corresponding month in 2019 due to a decline...

Panama Canal

Panama Canal handles record tonnage in 2019

  The Panama Canal has closed the 2019 fiscal year with a record tonnage of 469 million Panama Canal tons (PC/UMS), a 6.2 percent increase compared to the previous...

Shipping-tanker

Tanker shipping market to improve on tight tonnage ahead of IMO 2020

The global tanker shipping market may face “greater inefficiencies” in terms of having available tonnage as the IMO 2020 deadline draws near, due mainly to vessels...

Panama Canal sets new tonnage record

Panama Canal sets new tonnage record

The Panama Canal has set a new annual record for the total amount of tonnage that passed through the waterway over the course a fiscal year, recording a total tonnage...

Panama Canal sets new annual tonnage record

Panama Canal sets new annual tonnage record

The Panama Canal closed its 2018 fiscal year (FY 2018) with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), marking a 9.5 percent increase from 2017. The...

Panama Canal sets new monthly tonnage record

Panama Canal sets new monthly tonnage record

For the third time since its inauguration, the Expanded Panama Canal set a new monthly tonnage record of 38.1 million tons (PC/UMS) in May 2018. During the period, the...

Hadiza Bala Usman

NPA to review guaranteed minimum tonnage, dollar payment by operators 

Nigerian Ports Authority (NPA) has expressed readiness to review its policy on guaranteed minimum tonnage (GMT) and payment of dues to it in dollars by port terminal...

Panama Canal

New tonnage record for Panama Canal

The Panama Canal set a new daily tonnage record in February 2017 of 1.18 million Panama Canal tons (PC/UMS) after welcoming a total of 1,180 vessels through both the...

New tonnage record for Panama Canal

The Panama Canal set a new daily tonnage record in February 2017 of 1.18 million Panama Canal tons (PC/UMS) after welcoming a total of 1,180 vessels through both the...