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The Latest Breaking News from Panama Canal

Greenland's PM says nation 'not for sale' as Donald Trump suggests US ownership again

Donald Trump has suggested for a second time the US should own Greenland

Evening Standard · Dec 23, 2024

Trump Renews Calls For U.S. Control Of Greenland And Panama

President-elect Trump's interest in Greenland, Panama Canal, and Canada sparks diplomatic tensions and challenges.

Who owns the Panama Canal and why does Trump want it?

In his inaugural speech Trump claimed the Panama Canal was a ‘foolish gift’ that should never have been made and vowed to take it back

The Guardian - AU · Dec 23, 2024

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Trump Suggests Regaining Control Of Panama Canal

President-elect Trump hints at reclaiming Panama Canal, focuses on economy and security in rally speech.

Donald Trump Criticizes Panama Canal Fees, Suggests US Takeover

The Panama Canal connects the Atlantic and Pacific Oceans and is an important route for global trade. President-elect Donald Trump criticized the United States for giving it up to Panama.

Latin Times · Dec 23, 2024

Panama president slams back at Trump’s takeover threat: Canal belongs to Panama, ‘not negotiable’

Trump also calls American ‘ownership’ of Greenland ‘absolute necessity’ for ‘security’

The Independent UK · Dec 23, 2024

Trump threatens to take back Panama Canal over ‘ridiculous’ fees

Trump also warns he would not let a ‘vital national asset’ for the US fall into the ‘wrong hands’

The Guardian - US · Dec 23, 2024

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Panama Asserts Sovereignty Over Panama Canal Amid US Tensions

Panama asserts sovereignty over the Panama Canal amidst US concerns. Trump suggests US control for fair pricing. Geopolitical tensions rise.

President-Elect Trump Suggests US Take Control Of Panama Canal

President-elect Trump proposes US control of Panama Canal citing concerns over fair operations and pricing practices. Experts skeptical about feasibility a...

Trump Threatens Panama: US Will Retake Canal If 'Complete Rip-Off' Fees Continue

President-elect Donald Trump has warned that the U.S. could take back control of the Panama Canal, accusing Panama of charging excessive fees on U.S. ships that are using the crucial waterway for shipping.

Latin Times · Dec 22, 2024

Trump threatens to take back control of Panama Canal over ‘ridiculous fees’

Trump also hinted at China’s growing influence around the canal, which connects the Atlantic to the Pacific oceans.

Al Jazeera · Dec 22, 2024

How the climate crisis threatens the Panama Canal – and the country’s future

Recent drought restrictions on the waterway cost the country $1bn. Now, newly appointed environment minister Juan Carlos Navarro must find a way to balance sustainability with economic growth

The Guardian - UK · Nov 7, 2024

Villagers are wary of plans to dam a river to ensure Panama Canal's water supply

The Panama Canal Authority is reaching out to communities that could be impacted if the Indio River is dammed to make a new reservoir ensuring the water supply needed to operate the Panama Canal

The Independent UK · Oct 23, 2024

Global supply chains are under pressure again. Will inflation start rising?

Conflict in the Middle East, a strike at US ports, problems at the Panama Canal … a rush of problems could create a crisis for exporters

The Guardian - UK · Oct 2, 2024

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The Independent UK · Jul 8, 2024

Ruling could permit a new reservoir for the water-starved Panama Canal, but it could take 6 years

A court ruling could permit the construction of a new reservoir to feed the water-starved Panama Canal, but building it might take six years

Latin Times · Jun 27, 2024

Panama Canal Agency Warns Water Shortage 'Is Not Over'

Unlike other waterways such as the Suez Canal, the Panama Canal, which usually handles about six percent of global maritime trade, operates with rainwater from the artificial lakes Gatun and Alajuela.

France 24 · May 17, 2024

Maritime transport slows in Panama Canal due to drought

Today the World Water Forum starts in Bali, where world leaders will discuss the sustainability of water resources for a week. To illustrate the issue of water management, we head to Panama. The Panama Canal, one of the world’s major maritime trade routes, has suffered a decline in its water…

International Business Times · Apr 16, 2024

Drought-hit Panama Canal To Ease Traffic Restrictions

The number of ships allowed through the drought-hit Panama Canal each day will be increased thanks to signs of an improvement in water levels, authorities said Monday.

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International Business Times · Mar 21, 2024

Panama Canal Administrator Hopes Traffic Normalizes By February 2025

Traffic through the Panama Canal could return to normal by next February, its administrator said, after record-low water levels limited the number of ships able to transit through the global pipeline.

Panama Canal to Maintain Transit Operations Until April

Stay informed with the latest update on the Panama Canal: Exclusive report reveals that there are no plans for transit restrictions until April.

Latin Times · Jan 19, 2024

The Panama Canal is Enduring One of its Worst Droughts and it Could Cost it up to $700 million

Severe drought has led to a significant decline in Panama Canal traffic, causing disruption to a vital global trade route

International Business Times · Jan 15, 2024

Red Sea, Panama Canal Send Container Freight Costs Soaring – What It Means For Global Economy And Wall Street

The Panama Canal drought causes severe shipping delays from Asia to the U.S. East Coast, particularly for heavy goods. Carriers are rerouting from trans-Pacific to trans-Atlantic via the Suez Canal, with alternate routes increasing transit times by 20-30%.

The Guardian - AU · Dec 22, 2023

Changing climate casts a shadow over the future of the Panama Canal – and global trade

Facing a near unprecedented ‘rainfall deficit’, the Panama Canal has been forced to restrict the number of vessels passing through it

International Business Times · Dec 19, 2023

Panama Says Its Canal Produced Record Revenue Despite Drought

The Panama Canal delivered $2.5 billion to the national treasury for last year's operations, the government said Monday, despite record-low water levels that limited ship transits.

The Independent UK · Dec 7, 2023

Christmas supplies at risk as Panama Canal suffers drought

Experts are concerned Christmas deliveries could be impacted by the major delays on the hugely important shipping route

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