The Panama Canal Authority said it won an arbitration ruling on Friday for $265 million to be returned to it from the consortium that built a third set of locks for the key transoceanic waterway.
The Panama Canal recorded a revenue increase of 14.4% to $5.7 billion in fiscal year 2025, driven by container and LPG segments. Vessel transits also rose by 19.3%, while LNG volumes fell. The canal ...
Demand from China and other Asian markets for energy products that terminal expansions will accommodate is expected to double.
China is aggressively expanding its Latin American influence operation by taking on major megaprojects aimed at circumventing the Panama Canal, ...
Royal Caribbean executives have been dropping hints about this new, smaller class of cruise ships since 2023, and during a recent President’s Cruise event on board Utopia of the Seas, Royal Caribbean ...
Halifax is the only port on Canada's east coast equipped for larger ships. (Credit: PSA Halifax) Traffic at the Port of Vancouver, Canada’s gateway to China, is dwarfing that at the major East Coast ...
Neptune Robotics, which makes robots that clean the underside of giant ships, raised US$52 million to accelerate its artificial intelligence-fueled global expansion. The funding round is a step toward ...