The ACP also announced an additional transit quota for the Panamax locks, the waterway's oldest, starting next Sept. 1, for 36 daily slots: 10 for neopanamax vessels and 26 for panamax vessels.

By 1939, more than 7,000 ships a year were traveling through the canal, but it did not turn a profit until the 1950s. In 1966, the lines at each end of the canal had grown so long that the ACP ...

Revenue: The ACP generates its revenue primarily through tolls charged to vessels transiting the canal. They also earn from various services such as tug assistance, line handling, pilotage ...

The number of crossing vessels was cut down from 38 to 22 on average between July 2023 and May 2024 The Panama Canal Authority (ACP) reported this week a 29.3% drop in passing ships during Fiscal ...

Panama Canal fees fall 15% in 2025 as capacity increases. Find the latest news from the maritime industry on the PortNews website.

President Donald Trump's concerns about Chinese influence on the Panama Canal have put the 51-mile trade artery under the spotlight in recent months. Amid Washington's fears that any potential ...

The Panama Canal is operated by the Panama Canal Authority (ACP), a Panama government agency ... At one point, Panama authorities said ship crossings were cut by 36% due to low water levels.