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Panama project should boost US shipping’s fortunes

By propertypanama0 on  From property-panama.com
Ships wide enough to fit through the Canal today are called Panamax. Those that will go through the wider Canal are called Post-Panamax. These larger ships were first used in the Far East, transporting goods through the Suez Canal to Western Europe. Later they added a route between Asia and the West Coast as commerce increased, particularly to and from China. U.S. ports on the West Coast — at Long Beach, Los Angeles and Oakland, Calif. — could take the larger ships. They already handle...Read Full Story

Panama Canal Expansion – Chance for Environment

By propertypanama0 on  From property-panama.com
Expansion of one of the world’s most important shipping routes brings with it a unique opportunity to reduce the carbon footprint of the marine industry, experts claim. Expanded sections of the Panama Canal are due to open in 2014 following an eight-year programme to widen and deepen the waterway in order to increase capacity for liner shipping. This will remove the breadth restriction of 32.2m (known as ‘panamax’ in the shipping industry) that has constrained ships using the canal since...Read Full Story

Panama Canal expert joins regional fight for risk reduction

By propertypanama0 on  From property-panama.com
Geneva - The dynamic new Vice-President of the National Assembly of Panama, Rony Araúz, is emerging as a leading advocate of disaster risk reduction in Central America following a career monitoring the passage of hazardous materials through the Panama Canal. He spent ten years working for the Emergency and Contingency Management Division of the Panama Canal Authority and now sees the introduction of a model Disaster Risk Management Law in Panama as key to re-assuring people concerned about...Read Full Story

Scott Focus Turning to Asian Markets in Advance of Panama Canal Expansion

By propertypanama0 on  From property-panama.com
Panama Canal | Credit: Shutterstock – Chris Jenner Florida’s much-traveled governor is expected to focus on Asia for at least one trade mission in 2013. With trade missions to Spain and Colombia, along with a summer trade exhibition planned for England in the works for this year, Gov. Rick Scott may be the state’s first governor to visit Japan and South Korea since former Gov. Lawton Chiles in 1997. “You can rest assured that Florida will become much more active in Korea in the years to...Read Full Story

Bigger Canal + Bigger Ships = Less Pollution?

By propertypanama0 on  From property-panama.com
The Panama Canal expansion will allow bigger ships with more cargo to pass from the Pacific to the Caribbean, which could result in less greenhouse gas emissions per volume of cargo shipped. Paul Stott and Peter Wright of Newcastle University believes the $6 billion canal expansion will allow new ships to be built beyond the 32.3 meter (106 feet) breadth restriction, known as the panamax. Wider ships can carry more cargo with proportionately less fuel, the researchers stated in the...Read Full Story
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