Pacific Maritime Magazine Online News for December 1, 2015

Subscribe to Pacific Maritime Magazine

Canals in the News

The world’s two great inter-ocean canals, Panama and Suez, have been in the news lately, as has a proposed new inter-ocean canal across the country of Nicaragua in Central America. In Egypt a new by-pass lane connecting the Ballah and Deversoir bypasses, both built in the 1980s, has been completed under the project name “New Suez Canal.” This has given the sea level waterway the ability to handle two large convoys of about 45 ships each day, one northbound and the other southbound, rather than the traditional three smaller convoys…MORE
Tuesday, December 1, 2015

Have a news tip to share? Send an email to Mark Edward Nero


Story1TOTE Cargo Ship Loses, Regains Power

By Mark Edward Nero

A TOTE Maritime cargo ship that lost power and went adrift about 50 miles off the coast of British Columbia in late November is now back underway. (Read full article)

Story2Oakland Port Testing Night, Weekend Hours

By Mark Edward Nero

Despite a plan by the Port of Oakland to open all gates for night and Saturday hours not yet being approved by the Federal Maritime Commission, one port terminal has already moved forward with a trial version of the program at one of its terminals. (Read full article)

Story3Nicaraguan Canal Construction Delayed
By Mark Edward Nero

The developer hired by the Nicaraguan government to build an alternative to the Panama Canal, Hong Kong-based infrastructure development firm HKND Group, says it needs another year before it can begin constructing the $50 million project. (Read full article)

Story4Seattle Port Approves 2016 Budget
By Mark Edward Nero

On Nov. 24, the Port of Seattle Commission approved its 2016 budget, which includes an estimated $583.4 million in operating revenues and $335.4 million in operating expenses. The budgeted net operating income before depreciation is $248.0 million. (Read full article)

Pacific Maritime Magazine is published by Philips Publishing Group. All rights Reserved.

Philips Publishing Group

Tags: ,