US EditionPanama Canal announces preferential treatment for low-carbon emission vessels
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2 Articles
Panama Canal announces preferential treatment for low-carbon emission vessels
The Panama Canal Authority (ACP) is launching a sustainability initiative by introducing the “NetZero Slot,” an exclusive transit quota for low-carbon emission vessels starting October 5, 2025, in a move to reduce the environmental impact of maritime trade.
New plans of the Panama Canal to strengthen the route
During his participation in the Maritime and Water Law Summit, held in this capital, the Minister for Canal Affairs, Jose Ramon Icaza, said that the planned investment amounts to eight billion dollars. As he explained in that forum, the strategy is to take advantage of the geographical position to compete in a sector that is growing rapidly. According to the official, already in 2021 a U.S. company approached the Government to explore the feasib…
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