Panama City - Page 3 of 11 - Shore News Network

Protests force First Quantum to reduce copper ore processing at Panama mine

By Sourasis Bose and Valentine Hilaire (Reuters) -First Quantum Minerals has reduced ore processing at its Cobre Panama mine as protests against the project block port access, the Canadian miner said on…

November 13, 2023

Panama Canal to slash booking slots due to drought over coming months

PANAMA CITY (Reuters) -The Panama Canal, one of the world’s main maritime trade routes, will further reduce daily ship crossings in the coming months due to a severe drought, the authorities managing…

October 31, 2023

Canada’s First Quantum slumps on Panama’s planned mine referendum

By Divya Rajagopal, Valentine Hilaire and Elida Moreno TORONTO (Reuters) -Shares in First Quantum Minerals closed down 28% on Monday after Panama’s government said it will hold a referendum on whether to…

October 30, 2023

Panama president asks voters to decide on contentious First Quantum mining contract

By Valentine Hilaire and Elida Moreno PANAMA CITY (Reuters) -President Laurentino Cortizo said on Sunday Panama would hold a referendum to decide whether to scrap a contract with Canadian miner First Quantum’s…

October 30, 2023

New York City Mayor Visits Southern Border as Migrant Crisis Escalates

NEW YORK, NY – New York Mayor Eric Adams embarked on a journey to the Darien Gap to address the increasing number of South American migrants. The mayor aims to deter migrants…

October 8, 2023

Number of migrants crossing Panama’s Darien Gap surpasses 400,000 to record high

By Elida Moreno PANAMA CITY (Reuters) – The number of people crossing the perilous Darien Gap linking Panama and Colombia has hit a record high of 400,000 in the year to September,…

September 28, 2023

Panama Canal to further reduce daily transits if drought continues

By Marianna Parraga and Elida Moreno PANAMA CITY (Reuters) -The Panama Canal could further reduce the maximum number of authorized daily vessel transits if this year’s drought continues, the waterway’s administrator said…

September 12, 2023

Panama announces new measures to curb record migration through Darien Gap

PANAMA CITY (Reuters) -Panama announced on Friday new measure to curb rising migrant crossings through the Darien Gap jungle region linking the country with Colombia, which reached an all time high this…

September 8, 2023

Panama Canal water levels at historic lows, restrictions to remain

By Elida Moreno PANAMA CITY (Reuters) – The Panama Canal’s water levels have not recovered enough as the end of the rainy season approaches and limits on daily transit and vessel draft…

September 5, 2023

Magnitude 5.4 earthquake hits Panama’s northern coast – USGS

PANAMA CITY (Reuters) -A magnitude 5.4 earthquake hit Panama some 37 miles (59 km) from the Caribbean island of Nargana, the United States Geological Survey said on Monday. Shaking was briefly felt…

August 29, 2023

Historic drought, hot seas slow Panama Canal shipping

By Lisa Baertlein and Marianna Parraga LOS ANGELES/HOUSTON (Reuters) – Before the Ever Max ship carrying lava lamps, sofas, Halloween costumes and artificial Christmas trees could make its inaugural Panama Canal voyage…

August 21, 2023

Panama Canal extends transit restrictions through Sept. 2

By Elida Moreno and Marianna Parraga PANAMA CITY (Reuters) – The Panama Canal Authority on Wednesday notified shippers it is extending through Sept. 2 restrictions for vessels to transit through the waterway…

August 16, 2023

Panama blasts Colombia for inaction on Darien Gap migrants

By Elida Moreno PANAMA CITY (Reuters) – The head of Panama’s migration agency lashed out at Colombia on Friday, slamming its southern neighbor for failure to help control the flow of mostly…

August 4, 2023

Migration through Panama’s perilous Darien Gap hits all-time high

By Elida Moreno PANAMA CITY (Reuters) – The number of people crossing the treacherous Darien Gap linking Panama and Colombia hit an all-time high in the first seven months of the year,…

July 31, 2023

Drought-hit Panama Canal restricts daily crossings in water-saving move

By Elida Moreno PANAMA CITY (Reuters) – The Panama Canal will extend restrictions on ships’ maximum depth, it said on Tuesday, and it has limited average crossings at one of the world’s…

July 25, 2023

Ricardo Martinelli: Panama ex-president sentenced to decade behind bars

By Elida Moreno PANAMA CITY (Reuters) -A Panamanian court sentenced former President Ricardo Martinelli to more than 10 years in prison for money laundering, the attorney general’s office said on Tuesday, threatening…

July 18, 2023

Exclusive-Panama expects to be struck off financial crime watch list in October

By Valentine Hilaire (Reuters) – Panama expects international financial-crime watchdog FATF to remove it this October from a watch list for nations deemed to be doing too little to fight money laundering,…

June 29, 2023

Panama pledges to purge more substandard ships from world’s largest registry

PANAMA CITY (Reuters) – The Panama Maritime Authority (AMP) said on Tuesday it would continue to clean up its fleet to prevent substandard Panama-flagged ships from being detained in foreign ports, a…

June 27, 2023

Panama Canal postpones depth restrictions after much-needed rain

By Elida Moreno PANAMA CITY (Reuters) – The Panama Canal will postpone depth restrictions that were set to affect the largest ships crossing the key waterway, the canal authority said, after much-needed…

June 23, 2023

Drought-hit Panama Canal further restricts maximum ship depth

By Elida Moreno PANAMA CITY (Reuters) – The Panama Canal will expand restrictions on the largest ships crossing the waterway, one of the world’s busiest trade passages, the canal authority’s administrator said…

June 21, 2023

Panama boosts security in Darien Gap to confront human traffickers

PANAMA CITY (Reuters) – Panama launched a police operation on Friday at its border with Colombia to fight organized crime and human smuggling linked to the growing flow of migrants crossing the…

June 2, 2023

Migration through Panama’s Darien Gap spikes despite US plan

By Elida Moreno PANAMA CITY (Reuters) -The number of people arriving in the treacherous Darien Gap linking Panama with Colombia soared in April and early May, Panamanian government data shows, dealing a…

May 10, 2023

US, Panama, Colombia agree plan to curb migration in Darien Gap

PANAMA CITY (Reuters) – The United States, Panama and Colombia will launch a two-month campaign to tackle undocumented immigration through the jungle region separating Colombia and Panama known as the Darien Gap,…

April 11, 2023

Panama sees limited risk from US, European bank problems

PANAMA CITY (Reuters) – Panama’s risk of contagion from banking woes in the United States and Europe is “very limited”, an official with banking regulator SBP said on Thursday, adding that local…

March 16, 2023

Panama gives Canada’s First Quantum go-ahead to operate port terminal

PANAMA CITY (Reuters) – Panama’s Maritime Authority has lifted a suspension on First Quantum Minerals’ operations at the port of Punta Rincon, which the Canadian company uses to export copper concentrate from…

March 13, 2023

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