AGP Executive Report
Last update: 10 hours agoCanal Operations: The Panama Canal has restored its previous priority order for reallocating Neopanamax transit slots, putting container ships first, and will allow preliminary inspections for its low-carbon vessel program outside Panama. Terminal Expansion: The authority plans to name prequalified bidders by year-end for two container terminals at Corozal and Telfers, a $2.6 billion project that could add up to 6 million TEUs of annual capacity; Maersk and MSC are among potential bidders. Sovereignty Dispute: Foreign Minister Javier Martínez-Acha rejected U.S. Defense Secretary Pete Hegseth’s claim that Washington and Panama jointly control the canal, stressing that Panama alone administers the waterway. Earthquake Recovery: More than 62,000 people remain affected by the magnitude 7.7 earthquake that struck on Oct. 9, with 2,731 still living in temporary shelters as damage assessments continue.
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