The Panama Canal Authority has unveiled August operating figures while also confirming the start of a concession process for a new gas pipeline that will form part of a wider energy corridor along the interoceanic route. The details were outlined in an official advisory released by the ACP and reported by IAA PortNews.
In its Advisory to Shipping No. A-26-2025, the Panama Canal Authority outlined a three-stage concession process for the pipeline project, beginning with pre-qualification later this year and concluding in the fourth quarter of 2026. The initiative is presented as a strategic step to diversify revenue streams, strengthen the Canal’s role in global trade, and enhance Panama’s competitiveness.
President José Raúl Mulino emphasized the project’s importance during remarks in Tokyo, noting its potential to support economic growth while safeguarding the Canal’s sustainability. Alongside the concession announcement, August statistics showed daily averages of 32.2 vessel arrivals and 32.5 oceangoing transits, totaling 1,009 oceangoing vessels. Neopanamax ships accounted for 31 percent of this total, while Canal Waters Time averaged 21.6 hours.
Maintenance works at Panamax and Neopanamax locks were also highlighted, with further outages scheduled through December. The Energy Corridor plan includes additional projects such as transshipment terminals and logistics hubs in Corozal and Telfers. Economic projections estimate annual job creation of over 6,500 during construction and nearly 9,600 in operation, alongside significant contributions to state revenue and added value to Panama’s economy.
