Welcome to the Panama Weekly News Roundup! Here’s the latest.
Fourth set of locks depends on water supply.
The construction of the fourth set of locks for the Panama Canal will largely depend on water supply, and if that problem is not solved we can forget about it although the demand is there says Canal Administrator Jorge Luis Quijano.
In an interview with the EFE News agency he said the construction of a fourth set of locks by 2025 had been considered and in September 2016 he had announced the constitution of a team to study the matter, which was conditioned by the “demand” of the market, but already the China Harbor Engineering Company (CHEC) had expressed interest in the work.
Source: Newsroom Panama
Loadstar LongRead: The Panama Canal
Since it opened its enlarged locks, the Panama Canal has won back all its market share of Asia-US east coast container traffic.
According to The Loadstar’s latest LongRead, the ability of lines to move far larger ships through the waterway’s locks, coupled with cut-price tariff incentives by Panama on the return leg of the journey, designed to encourage lines to convert round-the-world services into Asia-US East coast pendulum services, the canal has been successful at reversing the shift of vessel loops to Suez during the last five years.
Source: The Loadstar
Check out some of Panama’s best snorkeling hot spots!
By now it’s no secret that Panama offers endless opportunities for adventure. The list of pulse-pounding land- and sea-based activities available to visitors seemingly goes on forever, but one of the most popular is snorkeling. After all, it’s relatively easy to do but also extremely rewarding.
The diverse marine life in Panama, as well as the destination’s numerous coral reefs and renowned clear, turquoise waters, make it a snorkeler’s paradise.
If you’re looking to take a peek below the sea surface on your next visit, consider one of these fantastic spots:
Source: Travel Pulse
Top Five Expat-Friendly Areas of Panama City
If you’re planning on moving to Panama, chances are you’ve done some research on where to live. There are many expats all over Panama, and a variety of great expat communities in nearly every part of the country.
When it comes to population density, however, the greatest numbers of expats live in the capital, Panama City. Panama City is a bustling metropolis with many things to offer, whether you’re an expat or a local.
The city is growing at a breakneck pace, and each neighborhood offers something a little different. If you’re looking at moving to Panama City, and want to know where you should live, we recommend you visit first. That being said, here’s some solid info to get you started so you know what to look for once you’re here. Here are Panama City’s top 5 neighborhoods for expats: