Panama Canal Authority Takes Control of Ports

Canal consolidation during expansion could support export stability, but producers should watch for scheduling or policy changes.

View of Panama Canal from cruise ship_Photo by Solarisys via AdobeStock_314732737.jpg

View of the Panama Canal from a cruise ship.

Photo by Solarisys via Adobe Stock

NASHVILLE, TENN. (RFD NEWS) — The Panama Canal Authority has taken control of key port terminals following a Supreme Court ruling, consolidating oversight of infrastructure critical to U.S. agricultural exports. The shift comes as the Authority advances plans to expand container capacity on both sides of the canal.

The ruling places affected terminals under direct Authority control, clarifying governance and potentially replacing prior concession arrangements. Canal officials indicate cargo operations continue, but oversight now rests centrally with the Authority.

In October, the Authority launched industry consultations for new Atlantic and Pacific container terminals, engaging major global operators including APM Terminals, DP World, and Terminal Investment Limited. The process includes feasibility studies and a competitive selection, with a decision on the concessionaire expected in the fourth quarter of 2026.

The expansion targets roughly 5 million additional TEUs (twenty-foot equivalent units) annually to address capacity constraints in the interoceanic zone. For grain, oilseed, and protein exporters routing through the canal, consolidated control during expansion may improve long-term reliability, though shippers will monitor timelines and operational adjustments.

Farm-Level Takeaway: Canal consolidation during expansion could support export stability, but producers should watch for scheduling or policy changes.
Tony St. James, RFD NEWS Markets Specialist
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Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

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