Growing Panama Canal congestion a rates ‘wild card’
2023-08-08 10:23

Growing Panama Canal congestion a rates ‘wild card’

by John Kuiyaki
Growing Panama Canal congestion a rates ‘wild card’

"Delays at the Panama Canal averaged about 15 to 19 days per vessel in the first week of August, with low water levels in the Gatun Lake restricting the numbers of fully-laden vessels able to make the transit. Effected by what it has described as an “unprecedented” drought, the Panama Canal Authority has shaved around 2 m off its maximum draft for its neopanamax locks as well as slashing the maximum amount of daily transits by 20% to just 32 voyages a day." See the original story at Splash247.

Source: Splash247