Tag: transit shipping
08
2023.12.08ONGOING PANAMA CANAL DROUGHT CONDITIONS LIKELY TO DRIVE FURTHER SURCHARGES
The ongoing drought conditions in the Panama Canal, the worst in 73 years, is disrupting the number of daily transits in the canal. The normal level of transits per day is around 30 to 40 vessels. The Panama Canal Authority plans to cut down the number of guaranteed booking slots to 18 by February 2024. […]
