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Panama Canal recovery from drought overshadowed by Trump threat

  • Four more neopanamax transits in January 2025 than in January 2023, pre-drought
  • VLGC transits via neopanamax locks in January were the highest in over two years
  • Panama Canal suffers from geopolitical uncertainty, courtesy of US President Donald Trump’s claim that he could ‘take back’ the canal

Now would normally be a time to celebrate the Panama Canal’s recovery from the water crisis that impaired global supply chains in 2023-2024. But it’s hard to celebrate when US President Donald Trump has yet to retract his threat of military action

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