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Containers Dry Bulk Tankers and Gas

Panama Canal has plenty of water but transits still below pre-drought levels

  • Average transits per day flat in June versus May; down 14% versus June 2022, prior to drought
  • Neopanamax containership transits fell from May highs and VLGC transits remained subdued
  • Bulker transits are up sharply vs 2024 but down vs pre-drought levels; LNG carrier transits are less than one-sixth of pre-drought levels

  • Analysis

Water levels are high and are expected to remain so, and the Panama Canal has posted a strong recovery from its drought lows. Nevertheless, its transit slots are not fully booked

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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