Business as usual for Panama Canal as US pursues forceful Latin America stance
- America’s new National Security Strategy underscores an aggressive stance towards ‘non-hemispheric’ investments in ports and infrastructure
- There was an average of 33.5 transits per day through both locks systems in November, on par with levels in prior two months
- Neopanamax locks transits down 11% in November vs October, primarily driven by a decline in VLGC transits
On one hand, it has been several months since US President Donald Trump has talked about ‘taking back’ the Panama Canal. On the other, Trump’s new National Security Strategy implies that the geopolitical situation for the waterway could be dicey going forward
