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Canal transits rise, with all quiet on the (Panamanian) geopolitical front

  • Trump is focusing on America’s role in the Western Hemisphere, but has not mentioned Panama recently
  • Panama’s president says the relationship with the US has been ‘rebuilt’; he reiterated that the canal ‘will always remain Panamanian’
  • Transits through the neopanamax locks increased 10% m/m in December, driven by higher VLGC traffic; panamax locks transits rose 5% m/m

Despite the geopolitical chaos in the Western Hemisphere, it is still business as usual at the Panama Canal. Traffic was up in December in both locks systems

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