19 December 2023
Freight News

Panama Canal Reverses Cuts in Daily Transits and Adjusts Reservations

The Panama Canal Authority is delaying some of the scheduled reductions in daily transits that it was planning to implement starting next month due to slight improvements in the reservoir’s water levels and, at the same time, further adjusting its system for reservations. The changes come as good news for the shipping industry, which is increasingly diverting vessels as the conflict in the Red Sea threatens to choke off a critical alternate route.

Read more in an article from The Maritime Executive

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