Activity through the Panama Canal sprang back to life in December, Panjiva analysis of official data shows. Shipments increased 1%, though volumes likely jumped 38% when adjusted for vessel capacity. Bookings accounted for 75% of neopanamax slots up from 48% a month earlier. One note of caution: there were only 8 hours of outages vs. 5 days last year. Panama continued to beat the Suez Canal, though volumes there were flat on a year earlier after nine months of declines. The effect of the Panama Canal expansion can be seen in U.S.-bound shipments – southeast ports increased their share of...