Panama Canal Shrugs Off Trans-Pacific Shipping Slowdown — Panjiva
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Panama Canal Shrugs Off Trans-Pacific Shipping Slowdown

Mode - Seaborne 1273 Theme - Canals 87 U.S. 3297

Shipping activity through the Panama Canal grew 2.2% year over year in February, with an increase in shipments of the large neopanamax vessels increasing by 6.8%. The marked slowdown seen in U.S. imports in February does not appear to have had an impact on the Canal’s operations yet. While U.S. imports from the largest eight Asian exporting markets fell 6.6% in February, shipments to ports east of the Canal increased by 1.2%. Growth in shipments to the east coast ports has outpaced that to the west in nine of the past 12 months. That indicates shipping lines are continuing to take increa...

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