Panama Posts Slower Growth as West Coast Claims China Trade Growth — Panjiva


Panama Posts Slower Growth as West Coast Claims China Trade Growth

China 1760 Corp - Ports 661 Mode - Containerized 1005 Mode - Seaborne 1273 Theme - Canals 87 U.S. 3301

The Panama Canal saw a slowdown in traffic in October with a 0.9% decline in shipments on a year earlier and volume growth that likely slowed to 4.3% on a year earlier from 13.3% in the second quarter. A slip in bookings to 66.9% of available Neopanamax slots may also indicate declining interest as well as routing uncertainties tied to the U.S. – China trade war. U.S. seaborne imports from China climbed at least 14.2% higher on a year earlier though east coast ports underperformed. Volumes inbound to Norfolk, Charleston, Savannah and Houston rose just 7.4% on a year earlier vs. 17....

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