Suez Surges Ahead of Panama, Both May See Lower Volumes if Trade Truce Holds — Panjiva
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Suez Surges Ahead of Panama, Both May See Lower Volumes if Trade Truce Holds

Global 722 Mode - Seaborne 1273 Theme - Canals 87

Traffic growth through the Suez Canal accelerated to 6.8% in October from 4.7% in the second quarter, reaching a one-month record for the number of vessels using the canal in the month of October. That was helped by improved growth in both tanker and container carrier transits. The growth in global trade seen in October will have helped, while the Suez Canal also took a larger share of that growth from the Panama Canal which saw a 0.9% decline in vessel transits. In the near-term the 90 day tariff raising truce between China and the U.S. may reduce exports trade to / from the U.S. east c...

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