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The Panama Canal recorded its highest traffic in fiscal 2021, with 516.7 million PC/UMS tons transiting between October 2020 and September 2021. Containerships carried the largest share, and LNG tonnage rose 31.4%.
Administrator Ricaurte Vásquez Morales expects container traffic to stay similar in FY22.
Steady canal throughput supports US-bound container flows, but ongoing congestion keeps shipping capacity tight and freight costs elevated for grain and feed ingredient exporters.
pancanal.comRoberto RodríguezOct 21, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
