# Dilemma for lines with Panama Canal move to reduce draughts

> The Panama Canal Authority is imposing extra draft restrictions while cutting rates for high-volume lines. Shipping lines are adding containership capacity on the Asia to US East Coast trade, which could undercut rising freight rates.

- Date: 2019-07-15 · published 2019-07-15T12:00:00.000Z
- Category: logistics · region Panama · magnitude low
- Page: https://feedsoft.ai/events/57987-dilemma-for-lines-with-panama-canal-move-to-reduce-draughts
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Extra capacity and canal draft limits mix bullish and bearish pressures on container and bulk freight, with limited direct effect on feed grain prices.

## Read by commodity

- OCEANFRT: neutral

## Sources

- tradewindsnews.com: https://www.tradewindsnews.com/boxships/dilemma-for-lines-with-panama-canal-move-to-reduce-draughts/2-1-637267

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.