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The expanded Panama Canal marked its 1,000th Neopanamax transit on March 19, 2017, with the MSC Anzu. The canal now averages 5.9 Neopanamax transits per day.
Steady Neopanamax traffic supports efficient grain and container routing between US Gulf, Pacific and Asian markets, a mild bearish factor for freight costs.
gcaptain.comMike SchulerMar 20, 2017Not 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.
