Panama Canal Administrator Ilya Espino de Marotta presented plans to maintain reliable service and outlined long-term capacity projects, including the Río Indio reservoir, expected to begin construction in 2028. The canal projects 10,750 deep-draft vessel transits in fiscal 2027, while new container terminals are planned to add 5–6 million TEU of annual capacity.
The projects could expand future shipping capacity, but most are long-term and do not materially change near-term feed freight availability or prices.
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