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Panama Canal Administrator Ilya Espino de Marotta presented the canal's reliability strategy at the Houston International Maritime Conference. The canal is operating near normal with 34 daily transit slots and a 50-foot draft for neopanamax vessels, despite rainfall 25% below average from May to September.
The period of greatest water pressure is expected between February and May 2027.
Transit capacity at 34 slots keeps Gulf-to-Asia grain and feed ingredient flows functioning, but tighter water conditions in early 2027 could curb transits and raise freight costs for US and South American exporters.
worldports.orgCarlos NievesNov 13, 2026Not 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.
