09 Apr Conditions improve across The Panama Canal
Posted at 21:20h
in Freight Forwarding, Global Trade, Panama Canal, Shipping, Supply Chain
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Improved water levels have seen The Panama Canal Authority announce the opening up of three more daily transit slots (as of March 2024) to accommodate growing demand. These additional slots will increase the daily quota to 27, representing a significant increase from the daily limit of 18 adhered to throughout February.
Whilst decent rainfall throughout November and December has seen water levels improve, The Panama Canal Authority is continuing to closely monitor the situation and will update shipping conditions accordingly.
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