Transits Through the Panama Canal are Down 10%

Ship capacity transiting through the Panama Canal was 10% lower between September 2024 and January 2025 than the 2019-22 average, measured in deadweight tonnes, according to the Baltic and International Maritime Council (BIMCO).

Even though there were no transit restrictions during this period, transits of dry bulk, LNG and, to a lesser extent, tanker ships have not recovered to their historical levels after a period, from June to September 2024, when low water …