The Panama Canal increases the number of ships passing through it daily!

Recently, the Panama Canal Authority stated that starting from January 16, 2024, the number of ships passing through the canal per day will be increased from the current 22 to 24.

Previously, the Panama Canal Authority said in a statement that considering that October this year was the "driestest month" in the history of the canal and that the drought was previously expected to "likely worsen" in November and December, the Canal Authority had previously decided Gradually reduce the number of ships passing through every day.

That is, it will be reduced to 24 and 22 ships respectively in November and December this year, and to 20 and 18 ships respectively in January and February next year.

However, since the drought situation in November is actually "not as serious as October" and the previous water-saving measures and traffic restriction measures have achieved results, the number of ships that can pass daily will be increased to 24 in January next year.

The Panama Canal is an important global trade channel, associated with about 5% of global trade volume. According to data from the Panama Canal Authority (ACP), transit totals in November were down 22% from October.

Faced with the ongoing drought in the Panama Canal, ship operators appear to have learned their lesson. Rather than traveling to the Panama Canal without a reservation, they will take alternative routes, avoiding risks and reducing queues and waiting times.

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