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Rain brings relief ahead of Panama Canal's dry season

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Rain brings relief ahead of Panama Canal's dry season

The Panama Canal Authority raised their vessel transits per day to 24 due to unexpected rain in December, and plan to keep it that way until April, the end of the country’s dry season. Jose Arango, Senior Analyst with the Strategic Planning Division of the Panama Canal Authority spoke with S&P Global Commodity Insights LIVE about what’s to come, noting that the authority hopes to return to an average 36 vessel transits per day in May depending on water levels.

Mr. Arango was a speaker at the Caribbean Energy Conference held in Panama from January 28-31st.

Tags

  • Energy Transition

  • Shipping