Panama Canal transits down 21% in May

1,477Views 6Comments Posted 15/06/2020

Transits of the Panama Canal fell 21% , in May reflecting the impact of the coronavirus pandemic on waterway operations with a decrease in in world maritime trade.

May closed with a total of 937 transits, a reduction of 21% compared to what was projected at the beginning of the fiscal year in October 2019.

In April there were 1,222 transits. There were 163 cancellations in April, and  97 in May..

"During the first half of May, waiting times began to decrease and we observed a lower number of transits," said the canal administration.