The operation of the Panama Canal is gradually returning to normal!
The Panama Canal Authority (ACP) has resumed normal operations after more than a year of drought
related difficulties and has increased the maximum authorized draft for ships allowed to pass through
larger new Panamax locks by 30 centimeters to 14.94 meters.
On Monday, the canal will increase its daily frequency to 35 and plans to increase it to 36 next month.
In July, the volume of bulk cargo transported through the Panama Canal reached 7.2 million
deadweight tons, the highest level since October last year, thanks to a steady increase in the
supply of transit space. Clarkson Research described this as "encouraging news" for exporters
ahead of the upcoming Panama Canal and a bountiful harvest of US food.
ACP has set itself a six-year deadline to complete the construction of a massive new reservoir along
the Indus River, costing $1.6 billion, to help ensure water security in the coming years and enable this
important waterway to sustain at least 36 crossings per day.