Tanker transits shoot up 8 per cent to push Panama route to full capacity

Panama Canal traffic has risen sharply since the beginning of the year, as disruption in the Strait of Hormuz pushes more energy cargoes from the US towards Asia and Pacific markets. According to BIMCO, ship transits through the canal have increased by 8 per cent year-on-year, reaching an average of 38 vessels per day, with […]