Panama and Suez canals sense revival

TRAFFIC through the Panama Canal declined 2.8% in the third quarter. While general cargo and vehicle carrier transits were both up compared with the same period last year, dry bulk, containers and reefer cargo and passenger ships all decreased slightly.

But despite the minor fluctuations, Panama Canal Authority vice-president Manuel Bentez said the third-quarter figures indicated a return to stability in the market.
“We expect to see these same trends into the last quarter of this fiscal year,” said...

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