1% Cargo Increase in 2020 As Lockdown Effects Panama Transit

Capt. John

According to a Safety4Sea report, cargo traffic via the Panama Canal increased by a less than expected 1% during this year, as the coronavirus pandemic affected global trade.

  • According to the news agency, Xinhua, Panama Canal closed fiscal year 2020 with 475.1 million tons of cargo transit, up 1% in comparison to the cargo volume of the previous fiscal year.
  • What is more, Panama Canal Authority (ACP) marked a 4% drop in tonnage compared to projections, and a 2% reduction in transits to add...

https://mfame.guru/1-cargo-increase-in-2020-as-lockdown-effects-panama-transit/

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