Noted: An Increase in Transits through the Panama Canal Due to its ‘Attractive’ Route and the Conflict in the Middle East
Espino de Marotta explained that there has recently been a slight increase in the number of daily transits on the waterway. He detailed that they have currently been able to handle between 40 and 41 transits per day, above the usual average of 36.
The deputy administrator of the Panama Canal Authority, Ilya Espino de Marotta, noted that the conflict in the Middle East has had a positive impact on transit activity through the Panama Canal, because the increase in fuel prices makes the interoceanic route more “attractive” due to its shorter distance. The statements were made during his participation in a session of the Public Infrastructure and Canal Affairs Commission of the National Assembly, held at the Ascanio Villalaz Training Center. Espino de Marotta explained that there has recently been a slight increase in the number of daily transits on the waterway. He detailed that they have currently been able to handle between 40 and 41 transits per day, above the usual average of 36.
Panama Canal sees an increase in transits amid conflict in the Middle East.
