News / Extra ships slow to book via Panama Canal as Suez tries to lure back traffic with rebates

Photo: © Richardpross

Less than half a year since the opening of the expanded Panama Canal, large amounts of available capacity through its larger lock remain unused, according to shipping lines speaking at this week’s TOC Americas Container Supply chain event in held in Cancun.

The Panama Canal Authority has created slots for a total 12 transits per day for container vessels. But according to Matthias Dietrich, Hamburg Sud’s senior vice president for the Caribbean and Latin America West Coast region, less than a third ...