Panama gives in as US pressure on Panama Canal intensifies
Under increasing US pressure, Panama has elected not to renew its belt and road (BRI) ...
Confidence in the Panama Canal to process container vessel transits appears to have completely bombed over the past week, and there have been widespread diversions of Asia-North America east coast sailings to Suez and Indian Ocean routes.
“Multiple carriers have revealed changes to imminent voyages by removing the Panama Canal, signalling a continued loss of confidence in the passage in the weeks to come,” eeSea operations and forecasting analyst Destine Ozuygur told The Loadstar.
“THE Alliance’s EC6 service, for example, has six ...
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