Panama Canal Authority declutters fears of congestion with actual figures

Chamber of Shipping > Blog > News > International > Panama Canal Authority declutters fears of congestion with actual figures

The Panama Canal Authority (ACP) has clarified the congestion figures at both ends of the canal, countering recent reports of 200 ships waiting. The ACP’s updated data shows that there are currently 131 ships waiting, up by 45% from the average but down from 165 earlier this month. The average waiting time for unbooked transits is now between nine and 11 days, a 50% reduction from reports 10 days ago. The ACP emphasizes its commitment to transparency and accurate reporting, and the reduction in waiting times has been most significant for dry bulk carriers. The ACP had previously reduced daily transits by 20% due to water conservation efforts during an ongoing drought.

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