Panama Canal reports record grain cargo transits
The Panama Canal is experiencing a strong grain shipping season with dry bulkers registering record grain cargoes during the first two months of the current fiscal year.
In October, a total of 5.2 million long tons of grains were transported through the waterway, the highest level recorded since October 2011.
“It is expected that grain cargo movements will continue firm until the grain harvest begins in the Southern Hemisphere and additional grain supplies enter to compete in the market,” said Panama Canal Administrator Jorge L. Quijano.
Source: Carbon Positive