Due to the Middle East war, the Panama Canal is witnessing an increase in shipping traffic
The war resulted in Middle East to increase the number of ships transiting The Panama Canal, according to an official in this waterway located between the Atlantic and Pacific oceans.
In the face of American and Israeli attacks, Iran closes Panama.
Elia Espino de Marotta, an official in the canal administration, told Telemetro: We were expecting about 34 crossings a day this year, but in the last two weeks we had 38, 39, 40 crossings.
Safe and short route
5% of global maritime trade passes through the Panama Canal, which is mainly used by the United States and China, and this route primarily connects the East Coast of the United States With Beijing, South Korea and Japan.
The official added: The Panama Canal is a safe and short route, and with current fuel prices, it still reduces costs.
But she warned that the passage of 40 ships a day is not sustainable in the long term given the limited space.
She added that by April, the canal should witness a renewed growth in the number of ships carrying liquefied natural gas, after it had declined due to the Russian invasion. For Ukraine.
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