Independent journal on economy and transport policy
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SHIPPING
In the second quarter, ship traffic in the Panama Canal grew by +9.6%, but fell significantly in June
The ACP introduces new restrictions on the draught of vessels and does not rule out reductions in the daily number of transits
Panamá/Balboa
August 7, 2026
If the lack of water resources that allow
the transit of ships in the Panama Canal is not yet
similar to the one that occurred at the turn of 2023 and 2024 which
had forced the authority that regulates ship traffic into the
Central American waterway to impose limitations on both the draught
of ships authorised to transit and their daily number,
however, today the situation seems to be directed towards a scenario
analogous.
In the second quarter of this year, the channel was
crossed by a total of 3,612 ships, with an increase of
+9.6% over the same period of 2025, of which 3,285 at high
draught (+11.9%), carrying a total of 73.2 million
tons of goods (+20.7%). However, this growth in traffic has
is carried out in the first two months of the quarter, as
The transits of 1,030 ships were recorded in June 2026, of which 975 at the
high draught, with slight increases of +1.0% and
+3.6% compared to June last year.
Currently, the Panama Canal Authority, for the purpose of
prevent any future critical situations, can
limit itself to imposing only limits on the draught of vessels
authorized for transit thanks to the water reserves accumulated in the
2025. So on Wednesday the authority announced two
new reductions in the maximum authorised draught for vessels
pass through the Neopanamax locks that will come into force on
next August 26, when the maximum draught limit will become
of 14.63 meters, and next September 3, when it will descend
further to 14.48 meters. These are the fourth and fifth measures
for the management and conservation of water resources introduced
by the Authority since the end of last year. If to date
The Authority limited itself to establishing limits on the draught
of ships, however, did not rule out future restrictions also on
daily transits of ships if the forecasts of the phenomenon
El Niño climate will be confirmed. The administrator
of the Panama Canal Authority, Ricaurte Vásquez
Morales, in fact, recalled that the forecast on the impact of the
phenomenon on the water reserves that feed the canal indicated the
last April that the likelihood of such an impact being
Severo was 25%, while last month it rose
to 81% in view of the lower rainfall expected.
Meanwhile, in the first half of 2026 the channel recorded
overall the transits of 7,343 ships, of which 6,463 at high
draught, with increases of +7.1% and +8.3% respectively on the
first half of last year. Ships transited
transported 145.1 million tons of goods globally
(+20,3%).
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