Panama Canal increases throughput, but China aggressively working alternatives

Nicaragua may have temporarily backed out of a deal to build an alternative, but China working alternatives aggressively with Mexico and Colombia

The weather and rain patterns have reversed a dangerous drought situation in Panama and brought the Madden Reservoir to historic high levels.

The transit rate is now 36 a day with a maximum draft of 50 feet (U.S. Aircraft Carriers (which can’t fit through the Canal) hit roughly 35 feet). This is good for business, good for Panama, and good for the Amer…