It's too congested! 22 container ships waiting in line!

2023-11-30

According to the latest news from foreign media, due to the measures taken by the Panama Canal to deal with low water levels, the daily

transit volume has decreased, and there are more and more queues of ships. Congestion began to intensify, with 22 container ships waiting

at the Panama Canal anchorage as of Nov. 26, the highest ever recorded, 14 of which were neo-Panamax vessels.


In addition, on November 25, the Panama Canal Authority will again put up a public auction for the "right to cut in line". In the end, a cargo

ship won the bid for US$1.1 million (about 7.8 million yuan), while its starting price was US$55,000. It also has a direct impact on the overall

operating costs of shipping companies, and shipping companies such as COSCO, HPL, CMA, MSC and other shipping companies have issued

notices related to the imposition of Panama Canal surcharges.


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