Forty-eight point five feet is the new maximum draft for Neopanamax vessels by mid-August.
Panama’s tourism spend gets a lift from transit travelers
Panama says international visitor spending has increased as more travelers use Panama City as a stopover. That’s the kind of tourism stat that says the airport bench is doing better business than some beaches.
Gobble's Take: A layover economy is still an economy — especially when the travelers are apparently spending more while passing through.
Source: PanamaTimes
The Canal is tightening the screws on ship drafts
The Panama Canal Authority will reduce the maximum authorized draft for Neopanamax vessels to forty-eight point five feet by mid-August and introduce additional water management measures. For anyone moving through the canal, that’s not trivia — it’s the rulebook changing under the keel.
Gobble's Take: When the canal trims draft limits, everyone from carriers to canal-watchers feels the squeeze.
Source: PanamaTimes
Tomorrow: by mid-August, the Panama Canal Authority will reduce the maximum authorized draft for Neopanamax vessels to forty-eight point five feet
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