CLAVE 1 / 4The Panama Canal Authority capped daily transits at 32 vessels in September 2026 due to drought, down from 34 earlier that month.
CLAVE 2 / 4A $5.3 million bid for a single transit slot on September 1, 2026, shattered the previous record of $4.6 million set weeks earlier.
CLAVE 3 / 4The median auction price for a Panama Canal transit slot was just $55,000 before February 2026—making the latest bid nearly 100 times higher.
CLAVE 4 / 4Charterparty terms, including laycan and redelivery clauses, are under strain as delays at chokepoints like the Panama and Suez canals disrupt global shipping…
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