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Panama Canal Chaos: 70% More Ships Reroute via Magellan Strait

CLAVE 1 / 470% year-over-year surge in ships rerouting via the Strait of Magellan in August and September.

CLAVE 2 / 4Panama Canal cuts daily transits to 9 for Neopanamax locks, causing 5.5-day delays.

CLAVE 3 / 4$5 million record prices paid for transit slots as carriers scramble to avoid bottlenecks.

CLAVE 4 / 460,000–65,000 GT vessels lead the diversion, including LNG carriers and containerships.

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