Financial Ports

Panama Canal Smashes Record as Hormuz Closure Reroutes 5% of Global Trade

CLAVE 1 / 4521 million tonnes of cargo moved through the Panama Canal in fiscal 2026, breaking the 2022 record.

CLAVE 2 / 4Daily transits were cut to 32 ships in September due to drought, then raised to 33.

CLAVE 3 / 4Revenue surged 16.6% to $6.6 billion as Hormuz closure diverted traffic.

CLAVE 4 / 4LNG transits nearly doubled in the first seven months of the year.

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