Container shipping capacity reaches 21.3 million TEU as trade lanes diverge
September 11, 2026
Panama Canal restrictions are prompting some shipowners to reconsider alternative routes around the southern tip of South America. While the Drake Passage and Strait of Magellan can help vessels avoid canal delays, both introduce additional navigational, operational and commercial risks. The choice of route can also create disputes between owners and charterers over safety decisions and pilotage costs. Why we […]
