JOURNAL ARTICLE

Panama Surprised by Higher Canal Traffic Amid Trump's Trade Wars.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: McDonald, Michael 3 of 3

Abstract

The article focuses on the Panama Canal's unexpected revenue growth despite forecasts of decline due to trade tensions under U.S. President Donald Trump. The canal's revenue increased by 8-10% in the first five months of fiscal year 2026, driven by strong U.S. demand for Asian goods, increased shipments of liquefied petroleum gas (LPG) to Japan and South Korea, and higher car shipments from Asia to the Americas. The Panama Canal Authority plans significant investments, including an $8.5 billion pipeline project to transport LPG and a $1.6 billion reservoir to secure water supply, with completion targeted around 2031. The authority is also adjusting port operations following the end of a concession with Hong Kong-based CK Hutchison Holdings Ltd., now temporarily managed by AP Moller-Maersk and MSC Mediterranean Shipping Company. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/03, pN.PAG
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2026
  • Accession Number:192156516
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