Panama Canal Dry Spell Alters Course for Pecém Port Operations

The Pecém Port is now dealing with the effects of a drought in the Panama Canal, which caused increased cargo traffic and a 20% increase in activity during the dry season in the Amazon. The primary route connecting the Atlantic and Pacific Oceans is experiencing a dry spell, with October being the driest since 1950.

However, according to the Pecém Complex Management, the effects will not be direct. “We don’t have a direct route from Pecém through the Panama Canal or the American West Coast to Pecém. However, we have some customers (importers and exporters) in the Brazil-Asia trade, Brazil-US West Coast, and Brazil-Mexico, who may experience additional delays in the transit time of their products due to a possible detour in the maritime route, involving longer and consequently more expensive segments,” they informed.

Some vessels need to circumnavigate the American continent to reach their destination. Last week, MSC Brazil reported an increase in the tariff to $140 per TEU due to rising fees and restrictions in the Canal. “The flow of this cargo arriving at Pecém today comes through transshipment at the Ports of Manaus, Suape, and Santos,” noted the Pecém Complex.

Source: O Povo

To read the original news text, visit: https://mais.opovo.com.br/colunistas/armando-de-oliveira-lima/2023/12/05/pecem-sofre-efeitos-da-seca-no-canal-do-panama.html

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