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Panama Canal Busier

(TradeWinds)

The Panama Canal has logged higher ship tonnage figures for its financial year ending 30 September.

The key waterway said it registered 326.8m Panama Canal tons (PC/UMS) in the period, compared to 320.6m PC/UMS tons the year before.

It said the increase was mainly driven by bulkers, which saw an 18.2% spike at 85.9m PC/UMS tons, up from 72.7m PC/UMS tons in 2012/13. Read more here.