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Panama Canal Not Affecting Port of Oakland Volumes

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Three months after the inauguration of the Expanded Panama Canal, the Port of Oakland said that the widened waterway is not affecting its business as its vessel traffic has gone up since the opening of the new locks.

The Port received 310 vessel calls in July and August, the first two months of operation for Panama’s enlarged waterway.

The number marks an increase of 12 percent in vessel traffic, compared to the same months in 2015 when 276 ships visited Oakland.

“The trend refutes warnings that larger ships would detour around the U.S. West Coast given Panama access,” the port said.

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