Rising fuel prices and Middle East tensions could boost traffic through the Panama Canal as shipping companies seek shorter, fuel-efficient routes, administrator Ricaurte Vasquez said. Higher energy costs may shift global trade routes and LNG shipments if Gulf disruptions continue
India is enhancing port infrastructure to support larger vessels and boost transshipment capacity. With ports like Vadhavan and Galathea Bay under development, the government aims to reduce dependence on foreign hubs and position India as a major transshipment center
