"Since the start of July, Panama Canal bulker transits have fallen 22% y/y. Bulkers have faced increased competition for transit slots from other sectors, especially tankers, as the US has boosted energy exports to Asia. El Niño is also expected to lead to lower water levels…<p><p>https://www.marinelink.com/news/el-nios-sting-bulk-vessel-panama-canal-543023</p></p>