Ports & Trade Routes
Panama Canal Banks a Hormuz Windfall—The Lesson for Southern Africa's Gateways
When the Strait of Hormuz effectively closed in February 2026 following the US-Iran conflict, global energy and shipping flows did not vanish—they moved. The Panama Canal captured a surge of diverted traffic, recording its highest revenues in years. But the real lesson for shipowners, suppliers, and
7/3/2026