Panama’s Canal could move about 5 to 6 percent more cargo than forecast in the 2014/15 fiscal year, which ends Sept. 30, the administrator of the waterway said on Saturday.

Jorge Quijano, head of the Panama Canal Authority, told reporters he expected to close the year with more than 330 million tons of cargo, above the 319 million predicted, though he did not specify how much higher the final figure would be.

Quijano said business had benefited from strikes in U.S. ports, grain shipments from terminals in Louisiana to Asia as well as brisk trade in liquid petroleum gas and autos.

Looking to 2016, China’s recent devaluation of the yuan would complicate trade, but cargo volumes should still grow next year, Quijano added. “Maybe not as much as we were hoping, but I think we’ll have growth,” he said. (Reporting by Elida Moreno; Editing by James Dalgleish)