El Niño Exposes the Panama Canal’s Unresolved Water Problem
The waterway is cutting ship depth and daily crossings as rainfall and inflows stay well below average, forcing carriers to add surcharges and reroute cargo.
8 Articles
8 Articles
Last week, the Panama Canal Authority had already announced that due to the lack of water, the interoceanic route would reduce its traffic from 36 to 34 transits per day from 3 September, and then to 32 from mid-September.
El Niño exposes the Panama Canal’s unresolved water problem
El Niño is squeezing Panama Canal capacity as shipping costs rise. A long-delayed reservoir could strengthen water security, but Panama still faces difficult choices over displacement, costs and the canal’s future.
Asia-US container rates rise, tanker rates ex-USG steady; Panama Canal lowers draft limits - Cyprus Shipping News
Rates for shipping containers from east Asia and China to the US were mostly higher, liquid chemical tanker rates ex-US Gulf were largely stable, and the Panama Canal issued further drafts restrictions, highlighting shipping news this week. PANAMA CANAL The Panama Canal Authority (PCA) is lowering draft limits at its neopanamax locks beginning 26 August
A Severe Drought Is Straining the Panama Canal. Could Global Warming Make It Worse?
An El Niño-fueled drought is forcing the Panama Canal to reduce ship traffic, which could have profound impacts for businesses and consumers. By Kiley Price One of the world's most-used shortcuts is at risk as a severe drought plagues Central America.
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