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Panama Canal fights drought with $8.5B plan to secure future trade

Summary by FreightWaves
As climate volatility intensifies, Panama Canal Administrator Ricaurte Vásquez says a new reservoir and diversified cargo infrastructure are essential to protect the canal’s future.
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FreightWavesFreightWaves

Panama Canal fights drought with $8.5B plan to secure future trade

As climate volatility intensifies, Panama Canal Administrator Ricaurte Vásquez says a new reservoir and diversified cargo infrastructure are essential to protect the canal’s future.

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FreightWaves broke the news in on Wednesday, November 5, 2025.
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