19 Articles
19 Articles
Trade expert Ferdinand Rauch on the consequences of drought on the Panama Canal for Switzerland.
CANAPEP warns that the reduction in daily transit quotas of the Panama Canal requires strengthening the monitoring, coordination and resilience of the agro-export chains that transit through the interoceanic waterway.
Stan Shebs / Wikimedia Commons / CC BY-SA 3.0 The Panama Canal Authority has announced that daily shipping traffic will be reduced starting in September due to a severe drought caused by the El Niño weather phenomenon depleting vital water reserves. The restrictions on the waterway, which handles five percent of global maritime trade, follow a state of emergency declared by Panamanian authorities due to persistent water shortages. Daily ship pas…
Panama Canal Cuts Ship Traffic Due to El Niño Drought
The Panama Canal Authority is cutting daily ship transits in September as El Niño-linked drought threatens the freshwater supplies essential for the canal's lock system. The post Panama Canal Reduces Ship Transits Amid El Niño Drought appeared first on Business Elites Africa.
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