Panama Canal To Cut Ship Transits Again Due To Severe Drought Linked To El Niño
13 Articles
13 Articles
The Panama Canal will once again reduce its traffic from October, due to the lack of water caused by the climate phenomenon El Niño. This restriction comes as this strategic maritime route works almost at full capacity, especially due to the disruptions in the Middle East. With economic consequences that can go up to the price of the goods.
The level of the channel has decreased by El Niño and has forced the authorities to alert the whole country
A prolonged restriction in the transit of ships due to the drought affecting the Panama Canal, could affect the competitiveness of exporters and importers in the country.This was explained by the Association of Shipowners of the Dominican Republic (ANRD), which indicated that limitations on the interoceanic track due to the reduction of draught, as a result of the effects of the El Niño phenomenon, represent a risk for certain corridors of Domin…
www,finanzasdigital.com From this Tuesday, the Panama Canal decreases to 32 its daily transits, compared to a usual average of 36, in the second...
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