News

The drought also presents tough choices for Panama’s leaders, who must balance the water needs of the canal with those of residents. Image Vessels waiting to cross the Panama Canal. The passage ...
In the wake of a drought that hampered shipping, the Panama Canal’s overseers are eager to expand water storage. Climate change leaves them no choice. Visitors at the Panama Canal, the economic ...
An “unprecedented drought” is affecting the Panama Canal’s water supply and leading authorities to impose surcharges and weight limits on ships traversing the key global trade route ...
A severe drought that began last year has forced authorities to slash ship crossings by 36% in the Panama Canal, one of the world's most important trade routes. The new cuts announced Wednesday by ...
A severe drought is threatening shipping on the vital Panama Canal, which is responsible for moving 40% of the world's cargo ship traffic. About two-thirds of the canal's traffic is either headed ...
PANAMA CITY, June 21 (Reuters) - The Panama Canal will expand restrictions on ... citing shallower waters due to drought. The measure follows a series of depth restrictions in the 50-mile (80 ...
Amna Nawaz: An extreme drought in Panama is forcing authorities to substantially scale back shipping through the Panama Canal, one of the world's key shipping channels. And it comes at a time when ...
The Panama Canal is one of the most important waterways ... and displace over 2,000 people from their homes. This recent drought wasn’t an anomaly. As an academic who studies the effects of ...
Dec 15 (Reuters) - The Panama Canal on Friday said it will increase the number of booking slots available in its Panamax and Neopanamax locks, after a severe drought caused one of the world's main ...
A drought is causing a slowdown in shipping traffic at the Panama Canal. It's introducing new problems for the global supply chain. Many of the biggest supply chain issues from the peak of the ...
A persistent drought has led to shipping restrictions in the Panama Canal. Traffic is not expected to return to normalcy until October, after the number of ships passing through daily was reduced ...
But Ricaurte Vásquez, Administrator of the Panama Canal Authority, tells CNBC operational investments and technologies are helping to increase trade. After record drought and worldwide trade ...