panama canal drought

By Charlotte Goldstone (The Loadstar) – A new reservoir at the Panama Canal to improve reliability could be ready within four to five years of

(Bloomberg) — The Panama Canal has managed to ward off a shipping crisis that threatened to upend $270 billion a year in global trade. It did so with

The Panama Canal Authority has announced another increase in the number of daily transits through the waterway’s locks as rainfall returns to the region. The

The Panama Canal Authority announced Thursday an increase in the maximum authorized draft of the Panama Canal’s Neopanamax locks to 45 feet, bringing it

The increase in water levels in the Panama Canal has sparked hopes of a potential return to normal operations for container shipping after over a year of

The Panama Canal Authority (ACP) has announced an increase in booking slots for its Panamax locks starting mid-May, in response to current and predicted water

As the dry season draws to a close, the Panama Canal Authority (ACP) is adjusting its operations to align with the climate conditions. Taking into account the

By Rick Shema, CCM There has been much discussion regarding disruptions in maritime shipping through the  Panama Canal primarily due to the drought

By Anastasia Moloney PANAMA CITY, March 20 (Thomson Reuters Foundation) – As a colossal Chinese container ship maneuvered into the narrow Miraflores

By Peter Millard, Michael McDonald and Eric Roston (Bloomberg) — The Panama Canal has avoided the worst of a shipping crunch that threatened to upend

The Panama Canal Authority (ACP) has announced an increase in the number of daily transit slots available in the older Panamax Locks. The measures come in

By Patricia Zengerle and Jonathan Landay WASHINGTON, March 11 (Reuters) – U.S. intelligence agencies said on Monday the country faces an

Supply chains worldwide have been disrupted as trade through the Suez and Panama Canals, two critical shipping routes, has seen substantial declines in recent

The recent attacks on Red Sea shipping coupled with existing geopolitical and climate-related challenges are reshaping global trade routes with the potential

The Panama Canal Authority has announced plans to allocate more than $8.5 billion in capital investments towards sustainability projects over the next five

The National Weather Service’s Climate Prediction Center is forecasting an end to El Niño conditions by April-June 2024, with a 79% probability. The

By Elida Moreno PANAMA CITY, Feb 7 (Reuters) – The Panama Canal sees no need for further vessel transit restrictions until at least April, when

The United Nations Conference on Trade and Development (UNCTAD) has sounded the alarm over rising disruptions in global trade due to escalating geopolitical

Despite a decline in transits through the drought-hit Panama Canal for most shipping sectors, containerships are maintaining transit levels largely due to the

By Ruth Liao (Bloomberg) –The cost for shippers to jump ahead of congestion at the Panama Canal has significantly dropped from multimillion-dollar