panama canal drought

Maritime traffic through the Strait of Magellan jumped more than 70% both in August and September from year-ago levels as ships diverted from the

The Panama Canal is expanding its long-term transit reservation program to the Panamax locks for the first time, giving more shipping customers the ability to

The Panama Canal is easing restrictions on vessel draft and daily transits after improved rainfall and water-saving measures helped stabilize conditions in the

By Lori-Ann LaRocco – It’s a good time to be an ocean carrier or tanker owner. The slower trade caused by bottlenecks stemming from the U.S. war with

A tightening Panama Canal is once again forcing shipowners to weigh longer routes around South America, but the Swedish Club is warning that Cape Horn and the

Ilya Espino de Marotta took office Monday as Administrator of the Panama Canal, becoming the first woman to lead the waterway as it confronts renewed water

The Panama Canal has postponed a planned reduction in the maximum draft for vessels using its Neopanamax locks, offering some near-term relief for ship

El Niño is strengthening across the tropical Pacific, with U.S. forecasters now seeing a greater than 90% chance it becomes a very strong event this fall and

The Panama Canal is temporarily relaxing key elements of its Neopanamax booking system, giving shipping companies more flexibility to secure transit slots as

By Nicholas Lua Aug 28, 2026 (Bloomberg) –Growing congestion at the Panama Canal is forcing some gas tankers into unusual journeys, from a rare

The Panama Canal is cutting daily transit capacity and overhauling its auction system as below-expected rainfall puts renewed pressure on the waterway’s

The Panama Canal Authority (ACP) will impose another round of draft restrictions for vessels transiting its Neopanamax locks later this month as water levels

A strengthening El Niño is on track to become one of the strongest events in the historical record, raising fresh concerns for global shipping just days after

The Panama Canal Authority (ACP) will further reduce the maximum authorized draft for vessels transiting its Neopanamax locks later this summer, tightening

NOAA has officially declared the arrival of El Niño conditions, confirming the climate pattern that prompted the Panama Canal Authority to announce its first

The Panama Canal Authority (ACP) will reduce the maximum authorized draft for vessels transiting its Neopanamax locks beginning July 3, citing concerns over

Panama President José Raúl Mulino announced Thursday that Ilya Espino de Marotta has been selected as the next administrator of the Panama Canal, making

Traffic through the Panama Canal is climbing sharply as disruption in the Strait of Hormuz drives more U.S. energy exports toward Asia and Pacific markets,

The Panama Canal is not planning vessel passage restrictions for the remainder of 2026 even if an El Niño weather pattern begins in the second half of the

Panama Canal authorities are trying to debunk the misconception that auction slots are a free pass to cut the