Panama Canal to cut ship transits due to El Nino drought, impacting global trade. Further restrictions on shipping lane possible as Central America gripped by severe droughtThe Panama canal will cut the number of ships passing through it starting next month because of drought caused by the El Niño phenomenon, the operator of the strategic waterway linking the Atlantic and Pacific said Thursday.From 3 September, the number of vessels allowed through each day will fall from 36 to 34 due to low water levels in two artificial lakes that feed the canal, the Panama Canal Authority... Key points and original sources are listed below.
- Panama Canal to cut ship transits due to El Nino drought, impacting global trade. Daily transits will fall from 36 to 34 on Sept 3, then to 32 on Sept 15.S1
- Further restrictions on shipping lane possible as Central America gripped by severe droughtThe Panama canal will cut the number of ships passing through it starting next month because of drought caused by the El Niño phenomenon, the operator of the strategic w...S2