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The drought impacting the trade route’s water levels is already causing delays within the global supply chain and now there are ... the Panama Canal Authority (ACP) has cut daily transit number ...
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 ...
Panama is about halfway through its rainy season right now, and one of the wettest countries in the world is having one of its driest seasons on record. A severe drought is affecting the Panama Canal.
The Panama Canal, one of the most important chokepoints in global trade, has caused many environmental and ecological problems since it was built and expanded. These problems include deforestation, the spread of invasive species, water and air pollution, and water shortage. Deforestation in the Panama Canal watershed has been a problem for decades.
Tres Hermanas, with its farms, two schools, churches and a medical clinic, is one of dozens of towns that would disappear in the next six years if the state-owned Panama Canal's ambitious $1.6 billion
The supply chain crisis is a major contributing factor in the 2022 United States infant formula shortage, [14] the tampon shortage [15] and various drugs shortages. [ 16 ] [ 17 ] In December of 2022, it was reported that global demand for commercial jet aircraft far exceeded supply, with Jefferies Group reporting a backlog of 12,720 aircraft.
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The Panama Canal will extend restrictions on ships' maximum depth, it said on Tuesday, and it has limited average crossings at one of the world's busiest trade passages to just 32 ships a day as a ...