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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 concerns children will wake up on ... the Panama Canal Authority ...
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.
Ocean supply chains have already been hit hard this year by conflict in the Red Sea, a lengthy drought affecting the Panama Canal and the Baltimore bridge collapse.
The Panama Canal (Spanish: Canal de Panamá) is an artificial 82-kilometer (51-mile) waterway in Panama that connects the Caribbean Sea with the Pacific Ocean. It cuts across the narrowest point of the Isthmus of Panama , and is a conduit for maritime trade between the Atlantic and Pacific Oceans.
Unlike the Suez Canal, which does not have locks, the Panama Canal relies on fresh water to operate three sets of locks that allow ships to cross between the Pacific and Atlantic oceans through a ...
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The managers of the Panama Canal said they expect income from the waterway to drop after authorities were forced to limit the number of ships passing through each to 32 due to a lack of rainfall.