Panama's famous canal connects the Atlantic and Pacific Oceans. But, this important gateway for world trade is increasingly ...
Plans for a new dam are being developed in order to strengthen and improve the climate resilience of the Panama Canal ...
On both sides of the Panama Canal, fleets of ships find themselves immobilized, delayed by weeks as waterway authorities have slowed traffic to conserve water amid a severe drought. A report from ...
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Sourcing Journal on MSNPanama Canal Opens ‘Net-Zero' Transit Slot for Low-Emissions ShipsThis slot will not be offered through an auction, but instead will be allocated to vessels based on cargo condition and ...
That makes them very vulnerable drought. Panama is one of the wettest countries on Earth but is heavily affected by El Niño, a natural climate pattern which tends to reduce rainfall in the region.
Global trade through the Panama Canal is being severely disrupted by a drought affecting the man-made corridor, which could force shippers to choose other, more costly routes, it was reported.
But Ricaurte Vásquez, Administrator of the Panama Canal Authority, tells CNBC operational investments and technologies are helping to increase trade. After record drought and worldwide trade ...
Understanding how these assets correlate with supply chain issues, such as the pileup of ships in the Panama Canal due to the region's near-record drought, can help investors make better decisions ...
The Panama Canal has reduced its transit fees by 15% compared to last year, thanks to increased cargo capacity. A previous drought led to restrictions and long waits, but these have been lifted, ...
Fees for vessels to pass through the Panama Canal this year are 15% below last year's levels as the waterway now has more capacity to move ...
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