The Panama Canal averts a crisis for now—but at a cost to
WEBMar 18, 2024 · The Panama Canal has avoided the worst of a shipping crunch that threatened to upend the global economy—but at a cost to marine life and the Latin American country's supplies of drinking water.
To Save the Panama Canal From Drought, a Disruptive Fix
WEBAug 14, 2024 · In the wake of a drought that hampered shipping, the Panama Canal’s overseers are eager to expand water storage. Climate change leaves them no choice.
Drought Saps the Panama Canal, Disrupting Global Trade
WEBNov 1, 2023 · The problems at the Panama Canal, an engineering marvel that opened in 1914 and handles an estimated 5 percent of seaborne trade, is the latest example of how crucial parts of global supply...
More upheaval for global shipping as Panama Canal cuts traffic …
WEBJan 19, 2024 · Some companies had planned to reroute to the Red Sea — a key route between Asia and Europe — to avoid delays at the Panama Canal, analysts say. Now, that's no longer an option for most.
Panama Canal Continues to Restore Capacity While Warning of …
WEBJun 27, 2024 · The Panama Canal Authority is accelerating its efforts to build back capacity at the canal while also providing for increased vessel draft as the region is now in the rainy season.
Panama Canal Drought Slows Cargo Traffic - The New York Times
WEBJan 26, 2024 · The Panama Canal Authority has reduced daily traffic through the narrow corridor by nearly 40 percent compared with last year.
Ruling could permit a new reservoir for the water-starved Panama …
WEBJul 8, 2024 · PANAMA CITY (AP) — A court ruling could permit the construction of a new reservoir to feed the water-starved Panama Canal, but the project might take six years to build, the managers of the waterway said Monday.
Panama Canal traffic cut by more than a third because of drought …
WEBJan 19, 2024 · By THE ASSOCIATED PRESS. Updated 10:38 PM PDT, January 18, 2024. PANAMA CITY (AP) — A severe drought that began last year has forced authorities to slash ship crossings by 36% in the Panama Canal, one …
Panama Canal traffic recovers from drought caused by El Niño, …
WEBMay 4, 2024 · Panama Canal shipping traffic has begun to pick up after some alleviation in the drought which international scientists say was driven by low rainfall linked to the natural weather phenomenon El...
Drought affecting Panama Canal threatens 40% of world's ... - CBS …
WEBAug 23, 2023 · A severe drought is threatening shipping on the vital Panama Canal, which is responsible for moving 40% of the world's cargo ship traffic. About two-thirds of the canal's traffic is either headed...
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