Panama Canal Faces Century's Worst Drought

Trade & Border IssuesHot Spots
Written By Jennifer Joslyn

💧 Parched Pathways: Panama Canal Faces Century's Worst Drought.

The Panama Canal, facing its driest period in over a century, has imposed transit restrictions since May, leading to reduced container loads for large vessels. As a result, global supply chains are likely to experience delays and increased costs, according to The Wall Street Journal. The restrictions are set to expand in the following weeks, with vessels' allowable draft being reduced from the peak level of 50 feet to 43 feet. While restrictions during the dry season are not uncommon, this year's drought is exceptionally severe, with water levels in the canal's Gatún Lake predicted to reach record lows next month.

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Jennifer Joslyn
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