PANAMA CITY, Panama (BLOOMBERG) – The Panama Canal doesn’t have enough water. A lack of rainfall, blamed on climate change, is leading to a steady decline in water levels on the vital conduit. The problem is so bad that quotas are being imposed on how many ships can pass through it, a move set to […]
Panama Canal Traffic Is Being Throttled by Climate Change gcaptain.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gcaptain.com Daily Mail and Mail on Sunday newspapers.
A lack of rainfall, blamed on climate change, is leading to a steady decline in water levels on the vital conduit. Quotas are being imposed on how many ships can pass through it, a move set to snarl trade in energy, consumer goods and food as carriers are forced to sail thousands of extra miles to make deliveries.
Shipping braces for impact as Panama Canal slashes capacity freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.
In Panama, water scarcity has impacted canal operations recently, and some shipping experts say vessels may soon have to avoid the canal altogether if the problem worsens.