EconomyPanama Canal to cut shipping as ‘extreme’ El Niño approaches
The Panama Canal will progressively reduce daily transits from 40 to 34 and then 32 between September 4 and 15, preparing for lower water levels during a longer and stronger-than-usual El Niño season. Slower shipping could increase costs for industries dependent on the canal.
Panama Canal to cut shipping as ‘extreme’ El Niño approaches
Economy