Water supply challenges to persist in Panama Canal through 2024
Posted on September 11, 2023 |
Panama Canal extended transit and vessel draft limits amid lingering water issues.
Congestion at Panama Canal spurred freight rate hike as low water levels persist
Strong demand pushed the Panama Canal to exceed expected vessel crossings despite restrictions.
July saw increased delays in Panama Canal transit, forcing alternate routes.
Gatun Lake's diminished water levels posed operational challenges for the Panama Canal
Panama Canal Authority addresses ongoing water challenges and vessel congestion.
