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Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk

Resilinc

What’s happening in the Panama Canal 2023? The Panama Canal, a crucial 50-mile waterway that six percent of all global trade passes through, faced major traffic jams this month due to a historic drought. How long will the Panama Canal drought last? Which countries are impacted by the Panama Canal drought?

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This Week in Logistics News (January 6 – 12)

Logistics Viewpoints

A drought in Panama significantly reduced transits of larger Neopanamax-class container ships in November and December, with transit constraints intensifying last month. Container vessels that traditionally used the Panama Canal to bring Asian goods to East and Gulf Coast ports switched to the Suez Canal. percent year on year.

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Above the Fold: Supply Chain Logistics News (December 3, 2021)

Talking Logistics

As we enter the last month of 2021, it’s clear from the long list of news items below that there will be no intermission in this supply chain show. Read more Above the Fold: Supply Chain Logistics News (December 3, 2021). Read more Above the Fold: Supply Chain Logistics News (December 3, 2021). And just when.

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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Initiatives planned to reduce lost containers include the MARIN Top Tier project, which was founded in 2021 by several member lines and a range of maritime stakeholders to perform research on concrete data about the causes of containers overboard and how to prevent further incidents.

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Red Sea Ocean Transport Disruption Update

Supply Chain Matters

As we have noted in this thread of updates, to a further extent, shipments from Asia eastward that traverse the Panama Canal are an important added backdrop to ocean transport disruption impacts. In parallel is the assessing of the related restricted ship transit volumes surrounding the Panama Canal because of low water levels.

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Red Sea and Suez Canal Shipping Crisis Update

Freightos

As a result, widespread reroutings of ocean container traffic away from the Suez Canal continue, and ocean freight rates have begun to spike. This dispatch includes an update on the attacks and the ensuing implications for global freight. The number of impacted Asia – N. Freightos Terminal data shows that Asia – N.

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December 19, 2023 Update

Freightos

More Resources Home December 19, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices were level at $5.86/kg