Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk
Resilinc
AUGUST 30, 2023
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. Under Condition 3, the total number of booking slots is limited to 14. How long will the Panama Canal drought last?
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