Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk
Resilinc
AUGUST 30, 2023
Due to the drought, the Panama Canal Authority (ACP) updated booking conditions for ships for the Panamax locks (the older locks of the Panama Canal used by smaller ships). Weight limits have also been adjusted, forcing some ships to unload and transport cargo to the other side of the canal via train—increasing transportation costs.
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