Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk
Resilinc
AUGUST 30, 2023
According to the ACP, Condition 3 was implemented to “alleviate congestion for ships already in queue to transit or in route, who were unable to secure reservations beforehand.” The impact of the bottleneck goes beyond the canal itself, causing delays in container shipping and inventory replenishment along various shipping routes.
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