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High Seas Troubles Affect Global Supply Chains, Part Two: Climate Risks

Enterra Insights

As I pointed out in the first part of this article, two of the world’s most vital maritime chokepoints — the Suez Canal and the Panama Canal — are experiencing serious challenges. a severe drought, which began last year in Panama, is disrupting canal operations. Unfortunately. ” How bad have things become?

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This is the world’s largest container ship….and it’s massive

The Network Effect

900 million cans of dog food. Source: Vox.com. These massive ships are also behind the current project to widen the Panama Canal. It’s hard to comprehend just how large the ship is… here are some examples of what it can carry: 19,000 shipping containers. 39,000 cars. 117 million pairs of sneakers.

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This Week in Logistics News (March 9 – 15)

Logistics Viewpoints

per person — on the holiday this year and, perhaps unsurprisingly, their top spending categories are food and beverages. The Suez’s problems are geopolitical and those in Panama are climate-based, but both are roiling global trade. Cargo volumes through the Suez and Panama canals have plunged by more than a third.

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This Week in Logistics News (August 12 – 18)

Logistics Viewpoints

The number of vessels waiting to cross the Panama Canal has reached 154, and slots for carriers to book passage are being reduced in an effort to manage congestion caused by ongoing drought conditions that have roiled the major shipping gateway since the spring. And now on to this week’s logistics news. 11 release. That’s all for this week.

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Supply Chain Market Report – August 2022

Elementum

Countries like Panama, trade US dollars domestically.) Second, the COVID 19 pandemic triggered governments around the world to take on debt and print money. First, poor policy choices around requirements for organic farming cut Sri Lankan food yields in half. For example, companies who export oil are paid in dollars.

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Interoceanic Passages

Abivin

Major routes also involve the transport of raw commodities, including petroleum, grains, minerals, and food items. In reality, appointment and price systems must be used to control capacity for interoceanic canals like the Panama and Suez. Potential for closure or interruption.

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Strikes and protests disrupt supply chains, globally

Resilinc

But for Panamanians, Ecuadorians, Argentinians, and people in several other Latin American countries, the food and fuel shortages that the phrase describes—along with alza de precios , inflation—are causing extreme anxiety, passionate protests, and vigorous labor actions. They are also disrupting global supply chains.