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. How long will the Panama Canal drought last? Demand for the canal remains high, leading to increased wait times.
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