Panama Canal cuts ship traffic amid El Niño

The Panama Canal has begun reducing ship transit activity due to declining water levels caused by the El Niño phenomenon. The number of daily transits will be decreased from 36 to 32 ships by mid-September. Water levels in two artificial lakes that feed the canal have been affected, amid a state of emergency declared by Panama, as drought conditions in Central America worsen due to the strongest El Niño in four decades. The phenomenon impacts about 5% of global maritime trade and has led to doubled water conservation measures, including reducing ships' draft.

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