Panama Canal water shortage affects transit
The problem of declining water levels in the Panama Canal continues due to climate change, threatening the movement of ships through this vital waterway that accounts for more than 3% of global trade. The new Canal Director, Ilya Espino de Marotta, stated that the number of ships passing daily could decrease to 27 in the coming months because of water shortages, after the canal announced a reduction in transit operations to 32 ships in September during the dry season, compared to the usual 36 ships. Authorities plan to build a reservoir on the Río Indio River to reduce dependence on rainwater, with completion scheduled for 2032, in an effort to address the issue affecting maritime navigation in the region.
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