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Panama Canal invests in new reservoir
The article discusses the efforts of the Panama Canal to confront the risks of water shortages caused by the El Niño phenomenon and its impacts on shipping traffic. The new Canal Administrator, Ilya Espino de Marotta, announced that the new Río Indio reservoir project is expected to ensure that there will be no need to impose transit restrictions during dry periods, once it is completed in 5-6 years. However, she pointed out that if rainfall remains low over the next three months, the canal might have to impose additional restrictions, especially since it relies on freshwater to operate the locks, which depend on two artificial reservoirs, Gatun Lake and Alhajuela. Water levels in these reservoirs are significantly affected by the El Niño phenomenon, which has increased concerns about the canal's economy and infrastructure, through which 3 to 5% of global maritime trade passes.
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