Financial Ports

Panama Canal Dodges Draft Cut—But El Niño Looms Over Shipping

CLAVE 1 / 3Gatun Lake water levels remain at 84 feet, with a slight projected rise of 0.4 feet into October.

CLAVE 2 / 3The World Meteorological Organization forecasts a nearly 100% chance of El Niño persisting through February 2027.

CLAVE 3 / 3Average wait times for northbound transits stand at 8.8 days for non-booked vessels.

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