Financial Ports

Panama Canal Cuts Daily Transits to 29: The Supply Chain Crisis Deepens

CLAVE 1 / 4Daily ship crossings through the Panama Canal have been slashed to just 29, down from 32, as drought conditions worsen.

CLAVE 2 / 4The canal’s reservoirs, which also supply water to Panama’s residents, are at critically low levels, forcing the Panama Canal Authority to impose water…

CLAVE 3 / 4Each cargo ship requires 200 million litres of water per transit, exacerbating the crisis as El Niño intensifies.

CLAVE 4 / 4CMA CGM has postponed a $150 per TEU Low Water Surcharge until 1 October, signalling further disruptions ahead.

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