Panama Canal Drought

[Chase]

 

[Chase]

PANAMA CITY, Sept 12 (Reuters) - The Panama Canal could further reduce the maximum number of authorized daily vessel transits if this year's drought continues, the waterway's administrator said on Tuesday.

A backlog of ships is waiting to pass through the trans-oceanic canal, which handles an estimated 5% of world trade. It began restricting vessel draft and daily passage authorizations this year to conserve water.

https://www.reuters.com/world/ameri...ily-transits-if-drought-continues-2023-09-12/

 

[syed putra]

Americas

Nicaragua’s US$50b rival to Panama Canal ‘going ahead slowly’ as funding evaporates and Chinese investor keeps low profile​

The canal, if finished, could give China a major foothold in Central America, a region long dominated by the United States

 

[blackmondy]

Limpeh don't care about drought in the Panama canal. Limpeh only care about the drought in the vaginal canal.

 

[laksaboy]

Oh yes, China is fucked.

https://www.csis.org/analysis/key-decision-point-coming-panama-canal