Panama Canal considering more cuts in transits due to El NinoThe Panama Canal might experience additional constraints on shipping traffic due to a severe drought exacerbated by a strong El Niño. Curre...
11 Sep, 2026, 10.37 AM IST
Port of LA hits three-month record as Cargo peak stretches onThe Port of Los Angeles experienced its busiest three-month period on record, driven by an extended peak season. Importers are navigating g...
10 Sep, 2026, 11.29 AM IST
How El Nino is choking the Panama CanalThe Panama Canal will reduce daily ship transits due to a severe drought. This El Nino phenomenon is causing significant water shortages fo...
04 Sep, 2026, 11.01 AM IST
Oil importers are learning to live with a new reality as old routes of business fall apartOngoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass the supply ...
03 Sep, 2026, 11.58 AM IST
Tanker pays record $5.3m to transit Panama Canal: ReportA tanker set a new benchmark by paying an unprecedented $5.3 million for expedited transit through the Panama Canal. This payment not only ...
29 Aug, 2026, 10.32 AM IST
Panama firmly rejects U.S. claims: No free passage for American ships through the Panama canalPanama has rejected the U.S. State Department's assertion that U.S. ships can pass through the Panama Canal without charge. The claim, whic...
06 Feb, 2025, 09.54 PM IST
The Panama Canal has a big problem, but it's not China or TrumpThese environmental challenges are more significant threats to U.S. commerce than Chinese influence. Sustained access to the canal will dep...
02 Jan, 2025, 11.18 AM IST
Threatened by climate change, Panama Canal has big plans to deal with droughtThe Panama Canal Authority aims to create a massive dam 840 meters in length and 80.5 meters in height to secure freshwater for its locks. ...
03 Dec, 2024, 09.52 AM IST
Panama Canal eases limits that caused global shipping bottleneckThe Panama Canal is easing restrictions on vessel transits due to rising water levels after a severe drought. With recent rains, the canal ...
28 Aug, 2024, 09.58 AM IST
Drought that snarled Panama Canal was linked to El Niño, study findsWithout enough water to raise and lower ships, officials last summer had to slash the number of vessels they allowed through, creating expe...
02 May, 2024, 09.37 AM IST
Panama Canal drought could threaten supply chain, S&P saysThe canal has imposed several restrictions since 2023, though last month the Panama Canal Authority bumped up daily crossings to 27, from 2...
04 Apr, 2024, 10.28 AM IST
Traffic through the Panama Canal is being slashed because of drought, disrupting global tradeThe new cuts announced Wednesday by authorities in Panama are set to deal an even greater economic blow than previously expected.
19 Jan, 2024, 10.14 AM IST
Panama Canal drought is a headache for global trade at ChristmasAfter the drought made the canal shallower, ships now have to lighten their loads. The result is fewer containers making the crossing per d...
06 Dec, 2023, 09.58 AM IST
Shippers spend $235 million in bid to bypass Panama Canal congestionThe Panama Canal Authority auctions off priority slots to shippers to enter the system, and bids have soared to record levels this year as ...
23 Nov, 2023, 09.27 AM IST
Panama Canal says traffic woes will last into next yearThe number of ships passing through Panama canal each day has fell from 36 to 32 due to falling reservoir levels. As a result, the building...
13 Sep, 2023, 09.49 AM IST
Record-Breaking Payment: Ship skips line at Panama Canal with unprecedented $2.4 million feeThe Panama Canal's logjam and the necessity for shippers to pay record fees to expedite their vessels' passage highlights the far-reaching ...
31 Aug, 2023, 09.28 PM IST
Why Panama Canal is the new challenge for supply chainsJust as the world’s delivery bottlenecks are easing, Panama’s drought and worrisome weather patterns elsewhere threaten to revive some of t...
03 Jun, 2023, 10.14 AM IST