Panama Canal Cuts Shipping Amid El Niño

The Panama Canal will reduce daily vessel transits from 36 to 34 starting September 3, and then to 32 from September 15, due to low water levels caused by a severe drought driven by El Niño. This decrease reflects ongoing water conservation efforts as rainfall in the canal's watershed has fallen 34% below average, jeopardizing the canal's sustainability. The restrictions are expected to increase waiting times for ships and could be extended further depending on weather conditions.

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