Panama Canal will cut daily transits from 40 to 32 vessels by September 15, risking slower shipping and higher costs.
Panama Canal to reduce shipping as ‘extreme’ El Nino approaches Panama Canal will cut daily transits from 40 to 34, then 32, from September 4 to September 15 as it prepares for lower water levels ahead of a longer, stronger-than-usual El Nino season. Slower shipping could raise costs for canal-reliant industries.
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