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Drought-hit Panama Canal to restrict access for one year

  • The drought-hit Panama Canal will maintain restrictions on ship passage for one year due to a shortage of rainwater, leading to a traffic jam of boats awaiting access to the crucial waterway.
  • The current queue of boats waiting to enter the canal has increased to about 130 compared to the usual 90, and waiting times have increased to 11 days.
  • The restrictions are due to a drought worsened by the El Nino phenomenon, forcing the canal to limit access to ships with a draft of 13.11m and resulting in a projected $200 million drop in earnings for 2024.
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  • 42% of the sources are Center
42% Center
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Devdiscourse broke the news in India on Thursday, August 24, 2023.
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