Ships Take Long Way Around as Drought Snarls Panama Canal
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9 Articles
Ships Take Long Way Around as Drought Snarls Panama Canal
Maritime traffic through the Strait of Magellan jumped more than 70% both in August and September from year-ago levels as ships diverted from the drought-stricken Panama Canal, Chilean Navy data requested by Bloomberg show.
The maritime traffic by the Strait of Magalhães increased more than 70% compared to the previous year both in August and September, due to the diversion of ships seeking to avoid the restrictions on the Panama Canal caused by the drought, according to data from the Chilean Navy requested by Bloomberg. The few rains associated with the El Niño phenomenon reduced the water levels in the Panama Canal, leading the authorities to restrict the crossin…
Bloomberg: Navigation has been restricted in the Panama Canal due to drought
Bloomberg: Navigation has been restricted in the Panama Canal due to droughtTraffic through the Strait of Magellan increased by more than 70% year-on-year in August and September, Bloomberg writes, citing data...
Maritime traffic through the Strait of Magellan increased by more than 70% year-on-year in both August and September, due to the diversion of ships seeking to avoid drought-induced restrictions on the Panama Canal. Read more
The increase was recorded in August and September over 2025 levels and would be associated with drought affecting the canal and disruptions in the Middle East.
www,finanzasdigital.com The transit of boats through the Strait of Magellan recorded an increase of more than 70% year-on-year during the months of August and September, according to figures...
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