Panama Canal to limit shipping ahead of extreme weather during El Nino

The El Nino weather phenomenon is expected to increase the likelihood of drought and excess heat across the region.
- • Panama Canal authorities are reducing daily vessel transits and tightening draft limits due to drought risks.
- • El Niño weather patterns are causing falling water levels in Gatun Lake.
- • Reduced capacity will likely increase shipping costs and disrupt global supply chains.
The canal relies on freshwater from Gatun Lake to operate its locks.
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