Why the Panama Canal Didn’t Lose Money When Ship Crossings Fell
Posted inCanals Conservation of Resources Delays (Transportation) Drought Freight (Cargo) Global Warming International Trade and World Market Panama Canal and Canal Zone Panama Canal Authority Politics and Government Prices (Fares, Fees and Rates) Reservoirs Ships and Shipping Shortages Suez Canal Supply Chain Tolls Water

Why the Panama Canal Didn’t Lose Money When Ship Crossings Fell

A water shortage forced officials to reduce traffic, but higher fees increased revenue.
Red Sea Attacks Add Another Snarl to Global Shipping
Posted inBP Plc Canals Defense and Military Forces Defense Department Drones (Pilotless Planes) Economic Conditions and Trends Hamas Houthis International Relations International Trade and World Market Israel-Gaza War (2023- ) Maersk Line Oil (Petroleum) and Gasoline Panama Canal and Canal Zone Red Sea Ships and Shipping Suez Canal Supply Chain Terrorism United States Economy

Red Sea Attacks Add Another Snarl to Global Shipping

Already hampered by problems at the Panama Canal, shipping companies are now steering clear of the Suez Canal to avoid being attacked in the Red Sea.
Drought Saps the Panama Canal, Disrupting Global Trade
Posted inCanals Conservation of Resources Drought El Nino Southern Oscillation Freight (Cargo) Global Warming International Trade and World Market Oceans and Seas Panama Panama Canal and Canal Zone Reservoirs Ships and Shipping Supply Chain United States Economy Water Weather

Drought Saps the Panama Canal, Disrupting Global Trade

The number of ships that can travel through the vital route has fallen sharply this year because of a lack of water for the locks, raising costs and slowing deliveries.