Panama Canal Authority Reduces Ship Transits Due to Severe El Niño-Induced Drought
The Panama Canal Authority (ACP) is implementing significant reductions in the number of vessels allowed to transit the Panama Canal due to a severe drought exacerbated by El Niño. Starting September 3, the daily limit will decrease from 36 to 34 ships, with a further reduction to 32 vessels per day effective September 15. This decision is a direct response to critically low water levels in the artificial lakes that supply the canal's lock system. The ACP has stated that these measures are necessary to maintain service reliability and, crucially, to safeguard water resources for human consumption in Panama. This year's El Niño is anticipated to be particularly strong, with its effects intensified by climate change, leading to widespread disruptions in weather patterns. The canal, a vital artery for global trade, handles approximately 14,000 ships annually and is a significant source of income for Panama, generating around $3 billion per year.