Is the Panama Canal Drying Up? Climate Change Strikes Again!
The Panama Canal, a critical global trade route, faces its worst drought in a century due to climate change, leading to a massive traffic jam of 200 cargo ships. Historically one of
Shipping Giants Pay Millions: The Panama Canal’s Drought Dilemma!
The Panama Canal, responsible for handling an estimated 5% of global trade, is facing unprecedented congestion due to severe drought conditions. A recent auction by canal authorities saw a winning bid of $2.4 million for a vessel slot, highlighting the