The Panama Canal is imposing transit limitations for the second time due to a drought caused by El Niño. Starting Friday, the daily number of ships will be reduced from 36 to 32, in order to preserve water resources. Authorities are concerned about the consequences for international trade, including higher shipping costs and prolonged waiting times. Additional restrictions may be necessary if the situation does not improve.
Panama Canal Restrictions: El Niño Threatens Global Trade
This article was updated at 17:05.