Transportation
Panama Canal Says Traffic Woes Will Last Into Next Year
- Delays threaten to impact Christmas, Chinese New Year shipping
- Number of ships moving through canal daily has slipped to 32
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The operator of the Panama Canal said there’s no immediate prospect of relief from the drought that’s reduced water levels and snarled shipping and global supply chains.
Panama Canal Administrator Ricaurte Vásquez Morales said Tuesday that abnormally high ocean temperatures, an unpredictable rainy season and the persistence of the El Niño weather phenomenon mean officials will have to continue restricting vessel traffic into 2024.