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A severe drought that began last year has forced authorities to slash ship crossings by 36% in the Panama Canal, one of the world's most important trade routes. The new cuts announced Wednesday by ...
Location of Panama between the Pacific Ocean (bottom) and the Caribbean Sea (top), with the canal at top center. The Panama Canal (Spanish: Canal de Panamá) is an artificial 82-kilometer (51-mile) waterway in Panama that connects the Atlantic Ocean with the Pacific Ocean, cutting across the Isthmus of Panama, and is a conduit for maritime ...
The Panama Canal will extend restrictions on ships' maximum depth, it said on Tuesday, and it has limited average crossings at one of the world's busiest trade passages to just 32 ships a day as a ...
A backlog of vessels waiting to pass the Panama Canal due to drought-related restrictions has eased in recent days after the waterway's authority authorized more non-booked ships to pass and as ...
The idea of the Panama Canal dates back to 1513, when the Spanish conquistador Vasco Núñez de Balboa first crossed the Isthmus of Panama. This narrow land bridge between North and South America was a fine location to dig a water passage between the Atlantic and Pacific Oceans. The earliest European colonists recognized this, and several ...
A Neopanamax ship passes through the Panama Canal's Agua Clara lock in 2019. The Atlantic Bridge is seen in the background.. The Panama Canal expansion project (Spanish: ampliación del Canal de Panamá), also called the Third Set of Locks Project, doubled the capacity of the Panama Canal by adding a new traffic lane, enabling more ships to transit the waterway, and increasing the width and ...
The Panama Canal's water levels have not recovered enough as the end of the rainy season approaches and limits on daily transit and vessel draft will stay in place for the rest of the year and ...
The Panama Canal expects its revenue to shrink by about $200 million in its next fiscal year due to crossing restrictions meant to save water as a consequence of an unprecedented drought, its ...