Ongoing water scarcity in the Panama Canal is disrupting global trade routes, impacting cargo shipments to various nations.
The Acting Water Division Manager at the Panamanian Canal Authority (ACP), Erick Cordoba, revealed that drought conditions have led to a reduction in the number of ships allowed through the canal each day.
This critical maritime passage facilitates 6% of global shipping, but low water levels are causing shipping delays and revenue challenges for the ACP.
To mitigate the impact, water-saving measures have been initiated, including recycling water and halting hydropower production.
The canal is expected to maintain draft restrictions due to worsening drought conditions.
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