April 17, 2024

AndronETalksNews

AndronETalksNews

Panama Canal Hit By Shipping Restrictions As Water Crisis Set To Worsen

Zero Hedge

By Tyler Durden – May 22, 2023

Due to severe drought, authorities at the Panama Canal are set to impose new draft restrictions in the coming days. These rules, affecting one of the world’s most crucial maritime routes, will force vessels to reduce cargo weight and incur higher fees. 

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