Carriers unveil Panama Canal transit surcharges for new year
Two major carriers have announced new Panama Canal surcharges on Asia-US east coast transits in ...
© Khunaspix Dreamstime.
By Ian Putzger
El Niño is having a major impact on container traffic through the Panama Canal this year.
From May 28, the canal operator is going to reduce the draught at its Neopanamax locks to 43 feet, the latest in a series of depth reductions that have brought the permitted level down from 50ft at the beginning of the year.
The region is suffering from a protracted drought that has decimated the water in a lake that is used to top up water levels in the ...
Comment on this article