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The Panama Canal reduces operations due to drought with great inconvenience and millionaire losses - video

The emergency, according to estimates by the authorities, could cost revenues of between 150 and 200 million dollars for the current fiscal year

Panama City

© Agenzia Nova - Reproduction reserved

Continue to Panama the alarm for the continuation of the drought which has caused the forced restriction of maritime traffic on the Canal. In fact, the corridor works thanks to a system of locks which, with the introduction of fresh water from Lake Godin, makes it possible to maintain navigability throughout the journey. But the lack of rain, a phenomenon which has been affecting a large part of Central America for months, makes it necessary to ration the water of the Godin, which must also be used for domestic consumption. The Canal authorities have extended until 2 September a regulation limiting to 32 the maximum number of boats that can cross the Canal each day. Limitations were also introduced on the size and draft of boats crossing the Canal, responsible – according to the most accredited estimates – for 3,5 percent of world trade. The media and social networks have relaunched the images of dozens, if not hundreds, of boats stationary on both sides of the isthmus, waiting for passage.

An alarm recently relaunched by the president of Colombia, Gustavo Petro, who relaunched the video on his X profile (the social network formerly known as Twitter), speaking of the drought that "closes the Panama Canal". According to estimates by the Panamanian authority, the emergency could cost between 150 and 200 million dollars less revenue for the current fiscal year. Not to mention, as analysts warn, that delays can have a direct impact on the prices of goods. In recent days, the case of the Ever Max, a ship of the Evergreen company, has made headlines, forced to unload 1.400 of the more than 17 containers it transported in the first port, in order to guarantee transit. Goods that the company had to transport by land to the other extreme, to be able to reload them on the boat. All with inevitable increases in the cost of operations.

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© Agenzia Nova - Reproduction reserved


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