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Panama Canal Faces Tighter Ship Limits | Costa Rica News
The Panama Canal is tightening its grip on shipping as drought fueled by El Niño slashes daily vessel capacity—down to 34 ships by September 4th, then 32 by the 15th. With rainfall 34% below average and reservoirs 44% drier than normal, the canal’s locks are struggling to keep up. Big Neopanamax ships now get just nine slots a day, while older locks drop from 25 to 23. Ships may also need to lighten loads due to deeper water restrictions, leading to longer waits and higher costs. Companies face tough choices: pay premium fees or detour around South America. And it’s not just commerce—over…
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