INTERVIEW: Panama Canal faces prolonged impact from El Nino, climate change
October 31, 2023 Comments Off
The Panama Canal is facing an unprecedented drought with warming effects of El Nino potentially exacerbated by climate change, which could hit the key waterway’s transit volume in the months to come, its top executive told S&P Global Commodity Insights. Water levels at Gatun Lake, the largest artificial lake feeding into the canal system, have been generally below 80 feet,…
INTERVIEW: Panama Canal faces prolonged impact from El Nino, climate change
The Panama Canal is facing an unprecedented drought with warming effects of El Nino potentially exacerbated by climate change, which could hit the key waterway’s transit volume in the months to come, its top executive told S&P Global Commodity Insights. Water levels at Gatun Lake, the largest artificial lake feeding into the canal system, have been generally below 80 feet,…
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