Business
Panama Canal reduces the maximum number of ships travelling the waterway to 31 per day
PANAMA CITY -- The Panama Canal announced Saturday it will reduce the maximum number of ships travelling the waterway to 31 per day, from 32 in August, due to a drought that has reduced the supply of fresh water needed to operate the locks.
That compares to daily averages of 36 to 38 ships per day under normal operation.
Nine ships per day will be allowed to use the new, bigger NeoPanamax locks and 22 per day will be handled through the older Panamax locks.
The Canal Authority guaranteed a draft of 44 feet for ships, in part because 70% of ships using the waterway need at least that depth.
In August, the canal implemented a measure capping the number of ships passing through its locks daily to a maximum of 32.
Not enough rain has fallen to feed the watershed system of rivers and brooks that fill lakes, whose waters in turn fill the locks.
The watershed also supplies freshwater to Panama City, home to about half the country’s 4 million people.
-
Business6h ago
Paul Butterworth appointed Vice Chair of Regional Studying and Abilities Partnership
-
Business1d ago
What’s in a VIN? How to decode the vehicle identification number, your car’s unique fingerprint
-
Business1d ago
On its 125th anniversary, W.E.B. Du Bois’ ‘The Philadelphia Negro’ offers lasting lessons on gentrification in Philly’s historically Black neighborhoods
-
Business1d ago
FXIFY Marks One Year of Exceptional Growth and Industry Leadership
-
Business1d ago
GriefSPEAK: AI grief glasses. Would you put them on? – Mari Nardolillo Dias
-
Business1d ago
Outdoors in RI: Free Fishing Weekend, coyotes all around, safety, 2A update – Jeff Gross
-
Business1d ago
Ortac International Accounting Strengthens UK to UAE Business Links with New Dubai Office
-
Business1d ago
Yalın Dental Clinic in Türkiye: Accessible High-Quality Dental Care