The Panama Canal caps daily transits in September 2026 as El Niño returns, pressuring water levels and freight after a strong fiscal year recovery.

The Panama Canal will reduce daily ship transits due to a severe drought. This El Nino phenomenon is causing significant water shortages for operations. Reduced vessel drafts…

PANAMA CITY, Sept 4 — The Panama Canal will restrict the number of vessels transiting the crucial waterway from Friday for the second time ever due to drought caused by the El...