Panama Canal to cut number of ships transiting due to El Nino

THE operator of the Panama Canal told shipping firms that it intends to cut the number of vessels passing through the key waterway due to low rainfall caused by the El Nino weather system. The Panama Canal Authority (ACP) said that from September 15, only 32 vessels a day will be able to pass through the waterway compared to 36 currently. El Nino, a pattern of periodical sea surface warming, affects weather systems globally. This year is expected to be particularly strong, with its effects made…