The Panama Canal will cut daily transits from Wednesday because of drought

The Panama Canal will reduce the number of vessels allowed to cross from 38 to 34 a day from September 3, and to 32 from the 15th, as well as imposing new draught restrictions, because of falling water levels linked to El Niño. According to the waterway's authorities, rainfall since May has been 34% below the historica

SK Gas paid US$5.3 million at auction to cross Panama on 1 September. Drought is about to make every reservation scarcer.