Drought-hit Panama Canal must 'adapt or die' as water levels drop
The canal relies on rainwater to move ships through a series of locks that function like water elevators, raising the vessels up and over the continent between the Atlantic and Pacific Oceans. However, a water shortage due to low rainfall has forced operators to restrict the number of vessels passing through, which is likely to result in a $200 million drop in earnings in 2024 compared to this year, canal administrator Ricaurte Vasquez said Thursday. The Pacific warming phenomenon known as El Nino... Читать дальше...