Drought affecting Panama Canal threatens 40% of global cargo ship traffic 04:49. A severe drought is threatening shipping on the vital Panama Canal, which is responsible for moving 40% of the ...

A traffic jam in the Panama Canal could take at least 10 months to clear up, new data shows. The wait time to get through the canal has increased massively for ships.

Secretary of State Marco Rubio embarks soon on his inaugural trip as the United States’ top diplomat. His first stop, Panama could prove to be the most contentious on the itinerary.

Panama Canal Administrator Ricaurte Vásquez now estimates that dipping water levels could cost them between $500 million and $700 million in 2024, compared to previous estimates of $200 million.

An “unprecedented drought” is affecting the Panama Canal’s water supply and leading authorities to impose surcharges and weight limits on ships traversing the key global trade route ...

Basically, with all that adds up to is that there's less fresh water. The levels in the canal are much lower than where they need to be, and so as a result, canal authorities have less water to ...

The lack of water at the Panama Canal is causing a global headache.The number of vessels that can pass through here each day has been slashed from 36 to 24. José Cervantes from shipping company ...