Panama Canal Halts Panamax Vessel Bookings From July 25 on Water Shortages

politicsmaritimeworldcentral-americaenvironmentnatural-resources 2 posts · 2 accounts

The Panama Canal Authority will halt daily booking auctions for the canal’s Panamax-class locks starting July 25, suspending part of the vessel reservation system due to water constraints at Gatun Lake.

The suspension is effective until further notice, according to shipping agent Norton Lilly. The decision also cites projected water levels and anticipated constraints from El Niño conditions, adding a new disruption to global trade routes already strained by shipping snarls in the Middle East.

From the sources (2 posts)

@business

The Panama Canal Authority will temporarily suspend part of the booking system for vessels seeking to use the waterway that links the Pacific and Atlantic Oceans, according to shipping agent Norton Lilly.

@chigrl

add this to the list of trade route issues... Global Trade Faces Fresh Test as Panama Canal Curbs Bookings Global trade faces a fresh headache on top of the months-long snarls in the Middle East that have roiled flows, with the Panama Can

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