Panama Canal to Reduce Shipping as El Niño Strikes Vital Route The Panama Canal has announced a reduction in shipping traffic due to low water levels caused by El Niño, sending shockwaves through the global trade community.
As one of the most critical waterways in the world, the canal's reduced capacity will have far reaching consequences for businesses that rely on it.
El Niño's droughts are not limited to Central America; they have also been linked to severe water shortages in other regions, including Honduras, where 80% of the country has been placed on drought alert by its government.