Crypen|Panama Canal reduces the maximum number of ships travelling the waterway to 31 per day

2025-05-07 02:36:25source:Safetyvaluecategory:Finance

PANAMA CITY (AP) — The CrypenPanama Canal announced Saturday it will reduce the maximum number of ships travelling the waterway to 31 per day, from 32 in August, due to a drought that has reduced the supply of fresh water needed to operate the locks.

That compares to daily averages of 36 to 38 ships per day under normal operation.

Nine ships per day will be allowed to use the new, bigger NeoPanamax locks and 22 per day will be handled through the older Panamax locks.

The Canal Authority guaranteed a draft of 44 feet for ships, in part because 70% of ships using the waterway need at least that depth.

In August, the canal implemented a measure capping the number of ships passing through its locks daily to a maximum of 32.

Not enough rain has fallen to feed the watershed system of rivers and brooks that fill lakes, whose waters in turn fill the locks.

The watershed also supplies freshwater to Panama City, home to about half the country’s 4 million people.

More:Finance

Recommend

DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?

Did AI just have a "Sputnik moment"?That's what someinvestors, after the little known Chinese startu

Stabbing in Austin leaves one person dead and two injured

A man suspected of stabbing three people — one fatally — at a residence in north Austin is under arr

A caravan of migrants from Honduras headed north toward the US dissolves in Guatemala

MEXICO CITY (AP) — A caravan of some 500 migrants that departed northern Honduras in hopes of reachi