After facing the drought of the century, the Panama Canal has limited daily transfers in order to ensure safe operation. Alas, this limitation has led to over 200 ships stuck on the sides of the Canal, waiting to cross the crucial waterway. Specifically, in response to the unpredictable weather patterns and the need to ensure reliable and sustainable service, the Panama Canal allows an average of 32 vessels per day to transit through it during this period. As the Canal is a very important global waterway that numerous ships carrying millions worth of cargo cross every year, its jam except for inconvenient, is also a direct threat to the global supply chain.
Click for Full Text!