Vessel wait times at Panama Canal increased more than 40% in August
Saturday, 2 September 2023 The average wait time for non-booked vessels at the Panama Canal increased significantly last month due to a prolonged drought. Restrictions on daily transits and ship drafts were imposed to conserve water, resulting in longer waiting times for ships. The backlog of ships has eased slightly, but the restrictions are expected to last for at least 10 more months. While there has been a slight increase in rainfall, it is not enough to raise water levels in the canal. Experts predict that the low water levels will persist for the foreseeable future.
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Dozens of ships dot both sides of the drought-hit Panama Canal as it maintains restrictions on the crossing of vessels. The measure, prompted by a shortage of rainwater, has congested access to the..
Saturday, 2 September 2023
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