How El Niño Rain Shortages Restrict Panama Canal Transit Slots

StoneX2 hours ago1:02

It connects two massive oceans, but did you know the Panama Canal actually runs on freshwater? When El Niño brings drought and rainfall drops, water levels in Gatun Lake decline. Because the canal's locks depend entirely on this freshwater reservoir, lower water levels force authorities to restrict available transit slots and reduce maximum vessel cargo loads. Tom Beney, Senior Vice President of Ocean Freight at StoneX, explains how the canal locks are reliant on water from the Gatun Lake. View his full report in the related video. #PanamaCanal #Shipping #GlobalTrade #Logistics #SupplyChain #StoneX #Shorts